[Lnc-business] Fwd: FW: January End-Of-Month Financial Reports

[Wes Benedict]

The payment required by the Policy Manual is $60,000, and as Robert has 
confirmed below, we've sent $62,000. So we're in good shape there.

Many thanks to Michael Chastain, who put forward the $25,000 matching 
challenge to get us there so fast this year (we failed in 2015).

https://www.lp.org/double-your-investment-in-the-lp/

We're working on designing his plaque and other materials for the room 
he is naming at LPHQ:

 From the policy manual:

> 17) Office Mortgage
> It shall be the goal of the LNC to completely pay off the office 
> mortgage as quickly as
> possible, and in any case prior to the due date of the 10-year balloon 
> payment. Towards that
> end the LNC shall budget a minimum of $60,000 in each odd-numbered 
> year to pay down the
> principal until the mortgage balance is zero. Fundraising for this 
> specific purpose shall be
> made a high priority. This provision does not preclude additional 
> fundraising and prepayments
> in even-numbered years.

Details from Robert Kraus below.


Wes Benedict, Executive Director
Libertarian National Committee, Inc.
1444 Duke St., Alexandria, VA 22314
(202) 333-0008 ext. 232, wes.benedict at lp.org
facebook.com/libertarians @LPNational
Join the Libertarian Party at: http://lp.org/membership



-------- Forwarded Message --------
Subject: 	FW: [Lnc-business] January End-Of-Month Financial Reports
Date: 	Tue, 28 Mar 2017 13:56:39 -0400
From: 	Robert Kraus <robert.kraus at lp.org>
To: 	'Wes Benedict' <wes.benedict at lp.org>, 'Tim Hagan' <treasurer at lp.org>



YTD we have raised $61,759.65 towards the Building Fund & have sent 
$62,000.00 to BB&T in additional principle payments to pay down the 
mortgage.

Live Free!​​​​

/*/Robert/*/*/

/*Robert S. Kraus - Dir of Operations
Operations at LP.org
Libertarian National Committee
Ph: 202.333.0008 x 231

------------------------------------------------------------------------

*From:*Lnc-business [mailto:lnc-business-bounces at hq.lp.org] *On Behalf 
Of *Whitney Bilyeu
*Sent:* Tuesday, March 28, 2017 1:33 PM
*To:* lnc-business at hq.lp.org
*Subject:* Re: [Lnc-business] January End-Of-Month Financial Reports

Thanks for asking, Caryn!  I had an inquiry last night about this, as well.

Whitney Bilyeu

On Tue, Mar 28, 2017 at 12:12 PM, Caryn Ann Harlos 
<carynannharlos at gmail.com <mailto:carynannharlos at gmail.com>> wrote:

Tim, have we yet paid the "Wiener rule" payment for this year?  If not, 
when is it scheduled for?

-Caryn Ann

On Sun, Mar 26, 2017 at 8:12 PM, Tim Hagan <timhagan-tyr at yahoo.com 
<mailto:timhagan-tyr at yahoo.com>> wrote:

The January End-of-Month Financial Reports are attached. The year 
started with a $42,998 surplus. The reserve is at $242,828.

Tim Hagan


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-- 

*In Liberty,*

*Caryn Ann Harlos*

Region 1 Representative, Libertarian National Committee (Alaska, 
Arizona, Colorado, Hawaii, Kansas, Montana, Utah, Wyoming, Washington) - 
Caryn.Ann. Harlos at LP.org <mailto:Caryn.Ann.Harlos at LP.org>

Communications Director, Libertarian Party of Colorado 
<http://www.lpcolorado.org>

ColoradoStateCoordinator, Libertarian Party Radical Caucus 
<http://www.lpradicalcaucus.org>

Chair, LP Historical Preservation Committee

A haiku to the Statement of Principles:

/We defend your rights/

/And oppose the use of force/

/Taxation is theft/


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