b'18 | ANNUALPRESI DENT S REPOR TMRCA Foundation MRCA FoundationBalance Sheet - CashAs of June 30, 2015ASSETSCurrent AssetsChecking/SavingsPNC - 3312 35,010.93Total Checking/Savings 35,010.93Other Current AssetsI have been privileged to serve as MRCA President in 2012 and as the MRCAMarketable SecuritiesFoundation President during the past two years, 2014 and 2015. Charles Schwab-Money Market 5,983.08Charles Schwab - Investments 340,873.62Our vision for The MRCA Foundation has created a significant opportunity toTotal Marketable Securities 346,856.70enhance the roofing industry and create financial growth for the Foundation.In the spring of 2012 we created the MRCA Foundation Auction. While the AuctionTotal Other Current Assets 346,856.70has been very successful, this is the vehicle we use to create the opportunity to fund scholarships, research (e.g. 2015 Reflectivity Study, and 201314 WaterTotal Current Assets 381,867.63Based Adhesives Study) , and educational opportunities such as speakers for the Young Contractors Council, and translating tool box talks in to Spanish. We have hired professional, technically competent translators to accomplish this task.TOTAL ASSETS 381,867.63The Foundation Auction is supported by donations from manufacturers, contractors, suppliers, and others with an interest in our industry. Their generosityLIABILITIES & EQUITYhas provided items such as roofing material, jewelry, tools, hunting trips, personal trips, and activities such as an Indy Car ride, golf trips, and many other fun and interesting items and opportunities. During the past three years we have raisedEquitynearly $140,000 for Foundation use. Please consider a donation to this industryUnrestricted Net Assets 381,867.63event, so that we may continue the important work on behalf of the roofing industry.Total Equity 381,867.63We have also created the opportunity to add industry leaders to the Foundation Board of Directors. While the core of Foundation leadership has been vestedTOTAL LIABILITIES & EQUITY 381,867.63with MRCA leadership, we have created an environment to add a few leaders of influence to the board. The goal is to set the stage for continued and future Foundation growth with fresh ideas and industry insight. I am proud to present the accompanying balance sheet, photos, and descriptions for you, our members, to see the good work the MRCA Foundation is accomplishing. I look forward to seeing all of you at this Page 1 of 1years Auction in Kansas City!Randy Adams,2015 Foundation Chairman2012 MRCA President'