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<br /> <br /> <br /> <br /> <br /> <br /> American Red Cross, Lamar County Chapter <br /> Notes to the Cash Basis Financial Statements <br /> <br /> For the Year Ended June 30, 2009 <br /> <br /> <br /> Temporarily Restricted Net Assets are net assets subject to donor-imposed stipulations <br /> that may or will be met, by actions of the organization and/or the passage of time. When <br /> a restriction expires, temporarily restricted net assets are reclassified to unrestricted net <br /> assets and reported in the statement of activities as net assets released from restrictions. <br /> <br /> Permanently Restricted Net Assets are net assets subject to donor-imposed stipulations <br /> that must be maintained permanently by the organization. Generally, the donors of these <br /> assets permit the organization to use all or part of the income earned on any related <br /> investments for general or specific purposes. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> 0075 <br />