1. North America Chapter of BIT Sindri Alumni Association presents Neil Pundit, President and Treasurer Association Treasury Report for 2012-2013

2. Balance  May 13, 2013 - Nonprofit Business Checking Account opened with PNC Bank, in DE  Signature Authority: Yogendra Chadda, Neil Pundit Transfer from old account with Bank of America$6,458 10 MEMBERS contribution for LIFE MEMBER$10,201 13 MEMBERS fee and additional contributions$ 1,055 Total$17,714

3. EXPENDITURES  2013 projected expenses ExpensesAmount Legal & IRS Fees$1,906 Mailing cost$176 Searching$69 Promotional$980 Total$3,131

4. Budget  Schedule Budget for 2013 = $8,000  Expected 160 Member Fee of $50 each Opening Balance$ 14,583 Receivable 2 LIFE MEMBER Pledges$ 1,200 Current Balance$15, 683

5. BIGGER FINANCIAL PICTURE  NO ASSETS, NO BUILDING, NO LOANS  ALL SCHOLARSHIPS ARE PERPETUALLY FUNDED  ONLY 25 MEMBERS HAVE PAID vs 160 projected  MUST BUILD RESERVES  ENV ENGRG START WILL NEED CAPITAL  ALL PROJECTS MUST HAVE TARGETED CAMPAIGNS

6. Q & A