Most Worshipful Prince Hall Grand Lodge Free and Accepted Masons Maryland and Jurisdictions, Inc. Most Worshipful Melvin M. Thorpe Grand Master Most Worshipful Prince Hall Grand Lodge Free and Accepted Masons Maryland and Jurisdictions, Inc. MW Melvin M. Thorpe, Grand Master RW James Lundy, Grand Inspector RW Stanley E. Jordan, Deputy Grand Inspector RW Stephen B. Bush, Deputy Grand Inspector Most Worshipful Prince Hall Grand Lodge Duties of the Grand Inspectors The Grand Inspectors shall have the responsibility of inspecting and reporting on the overall operation of all Constituent Lodges, concentrating most of his concern on their administrative procedures. He shall periodically visit each Constituent Lodge in the Grand Lodge for the purpose of inspecting Lodge records and records keeping. He shall ascertain that each Lodge in the jurisdiction is following established procedures in reporting of monies to the Grand Secretary. He shall at each Annual Communication of the Grand Lodge make a report of his findings and recommendations. Most Worshipful Prince Hall Grand Lodge FINANCIAL PLANNING Most Worshipful Prince Hall Grand Lodge All Lodges Should Be Operating From A Budget To Develop a Budget Requires Financial Planning - Financial Planning Includes Evaluating • Income • Expenses • Managing Your Financial Plan Most Worshipful Prince Hall Grand Lodge Definition Income – The amount of money received during a masonic year. Expense – The cost involved in some activity; a price. Most Worshipful Prince Hall Grand Lodge • Dues • Fundraisers • Donations • Lodge Assessments Most Worshipful Prince Hall Grand Lodge Expenses • Annual Maint. Tax $ 35.00 per mbr • Per Capita Tax $ 21.00 per mbr • Scholarship $ 10.00 per mbr • Charity Fund $ 6.00 per mbr • GL Raffle Tickets $ 30.00 per mbr • CHIPS Program $ 5.00 per mbr • Magazine Subscription $ 9.50 per mbr $116.50 per mbr Addtl fees - Raised/Healed Brothers $ 70.00 Registration Fee (Per Officers) $150.00 Renovation Fee $100.00 Most Worshipful Prince Hall Grand Lodge Budget Define Your List of Priorities MUST SHOULD WANT G. L. Assessments Charity Fraternal Support Facility Fees Community Service Social Affairs Insurance Bond Most Worshipful Prince Hall Grand Lodge Semi-Annual 1 Nov – 30 April • Per Capita Tax • Maintenance Tax Possible Addtl Fees: Raised/Heal Fee Charity Fund $70.00 $ 6.00 Most Worshipful Prince Hall Grand Lodge Annual 1 May – 31 October • Maintenance Tax • Per Capita Tax • Scholarship • Raised/Healed Brothers • Charity Fund • Registration • CHIPS Program • Magazine Subscription Most Worshipful Prince Hall Grand Lodge TREASURER’S REPORT Activity For September 1 Through September 30, 2010 Checking Account Beginning Balance, September 1, 2010………………………………………….……………$1,328.09 Deposit No. , September 1, 2010……………………………… .. 1,800.00 Deposit No. , September 15, 2010………………………………….200.00 Beginning Balance + Deposit……………………………….………………………...…. 3,328.09 Deduct - Disbursements: 1.) 1348 My Lodge#1 (Rent) 65.00 2.) 1349 Bro. Johnson (Flowers) 28.95 3.) 1350 My Lodge#1 (Rent) 65.00 4.) 1351 Bro. Adams (Repast) 101.81 5.) 1352 Stan Jordan (Donation) 420.00 Total Deduct - Disbursements……………………………….…………………..………. - 680.76 Ending Checking Account Balance, September 30, 2010..……………………………..... $2,647.33 Less Set Asides Registration Annual Session (5 x $150.00)…………………….. 750.00 Trustee Maintenance Tax ( 21 x $35.00)…………………..…….. 315.00 GL Per Capita Tax ( 21 x $21.00)…………..………………...…… 189.00 Scholarship Fund (21 x $10.00)……………………………………. 90.00 Raised/Healed ( x $70.00)………….………………..………………... 0.00 Reinstated ( x $60.00)...……………………………...………………... 0.00 Charity Fund (21 x $6.00)………………………………………….… 54.00 Newspaper (21 x $9.50)……………………………………………… 54.00 Temple Renovation Fund ( x $100.00)……………………………… 0.00 Old Building Fund ( x $150.00)………………………………………. 0.00 Entity Fee ($22.00)……………………………………………………. 22.00 Master Mason Ball……………………………………………………… 0.00 Fraternal Assistance……………………………………………………0.00 Total Set Aside Funds………………………………………………………………………………. - 1,474.00 Net Operating Balance Checking Account, September 30, 2010..……………………..…… $1,173.33 Most Worshipful Prince Hall Grand Lodge Questions ???