Appendix 4

Endowment Fund Statements 

The Community Congregation

                                                                                   ENDOWMENT FUND

for ENDURING PROGRAMS

as of 6/30/2005

                                                                                                        06/30/2005

Current Carrying Value of Accounts                                                  adjusted

                        Social Justice Projects                                               148,993                        (objective met)                                                                                                                       

                        Youth / Campus Ministry                                               31,750                      $250,000 by 1/1/10                               

                        Art, Music & Aesthetics                                                15,874                      $40,000 by 1/1/07 

                       Economic Assistance Fund                                          69,884                        (objective met) 

                                              Total                                                      266,501                          

Adjustments to Carrying Values Since  6/30                                                                         

            beginning balance                                                                   231,998                                  

            less, transfers to operating budget                                            -4,951                                  

            plus, additional gifts                                                                  39,454                                  

            current carrying values                                                           266,501            

Changes in Asset Values Since 6/30                                                                        

            Beginning Balance                                                                  231,998

            Net Cash Flow                                                                          34,503                                  

            Interest & Dividends Paid                                                           5,807                                  

            Capital Gains Realized                                                             22,956                                  

            Changes in Value, unrealized                                                 -10,560                                  

            Ending Balance                                                                       284,704