1. ANNUNCIATION HOLY CATHOLIC AND APOSTOLIC CHURCH
CARDINAL DR. ELIZABETH S. ROTHSCHILD, PASTOR
FINANCIAL STATEMENT
Funds accounted below selected from Pastor's Salary, to be appropriated and distributed as
follows: Church Treasury Savings appropriated on a sliding scale for ratios of various
percentages from year to year, as such:
Year A ~ at 90%
Year B ~ at 80%
Year C ~ at 70%, and etc.; with adjustments circumventing every nine years. The maximum
allowable allocations in combination of Church Treasury Savings Collateral matched by 501 (c)
3 Tax Deductible TAX EXEMPT budgetary goal is to match in assets by donations in the
amount of the liquid collateral of the Church Treasury Savings collateral. As for United States
Treasury Savings Bonds purchases, the interest is to be distributed to church bonds interest
savings account at 25 year maturity, at expiration of bond. The face bales of the savings bonds
are to be absorbed into the US Treasury at 25 year maturity, without renewal. New bonds are
purchased annually. Purchased bonds are held for 25 years to maturity. At maturity the interest
is deposited into Annunciation Holy Catholic and Apostolic Church Bonds Interest Savings
account and the face value of the bond is relinquished as a federal deposit: further, said bonds
are re-issued to the order of the United States Treasury.
BUDGETARY FORECASTS
Church Operations: $424,776,316.00 - $425,600,000.00
Operational Savings: $823,684.00
Church Maximum Capacity: $532,000,000.00 (projections include Church Operational Budget
maximum, plus church expense.
PASTOR'S SALARY
YEAR AMOUNT
2015 – 2016 $24,000,000.00
2017 48,000,000.00
2018 – 2023 54,000,000.00
Thereafter 54,000,000.00
2. CHURCH TREASURY SAVINGS FOUNDATIONAL CAPACITIES
through 2022: $182,400,000.00 collateral, savings, and/or tax credit allocated for
Pastor's Quarters and Rothschild's Psyche & Soul Health Salon: at 43%
2023 – 2027: $167,400,000.00 collateral, savings, and/or tax credit allocated for AHCA
Clergy Center and Pope Francis Clinic: at 21%
2028 – 2031: $75,800,000.00 collateral, savings, and/or tax credit allocated for
Annunciation HCA Seminary Academy: at 15%
