[Lnc-business] June End-of-Month Financial Report

[Tim Hagan]

The June End-of Month Financial Reports are attached. The reserve is now down to only $111,075. 

Dr. Frank Clinard, Jr., of Los Alamos, NM, left a bequest of $111,863 to the LNC. His bequest was booked as revenue in June. The FEC has ruled that contribution limits apply to bequests. The LNC is still litigating the limit. The amount over the $33,900 limit for general funds is being placed in an escrow account.

Dr. Clinard (1933-2016) was the world authority on Radiation Damage in Materials at Los Alamos National Laboratory, Fellow of the American Ceramics Society, Libertarian candidate for New Mexico State Senate in 1992, and served as the LPNM Public Relations Director.

Tim Hagan
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