May 20, 2010 - Eastern Band of Cherokee
May 20, 2010 - Eastern Band of Cherokee
May 20, 2010 - Eastern Band of Cherokee
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NEWS ka-no-he-daPortfolio Asset Growth Summary 1st quarter <strong>of</strong> <strong>20</strong>10Note: This informaon was provided to the One Feather by Cindy Chandler, Investment Analyst for the EBCI Office <strong>of</strong> Budget, Finance and Technology. A further note - underthe column <strong>of</strong> net contribuons the negave amounts indicate fees or other payments made out <strong>of</strong> that parcular porolio. The Debt Service porolio funds most <strong>of</strong> theTribe’s large projects (i.e. new school,language immersion and raw water upgrades).PortfolioBeginningValueNetContributionsIncomeReceivedGain(Loss)EndingValueChangeInceptionyearValue atInceptionSinceInceptionReturnEndowment #1 $105,796,000 $(142,000) $935,000 $2,418,000 $109,007,000 3.0% 1997 $30,004,000 5.3%Endowment #2 $44,609,000 $511,000 $358,000 $909,000 $46,387,000 4.0% <strong>20</strong>04 $500,000 3.7%Debt ServiceSinking FundFoundation(Minors Trust)$140,468,000 $(13,538,000) $1,172,000 $3,607,000 $131,709,000 -6.2% 1999 $3,821,000 3.9%$316,413,000 $(1,883,000) $2,087,000 $5,665,000 $322,282,000 1.9% 1996 $8,436,000 5.6%Total $607,286,000 $(15,052,000) $4,552,000 $12,599,000 $609,385,000 0.3% $42,761,000ObituaryMartha Agnes SwillingMrs. Martha Agnes Swilling, , 55 <strong>of</strong> <strong>Cherokee</strong>,North Carolina died on Saturday, <strong>May</strong> 1, <strong>20</strong>10, atsheville Specialty Hospital in Asheville, North Carlina.Born Thursday, October 14, 1954 in Swain Co.,North Carolina she was the wife <strong>of</strong> Steve Swilling andhe daughter <strong>of</strong> the late Guy George and Sally Trampereorge. She was a member <strong>of</strong> Seventh Day Adventisthurch <strong>of</strong> Bryson City.Surviving are sons, Carl Swilling and wife Aprilf Cleveland, TN, Adam Swilling and wife Robyn <strong>of</strong>leveland, TN, Matthew Swilling <strong>of</strong> Cleveland, TN andustin Swilling and wife Leslie <strong>of</strong> St. Augustine, FL.A Funeral service was at 2:00 PM on Mondayay 3rd at the Seventh Day Adventist Church <strong>of</strong> Brysonity located at Hwy 19 South Bryson City, North Carlina28713 with the Duane Miracle <strong>of</strong>ficiating. Interentwas at the Guy George Family Cemetery, <strong>Cherokee</strong>,NC.The family received friends from 6:00 PM to onunday, <strong>May</strong> 2, <strong>20</strong>10, at the Seventh Day Adventisthurch, Hwy 19 South, Bryson City, North Carolina.Long House Funeral Home, helped with therrangements.THURSDAY, MAY <strong>20</strong>, <strong>20</strong>10cherokee one feather21