The Marine Corps Reserve Association Life Membership Trust received $458.17 in dividends and interest during the first quarter of 2016. This is in contrast with $353.98 received during the corresponding quarter of 2015, an increase of $104.19.
The market value of the Trust as of the end of the business day on 31 March 2016 was $58,108.74 compared with $49,325.02 at the end of 31 March 2015. The Trust value rose above the 50,000.00 mark during the last quarter of the 2015. It may be of interest to note that during January of this year, the Dow Jones Industrial average dropped by 4%, yet the market value of the Trust increased by 1%. This is a reflection of the Trust investment management philosophy to invest in corporations with a strong financial base and a history of increased annual dividends. This philosophy offers market value stability protecting the Trust from wild market fluctuations and at the same time gradual increases in value from the promise of increased dividend income.
The Trust is currently projected to pay a total of $1,926.60 in earnings to the Association. Of course, life membership dues as well as donations delivered to the Trust this year will increase the earnings for 2016.
Interested parties may make donations directly to the Trust. Make your check payable to: MCRA Life Membership Trust and mail to:
MCRA Life Membership Trust
c/o LtCol Thomas M. Howlett USMCR(Ret) 1370 Fox River Drive
De Pere, WI 54115-2403
Questions about the Trust should be submitted to: LtCol Thomas "LPM" Howlett USMCR(Ret) Founder and Investment Manager lpm.usmc@gmail.com
WHEREAS, the Trustor desires to create an independent organization, in the form of a trust, to provide a continuing source of revenue and support of the Marine Corps Reserve Association through the investment of membership dues and other donations as may be received by this Trust, all within the limitations of Section 501(c)(19) of the Internal Revenue Code.
To donate to the MCRA LIFE FUND TRUST click here or mail a check to:
MCRA Life Membership Trust c/o LtCol Thomas M. Howlett USMCR(Ret) 1370 Fox River Drive De Pere, WI 54115-2403
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