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American Friends Service Committee — Part 29
Page 23
23 / 77
mn EE
Belanco at end of year (carriod forwerd) . $1,699, 676.00
This Pert of the Belence Is Alloceted es to Use:
Resorvod for contingencies % 246,945.00
Held for special purposes of tha Coumittee 170,242 27
Contributed for special uses 544,136.45
Undistribited relief clothing, otc. 66,023.01
Reguired for working funds (edvences, 189,771.90
recoivables, etc.) 1,217 120.23
Balance Unclloceted et Und of the Year & a2 4749.77
The above report further indicates that during 1953,
the United States Government contributed surplus commodities
enounting to '223,632.\5 to the AFSC.
The "Condensed funual Report" of the AFSC for the
year 1954, previously mentioned, sets out the following exnend-
itures for the AFSC during the year 1954:
"The /FSC spent $3,100,000,.CC in 1954, contributed
by some 70,006C individuals, and by foundations and
governuents., In eddition, we distributed %2,933,000.C0
worth of food end clothing."
The above revort further indicates that the United
States Government was paying $04 of the cost of the ATSC's
program in India.
In Sevtember 195, T-2 advised thet the /FSC
received funds for its overations from the religious Society
of Friends ond srents fron the Ford Foundstion and the Kockefeller
Foundation. :
(t-2, 9/21/54)
IT. ATMS AMD CEILCTIVES
The Harch-April 195!) issue of the "Bulletin," whicn
is publishca at the headyuertcrs of the /FSC, 20 South 1?th
Street, Philedelphia, sets out the following stetcment regarding
“ the tims and objectives of the FEC:
- 12 -
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