1. IEEE Life Members Fund 2012 Year End Financial Summary
April 2013
LMC Meeting
Pre-audited financial data 1

2. Life Members Fund – December Balance Summary
Thousands

3. IEEE LMF - Balance Summary – 2010 - 2012
2011
2012
Fund Balance – 1 Jan
$1,868.9M
$1,947.5M
$1,788.4M
Contributions
392.2k
319.0k
306.7k
Interest & Dividends
51.7k
56.0k
45.8k
Administrative Expenses
(106.3k)
(120.6k)
(105.9k)
Ongoing Programs
(122.3k)
(134.5k)
(105.5k)
Projects/ Grants
(198.6k)
(197.5k)
(281.7k)
Net Gain/(Loss) – Investments
61.9k
(81.5k)
200.2k
31 Dec – Ending Balance
$1,848.1M

4. IEEE LMF – Administrative Expenses – 2009 - 2011
2010
2011
2012
LMC Travel Support To Meetings
30,767
43,887
45,988
Reg LM Coordinator Mtg
18,367
13,292
11,244
Fundraising - LM Pins/Certificates
(410)
Fundraising – Coasters
20,040
24,100
24,225
Fundraising - Special Events
16,259
21,130
15,422
Life Mbr Fund Annual Giving Program Dev Off.
4,947
8,839
1,182
Administration/Misc
5,882
3,879
3,321
Administration – Invest
10,416
5,435
4,493
106,267
120,562
105,875

5. Life Members Fund – Special Projects/Grants Summary
Thousands

6. Life Members Fund – Contribution Summary - Dec
Thousands

7. LMC Meeting Locations 2004 – Piscataway/Piscataway, NJ
2005 – Piscataway/Newark, NJ*
2006 – Piscataway/Morristown NJ*
2007 – Piscataway/San Juan, PR*
2008 – San Antonio, TX/Quebec City*
2009 – Orlando, FL*/Buenos Aires
2010 – San Jose, CA*/Boston, MA
2011 – Alexandria, VA*/Chicago, IL
2012 – Piscataway, NJ /Tampa, FL
2013 – Philadelphia, PA*/TBD
* Regional LM Coordinator Mtg

8. LMF Spending Model The Fund balance shall remain at least $1M USD
$2,268.5M in 2012
Annual spending shall be based on the past 3 year average of the following:
6% of investments on 1/1 (Fund Balance)
Annual LMF contributions
Assume 2.5% growth projection from prior year investments (Fund Balance) for subsequent years projections
To be used as reference tool only