Opinion
Civil Action No. 04-cv-00354-WDM-BNB.
October 23, 2007
ORDER
This matter is before me on the Receiver's Unopposed Motion to Approve Final Report and Proposed Final Distribution of Receivership Assets and Request for Expedited Determination [Doc. # 191, filed 8/30/2007] (the " Motion"). The Motion is GRANTED.
This action was commenced by a complaint filed by the Securities and Exchange Commission alleging that Kelsey L. Garman improperly operated the four defendant investment funds resulting in substantial loses to the investors. The Receiver was appointed on March 2, 2004, and thereafter took control of the assets.
On February 18, 2005, I found that the Receiver was prepared to receive and process claims, and I entered an order establishing a claim procedure. The procedure required the Receiver to send a claim form and related materials to all known and reasonably ascertainable claimants within 10 days of February 18, 2005. Claimants were required to complete a claim form and to submit it to the Receiver on or before April 18, 2005. The Receiver had 30 days within which to allow or disallow claims. The procedure also required claimants to challenge within 20 days of receiving notice of the disallowance any decision by the Receiver disallowing a claim. Finally, the procedure provided:
Failure by the Claimant to file and serve a request for review within 20 days after service of the notice of disallowance shall bar further review of the Receiver's determination and, to the extent of the disallowance, the Claimant shall not be entitled to share in the assets of the Receivership Estate. . . .
[Doc. # 86, filed 2/18/2005.]
The Receiver followed the claim procedure, and on September 30, 2005, he filed the Receiver's Motion to Approve Report Concerning Allowance and Disallowance of Claims and to Authorize Interim Distribution [Doc. # 117] (the "Receiver's Motion to Approve Allowance and Disallowance of Claims"). I reviewed the Receiver's Motion to Approve Allowance and Disallowance of Claims and recommended to the district judge that it be approved. Recommendation of United States Magistrate Judge [Doc. # 135, filed 1/312/2006]. A copy of my recommendation was served by United States mail, first class service, on each party to this action and on each of the claimants. All interested parties were allowed 10 days after service of the recommendation to serve and file specific, written objections to it, but no objection was received. By an Order [Doc. # 141] entered on April 13, 2006, the district judge accepted my recommendation, allowed the claims set forth in Exhibit 1 to the Order, and disallowed the claims set forth in Exhibit 2 to the Order. The district judge also authorized an interim distribution to the claimants in the amount of $8,516,636.
The rights of the claimants were fully established by the Order [Doc. # 141] allowing claims. The current Motion requests a final distribution of the Receivership assets based on the formula previously established by that Order. Approval of the final distribution is a ministerial function.
The Receiver states in the Motion that he has filed appropriate tax returns, that he is informed by the Internal Revenue Service that there is no current audit activity on those returns, and that "waiting for further word from the IRS is not necessary and will not result in a substantial benefit to the estate." Motion at ¶¶ 14-19.
I have approved all pending fee applications, and all fees and expenses of the Receiver incurred to date have been paid. The Receiver has estimated all remaining fees and expenses necessary to conclude the Receivership; the funds to pay those fees and expenses have been set aside; and I have authorized that they be paid by the Receiver as incurred, to a maximum amount.
Under these circumstances, it is appropriate to approve the final distribution of assets to the claimants.
Attached as Exhibit 9 to the Motion is a list of claimants; the amount of their allowed claims; the amount of their allowed claims after a proportionate reduction of 11.4%; the amount of the approved interim distribution; the proposed final distribution; and the total amount distributed. I find that the Receiver's work in determining the amount of the final distribution is thorough and accurate, and I approve it.
Although the names of a few of the claimants do not match exactly the names contained in Exhibit 1 to the Order [Doc. # 141] allowing claims, the claimant numbers match, as do the amounts of the allowed claims. I am satisfied as a result of a careful review that Exhibit 1 to the Order allowing claims and Exhibit 9 to the Motion are consistent.
The Order [Doc. # 141] allowing claims provided for a proportionate reduction of 14%. The Receiver has subsequently recovered additional funds which are being distributed to the claimants. Consequently, the required proportionate reduction is smaller than was previously anticipated.
IT IS ORDERED that the Motion is GRANTED as follows:
(1) The Receiver shall make a final distribution of $690,462.89 to the identified claimants in the amounts specified in Exhibit 9, attached to and made a part of this Order, within 15 days;
(2) At the time of his discharge, the Receiver shall transfer to the Securities and Exchange Commission any excess of the funds reserved for final fees and expenses and any unclaimed funds from the final distribution;
(3) The Receiver shall assure that necessary documents and records are maintained for seven years, after which time they may be destroyed; and
(4) On or before April 15, 2008, the Receiver shall either (a) move for an order discharging him from his duties, or (b) file a status report addressing all remaining duties to be performed and estimating when the Receiver will move for an order of discharge. SEC v. KELSEY GARMAN, et al. Exhibit 9 CASE NO. 04-CV-0354-WDM-BNB Interim Distribution and Receiver's Proposed Final Distributor Amount After Approved Interim Allowed Claim Proportionate Distribution Proposed Final Total Amount Member ID Name Amount Deduction Amount (1) Distribution (2) Distributed 39.89 693.05 75.49 75.39 3,279.46 18,627.81 1,309.64 10,723.40 150.51 81.44 65.68 66.48 797.75 66.48 65.68 661.47 3,656.36 2,326.98 79.78 349.22 156.23 93.07 84.76 84.76 126.31 842.96 1,329.58 472.00 7.98 6,689.10 265.12 148.83 3,265.67 4,972.39 152.99 229.89 401.28 944.01 863.72 43.21 2,326.77 1,497.51 76.35 63.29 178.61 664.79 517.95 212.73 4,121.71 1,582.21 281.85 2,088.95 1,788.29 740.45 15.96 19.28 276.56 7.98 967.27 7,550.19 154.56 4.99 149.37 4,382.24 139.61 664.79 88.08 1,462.54 1,232.39 5.65 3,591.49 1,329.58 2,659.17 1,058.68 2,193.43 1,462.03 1,903.83 163.80 83.10 81.44 81.44 1,687.67 2,778.83 2,980.53 330.73 443.75 266.92 3,349.09 398.88 1,329.58 63.16 232.68 99.72 139.61 3,323.96 265.92 3,467.90 79.78 997.19 99.72 873.17 43.21 14.63 664.79 2,681.44 764.51 4,786.51 1,395.79 981.14 565.07 127.24 1,876.38 66.48 3,623.12 19.94 4.26 33.24 161.24 15.16 79.78 262.59 4,933.53 302.48 340.71 507.08 398.88 4,747.95 1,349.97 4,681.14 1,147.17 4,466.26 3,678.20 5,285.10 628.83 1,553.63 1,059.55 1,462.54 2,925.09 62.49 1,329.58 158.69 628.23 15.96 166.20 664.79 7,977.51 132.96 20,747.77 265.92 882.34 764.51 2,526.21 1,425.31 2,516.24 47.20 47.20 2,492.25 127.64 664.79 332.40 39.89 266.38 48.75 973.92 48.20 59.83 76.45 46.54 825.01 34.57 11,301.47 480.31 330.73 63.16 56.51 56.51 1,161.72 249.43 404.70 2,961.37 2,788.10 997.19 6.65 1,896.32 332.40 2,060.86 994.73 13,295.85 9,844.91 9,384.74 82,518.60 1,950.17 35.12 997.19 66.48 4,220.06 161.54 198.35 3,701.30 4,002.05 66.48 169.52 2,371.90 46.81 750.80 798.14 76.46 59.83 59.83 7,505.39 6,946.42 11,237.22 431.32 19.94 19.94 19.94 19.94 1,169.43 81.44 122.99 122.99 3,822.04 152.90 39.89 6.65 14,567.37 598.31 166.20 2,320.02 59.47 41.55 21.61 996.39 797.75 332.40 3,656.36 4,568.45 62.13 983.89 498.59 1,994.38 39.89 49.86 747.50 9.97 152.90 997.19 4,381.44 166.20 15.96 285.86 1,568.91 3,722.84 132.96 66.48 132.96 671.44 1,128.49 1,536.01 348.02 66.48 630.89 12,598.72 1,327.99 403.33 2,429.15 475.99 142.93 2,911.74 398.88 152.90 152.90 651.47 1,529.02 65.68 2,200.36 204.76 816.03 2,459.73 2,725.65 66.48 2,654.66 4,415.88 703.08 1,077.69 2,624.63 7.98 664.79 3,395.80 11.97 1,708.52 1,661.98 146.64 6.65 1,319.74 7.98 7.98 22,170.03 4,275.70 7,748.19 1,994.38 348.97 282.29 348.72 911.35 1,136.86 3,925.38 8,309.91 66.48 3,988.75 339.04 575.71 13.30 13.30 1,208.81 4,189.85 455.38 3,690.46 3,285.75 2,708.54 2,426.49 274.47 84.76 63.29 6,024.79 3,323.96 179.49 132.96 2,326.77 1,994.38 973.92 297.15 834.80 34.90 145.27 2,619.18 3,698.90 348.52 383.92 138.78 3,580.57 6.65 29,372.26 731.86 38.23 212.73 18,281.79 833.75 13.54 2,421.95 3,323.96 332.40 19,150.00 16,976.08 15,703.00 1,273.08 16,976.08 $ 10,386,141.50 $ 9,207,098.88 $ 8,616,635.99 $ 690,462.89 $ 9,207,098.88 Total of Distributions as a Percent of Allowed Claimed Amoun 88.64792406% Court-approved Interim Distribution Amoun $ 8,516,635.99 Anticipated Remaining Funds Available for Dlstributioi $ 690,462.84 Total Funds Distributed $ 9,207,098.83
1.0 Acheson, Dan Susanne $ 600.00 $ 531.89 $ 492.00 $ $ 531.89 3.0 Acheson, Virginia 10,425.00 9,241.55 8,548.50 9,241.55 947.0 Adams, Daniel 1,135.49 1,006.59 931.10 1,006.59 946.0 Adams, John 1,134.07 1,005.33 929.94 1,005.33 6.0 Adams, Melvin D. Betty L. 49,330.39 43,730.37 40,450.92 43,730.37 949.0 Alexander, Sue 280,204.92 248,395.84 229,768.03 248,395.84 13.0 Anderson, Keith Charlotte 19,700.00 17,463.64 16,154.00 17,463.64 18.0 Anderson, Wesley Judith 161,304.50 142,993.09 132,269.69 142,993.09 20.0 Archer, Jenene 2,264.00 2,006.99 1,856.48 2,006.99 102.1 Audette, Jack 1,225.00 1,085.94 1,004.50 1,085.94 875.0 Baerg, Brittany 988.00 875.84 810.16 875.84 25.1 Baerg, Cody 1,000.00 886.48 820.00 886.48 25.0 Baerg, Dan Joyce 12,000.00 10,637.75 9,840.00 10,637.75 25.2 Baerg, Toby 1,000.00 886.48 820.00 886.48 876.0 Baerg, Zachary 988.00 875.84 810.16 875.84 27.0 Baghott, John Lorraine 9,950.00 8,820.47 8,159.00 8,820.47 979.0 Baldridge, Sam Sandra 55,000.00 48,756.36 45,100.00 48,756.36 38.0 Barnes, Carroll Carmen 34,988.00 31,016.14 28,690.16 31,016.14 39.0 Barnes, Cloyd Wanda 1,200.00 1,063.78 984.00 1,063.78 40.0 Barnes, Eugene 5,253.00 4,656.68 4,307.46 4,656.68 905.0 Barney, Adam 2,350.00 2,083.23 1,927.00 2,083.23 41.1 Barney, Benjamin 1,400.00 1,241.07 1,148.00 1,241.07 41.2 Barney, Christina 1,275.00 1,130.26 1,045.50 1,130.26 904.0 Barney, Emily 1,275.00 1,130.26 1,045.50 1,130.26 41.0 Barney, Janice 1,900.00 1,684.31 1,558.00 1,684.31 43.0 Bates, Chris Carol 12,680.00 11,240.56 10,397.60 11,240.56 585.1 Beauty for Ashes 20,000.00 17,729.58 16,400.00 17,729.58 48.0 Beck, Dempsey 7,100.00 6,294.00 5,822.00 6,294.00 49.0 Becker, Burleigh Sandra 120.00 106.38 98.40 106.38 52.0 Beckham, Lewis Gwendolyn 85,577.11 75,862.33 70,173.23 75,862.33 822.0 Best, John Carolyn 3,988.00 3,535.28 3,270.16 3,535.28 70.1 Bolton, Daniel 2,238.65 1,984.52 1,835.69 1,984.52 70.0 Bolton, Darrell Tami 49,123.22 43,546.71 40,281.04 43,546.71 71.0 Bolton, Donald Betty 74,796.09 66,305.18 61,332.79 66,305.18 70.2 Bolton, Ryan 2,301.34 2,040.09 1,887.10 2,040.09 28.0 Bowland, Carolyn 3,458.00 3,065.45 2,835.56 3,065.45 74.0 Boyd, Bobbie 6,036.12 5,350.90 4,949.62 5,350.90 80.0 Brown, Lamont Anne 14,200.00 12,588.01 11,644.00 12,588.01 854.0 Brown, Lavelle 12,992.31 11,517.41 10,653.69 11,517.41 851,0 Brumfiel, John 650.00 576.21 533.00 576.21 933.0 Burkholder, George R. 35,000.00 31,026.77 28,700.00 31,026.77 444.0 Burkholder, Ruth M. 22,526.00 19,968.83 18,471.32 19,968.83 824.0 Burnham, Esther M. 1,133.50 1,004.82 929.47 1,004.82 825.0 Burnham, Joel S. 952.00 843.93 780.64 843.93 826.0 Burnham, Susanna R. 2,686.59 2,381.61 2,203.00 2,381.61 985,0 Bureau, Maurice 10,000.00 8,864.79 8,200.00 8,864.79 938.0 Cardillo, Francis 7,791.14 6,906.68 6,388.73 6,906.68 96.0 Carlisle, Carl Mary 3,200.00 2,836.73 2,624.00 2,836.73 827.0 Carlsen, Douglas G. 62,000.00 54,961.71 50,840.00 54,961.71 13.1 Carlson Family Trust 23,800.00 21,098.21 19,516.00 21,098.21 102.0 Caven, Don Joyce 4,239.68 3,758.39 3,476.54 3,758.39 104.1 Ceramitek 31,422.61 27,855.49 25,766.54 27,855.49 111.2 Childers Ill, Ted 26,900.00 23,846.29 22,058.00 23,846.29 111.0 Childers, Ted Phoebe 11,138.00 9,873.61 9,133.16 9,873.61 118.0 Christensen, Elroy Marta 240.00 212.76 196.80 212.76 119.0 Christensen, James JoAnne 290.00 257.08 237.80 257.08 117.0 Christensen, Norma 4,160.00 3,687.75 3,411.20 3,687.75 121.0 Christner, Diane 120.00 106.38 98.40 106.38 122.0 Clarke, Drew Beth 14,550.00 12,898.27 11,931.00 12,898.27 123.0 Clarke, Fred 113,572.24 100,679.43 93,129.24 100,679.43 931.0 Conley, Dean Ann 2,325.00 2,061.06 1,906.50 2,061.06 943.0 Connolly, Brendan S. 75.00 66.49 61.50 66.49 1000.0 Coolidge Farrell, Christine 2,246.84 1,991.78 1,842.41 1,991.78 828.0 Coolidge, Melvin Linda 65,918.89 58,435.73 54,053.49 58,435.73 548.1 Courtright, Rachel 2,100.00 1,861.61 1,722.00 1,861.61 135.0 Cover, James Dee 10,000.00 8,864.79 8,200.00 8,864.79 102.2 Coy, Portia 1,325.00 1,174.58 1,086.50 1,174.58 138.0 Crenshaw, Dan Judy 22,000.00 19,502.54 18,040.00 19,502.54 812.0 Crenshaw, Jon 18,538.00 16,433.55 15,201.16 16,433.55 140.0 Crowfoot, Rick Karen 85.00 75.35 69.70 75.35 399.0 Cuppy, JoAnne 54,024.35 47,891.46 44,299.97 47,891.46 147.0 Davis, Kim Lee Anne 20,000.00 17,729.58 16,400.00 17,729.58 983.0 Davis, Robin 40,000.00 35,459.17 32,800.00 35,459.17 152.0 Deak, Steven Elizabeth 15,925.00 14,117.18 13,058.50 14,117.18 157.0 Deveaux, Denis Frances 32,994.15 29,248.63 27,055.20 29,248.63 836.0 Diamond, Joseph 21,992.29 19,495.71 18,033.68 19,495.71 160.0 Dick, Lois 28,638.00 25,386.99 23,483.16 25,386.99 165.0 Dolan, Paul Cheryl 2,464.00 2,184.28 2,020.48 2,184.28 168.0 Dortch, John 1,250.00 1,108.10 1,025.00 1,108.10 102.3 Edwards, Katie 1,225.00 1,085.94 1,004.50 1,085.94 102.4 Edwards, Michael 1,225.00 1,085.94 1,004.50 1,085.94 176.0 Ekno, Tim J. Vanessa K. 25,386.47 22,504.58 20,816.91 22,504.58 837.0 Farmer, Clara 41,800.00 37,054.83 34,276.00 37,054.83 182.0 Farmer, Daniel Judy 44,834.00 39,744.41 36,763.88 39,744.41 838.0 Farmer, Stephanie 4,975.00 4,410.23 4,079.50 4,410.23 185.1 Fee, Caroline 6,675.00 5,917.25 5,473.50 5,917.25 185.0 Fee, Gregory Cristine 4,014.99 3,559.21 3,292.29 3,559.21 186.0 Fee, Ray Margaret 50,378.00 44,659.05 41,309.96 44,659.05 950.0 Ferguson, Danelle 6,000.00 5,318.88 4,920.00 5,318.88 873.0 Fick, Alan Georgia 20,000.00 17,729.58 16,400.00 17,729.58 194.0 Foltz, Ann 950.00 842.16 779.00 842.16 210.0 Galloway, Bob Eunice 3,500.00 3,102.68 2,870.00 3,102.68 548.2 Gammill, Aaron 1,500.00 1,329.72 1,230.00 1,329.72 548.3 Gammill, Chandra 2,100.00 1,861.61 1,722.00 1,861.61 898.0 Gamwell, Stanley 50,000.00 44,323.96 41,000.00 44,323.96 910.0 Garagorry, Oswaldo Sonia 4,000.01 3,545.93 3,280.01 3,545.93 215.1 Garman, Joyce 52,165.09 46,243.27 42,775.37 46,243.27 217.0 Gates, Donald R Julie A. 1,200.00 1,063.78 984.00 1,063.78 991.0 Glanville, Charles Lee 15,000.00 13,297.19 12,300.00 13,297.19 998.0 Glanville, Robert and Jacquelyn 1,500.00 1,329.72 1,230.00 1,329.72 969.0 Grainger, Malcolm Johnie 13,134.38 11,643.36 10,770.19 11,643.36 238.0 Grey, John Geraldine 650.00 576.21 533.00 576.21 354.0 Griffin, Amanda J. 220.00 195.03 180.40 195.03 357.0 Grover, Jeanne E. 10,000.00 8,864.79 8,200.00 8,864.79 358.0 Grubbs, David Catherine 40,335.00 35,756.14 33,074.70 35,756.14 924.0 Gustman, Bethany 11,500.00 10,194.51 9,430.00 10,194.51 362.0 Gustman, Ronald Shirley 72,000.00 63,826.51 59,040.00 63,826.51 364.0 Gutierrez, Conrad Heidi 20,995.96 18,612.48 17,216.69 18,612.48 976.0 Haggerty, Deidre 14,758.63 13,083.22 12,102.08 13,083.22 977.0 Haggerty, Patrick 8,500.00 7,535.07 6,970.00 7,535.07 815.0 Haggerty, Tom Terri 1,914.00 1,696.72 1,569.48 1,696.72 893.0 Hagiwara, Charlotte 28,210.08 25,007.65 23,132.27 25,007.65 855.0 Haines, Tyler 1,000.00 886.48 820.00 886.48 882.0 Hallet Estate, Marion 54,500.00 48,313.12 44,690.00 48,313.12 995.0 Hammel, Sean 300.00 265.94 246.00 265.94 370.0 Hanselman, Ron Jill 64.00 56.73 52.48 56.73 864.0 Hayes, Doris 500.00 443.24 410.00 443.24 377.0 Hayes, Lee Sandi 2,275.00 2,016.74 1,865.50 2,016.74 380.0 Helling, Lillian 228.00 202.12 186.96 202.12 970.0 Helling, Marilee 1,200.00 1,063.78 984.00 1,063.78 381.0 Herber, E.A. 3,950.00 3,501.59 3,239.00 3,501.59 381.1 Herber, Shirley 74,211.53 65,786.98 60,853.45 65,786.98 975.1 Hoffpauir, John 4,550.00 4,033.48 3,731.00 4,033.48 975.0 Hoffpauir, Patricia 5,125.00 4,543.21 4,202.50 4,543.21 390.0 Hogue, Dick Marilyn 7,627.60 6,761.71 6,254.63 6,761.71 897.0 Hojnowski, Jim Marianne 6,000.00 5,318.88 4,920.00 5,318.88 393.0 Holland, Eugene Paula 71,420.00 63,312.35 58,564.40 63,312.35 396.0 Hopper, Marvin Sharon 20,306.54 18,001.33 16,651.36 18,001.33 984.0 Houchins, Laura 70,414.99 62,421.43 57,740.29 62,421.43 870.0 Huber, Kenneth W Gloria C. 17,255.99 15,297.08 14,149.91 15,297.08 401.0 Huebl (KIA #1), Norm Lorna 67,182.76 59,556.12 55,089.86 59,556.12 402.0 Huebl, Marc Madeleine 55,328.48 49,047.55 45,369.35 49,047.55 407.0 Jackson, Kenneth C Joan C. 79,500.00 70,475.10 65,190.00 70,475.10 420.0 Johnson, Eleanor 9,459.08 8,385.28 7,756.45 8,385.28 418.0 Johnson, Marian A. 23,368.63 20,715.81 19,162.28 20,715.81 422.0 Jones, Stephen Donna 15,938.00 14,128.71 13,069.16 14,128.71 994.0 Jones, William Jo Ann 22,000.00 19,502.54 18,040.00 19,502.54 872.0 Jumper, Allan 44,000.00 39,005.09 36,080.00 39,005.09 431.0 Kaminski, Patsy 940.00 833.29 770.80 833.29 840.0 Kamps, Edwin Wilma 20,000.00 17,729,58 16,400.00 17,729.58 437.0 Keim, Marianne Jean 2,387.00 2,116.03 1,957.34 2,116.03 438.0 Keller, Charles E Sally 9,450.00 8,377.23 7,749.00 8,377.23 439.0 Kershner, Lyniel Sandra 240.00 212.76 196.80 212.76 952.1 Kindall, Annabell 2,500.00 2,216.20 2,050.00 2,216.20 963.0 Kindall, Carolyn 10,000.00 8,864.79 8,200.00 8,864.79 859.0 Kindall, Daniel April 120,000.00 106,377.51 98,400.00 106,377.51 859.1 Kindall, Elijah 2,000.00 1,772.96 1,640.00 1,772.96 443.0 Kindall, Evand Avona 312,094.08 276,664.92 255,917.15 276,664.92 859.2 Kindall, Noah 4,000.00 3,545.92 3,280.00 3,545.92 952.0 Kindall, Steve Marjean 13,272.41 11,765.72 10,883.38 11,765.72 935.0 King, Philip 11,500.00 10,194.51 9,430.00 10,194.51 445.0 King, Robert Hannah 38,000.00 33,686.21 31,160.00 33,686.21 446.0 King, Sheridan 21,440.00 19,006.11 17,580.80 19,006.11 447.0 Klakulak, Matt Michelle 37,850.00 33,553.24 31,037.00 33,553.24 449.1 Klibbe, Dominique 710.00 629.40 582.20 629.40 449.2 Klibbe, Jonathan 710.00 629.40 582.20 629.40 104.0 Knorowski, Andy Peggy 37,489.03 33,233.25 30,741.00 33,233.25 455.0 Kogler, Doug LuAnn 1,920.00 1,702.04 1,574.40 1,702.04 456.0 Kohlrieser, John 10,000.00 8,864.79 8,200.00 8,864.79 458.0 Korach, Donald Marjorie 5,000.00 4,432.40 4,100.00 4,432.40 460.0 Krahmer, Ronald Barbara 600.00 531.89 492.00 531.89 463.0 Krispinsky, Genevieve 4,007.00 3,552.12 3,285.74 3,552.12 680.0 Kruger, Teri Walter 733.41 650.15 601.40 650.15 466.0 Kuhn, Gregory Debra 14,650.00 12,986.92 12,013.00 12,986.92 861.0 Kulp, Kara 725.00 642.70 594.50 642.70 862.0 Kulp, Kori 900.00 797.83 738.00 797.83 861.1 Kulp, Kortne 1,150.00 1,019.45 943.00 1,019.45 862.1 Kulp, Kyle 700.00 620.54 574.00 620.54 468.0 Kulp, Willis Evelyn 12,410.00 11,001.21 10,176.20 11,001.21 470.0 Kuster, Melvin 520.00 460.97 426.40 460.97 898.1 LaLuz Spanish Gospel Tape 170,000.00 150,701.47 139,400.00 150,701.47 474.0 Lawrence, Darlene 7,225.00 6,404.81 5,924.50 6,404.81 476.0 LeBlanc, Ronald Linda 4,975.00 4,410.23 4,079.50 4,410.23 102.5 Lee, Cassandra 950.00 842.16 779.00 842.16 102.6 Lee, Donald 850.00 753.51 697.00 753.51 102.7 Lee, Elizabeth 850.00 753.51 697.00 753.51 479.0 LeFebre, Brad Annemarie 17,475.00 15,491.22 14,329.50 15,491.22 481.0 LeFebre, Cory Candace 3,751.99 3,326.06 3,076.63 3,326.06 482.0 LeFebre, Don Meribeth 6,087.75 5,396.66 4,991.96 5,396.66 485.0 LeFebre, Lee Betty 44,545.64 39,488.79 36,527.42 39,488.79 488.0 Lemay, Norman Deanna 41,939.38 37,178.39 34,390.29 37,178.39 898.2 Little Children Mission 15,000.00 13,297.19 12,300.00 13,297.19 909.0 Lopes, Diane John 100.00 88.65 82.00 88.65 497.0 Loser, Larry Jan 28,525.00 25,286.82 23,390.50 25,286.82 968.0 Loveland, Rob Jessica 5,000.00 4,432.40 4,100.00 4,432.40 501.0 Lunoe, Richard W Jean G. 31,000.00 27,480.86 25,420.00 27,480.86 502.0 Mackelprang, Toni 14,963.00 13,264.39 12,269.66 13,264.39 504.0 Madonna, Rick 200,000.00 177,295.85 164,000.00 177,295.85 507.0 Manuele, Anthony Magdalene 148,090.00 131,278.71 121,433.80 131,278.71 508.0 Manus, Ronald Phyllis 141,168.00 125,142.50 115,757.76 125,142.50 756.0 Maranatha Investments 1,241,268.70 1,100,358.93 1,017,840.33 1,100,358.93 716.0 Marie V. Stevens Trust, 29,335.00 26,004.87 24,054.70 26,004.87 511.0 Marshall, Wallace J Lois C. 528.20 468.24 433.12 468.24 986.0 McColm, Pearl 15,000.00 13,297.19 12,300.00 13,297.19 900.0 McDowell, Chris Jenny 1,000.00 886.48 820.00 886.48 526.0 McGlamery, Harold Alice 63,479.31 56,273.09 52,053.03 56,273.09 527.0 McMechen, Monte Megan 2,430.00 2,154.14 1,992.60 2,154.14 530.0 Melton, Claude 2,983.60 2,644.90 2,446.55 2,644.90 589.0 Meschke, Rachel 55,676.00 49,355.62 45,654.32 49,355.62 534.0 Meyer, Donald Suzanne 60,200.00 53,366.05 49,364.00 53,366.05 856.0 Midkiff, Tiffanie 1,000.00 886.48 820.00 886.48 543.0 Miller, William Cynthia 2,550.00 2,260.52 2,091.00 2,260.52 929.1 Mission Evangelism Foundation 35,678.80 31,628.52 29,256.62 31,628.52 548.0 Mlady, Karen A. 704.12 624.19 577.38 624.19 843.0 Moe, Lee R. 11,293.86 10,011.77 9,260.97 10,011.77 996.0 Mohling, Wilma 12,005.90 10,642.98 9,844.84 10,642.98 549.0 Moncrieff, David Cathy 1,150.00 1,019.45 943.00 1,019.45 1001.2 Morrow Trust, Maxwell 900.00 797.83 738.00 797.83 1001.1 Morrow Trust, William 900.00 797.83 738.00 797.83 557.0 Mosier, Ed Barbara 112,898.20 100,081.91 92,576.52 100,081.91 558.0 Moskau, Mike Linda 104,490.00 92,628.22 85,681.80 92,628.22 561.0 Mulder, Harley 169,033.49 149,844.68 138,607.46 149,844.68 562.0 Mullet, Brad Kari 6,488.00 5,751.48 5,320.16 5,751.48 562.1 Mullet, Jacob 300.00 265.94 246.00 265.94 562.2 Mullet, Kelsey 300.00 265.94 246.00 265.94 562.3 Mullet, Peter 300.00 265.94 246.00 265.94 562.4 Mullet, Whitney 300.00 265.94 246.00 265.94 563.0 Murray, Vera L 17,590.88 15,593.95 14,424.52 15,593.95 102.8 Nabholz, Nicholas 1,225.00 1,085.94 1,004.50 1,085.94 566.1 Nafziger, Joel S. 1,850.00 1,639.99 1,517.00 1,639.99 566.2 Nafziger, Katie 1,850.00 1,639.99 1,517.00 1,639.99 566.0 Nafziger, Sanford Sue 57,492.22 50,965.66 47,143.62 50,965.66 566.3 Nafziger, Sara 2,300.00 2,038.90 1,886.00 2,038.90 567.0 Nee, Aletha 600.00 531.89 492.00 531.89 964.0 Neely, Adrien 100.00 88.65 82.00 88.65 883.0 Nelson, Jon E Pat 219,126.53 194,251.12 179,683.75 194,251.12 570.0 Nelson, Vemelle 9,000.00 7,978.31 7,380.00 7,978.31 980.0 Norvell, Todd or Debra 2,500.00 2,216.20 2,050.00 2,216.20 576.0 Olson, Dennis Eleanor 34,898.47 30,936.77 28,616.75 30,936.77 577.0 Olson, Don Lois 894.60 793.04 733.57 793.04 863.0 Olson, Kayla 625.00 554.05 512.50 554.05 863.1 Olson, Keith 325.00 288.11 266.50 288.11 954.0 Olson, Winston 14,988.00 13,286.55 12,290.16 13,286.55 965.0 Ottaviani, Tim Lulu 12,000.00 10,637.75 9,840.00 10,637.75 895.0 Padavic, Irene 5,000.00 4,432.40 4,100.00 4,432.40 930.0 Palmer, Celia 55,000.00 48,756.36 45,100.00 48,756.36 584.0 Palmer, Gerald 68,720.00 60,918.85 56,350.40 60,918.85 593.0 Pepek, Fred Nancy 934.60 828.50 766.37 828.50 600.0 Phillips, Joan A. 14,800.00 13,119.89 12,136.00 13,119.89 982.0 Porter, Richard Denise 7,500.00 6,648.59 6,150.00 6,648.59 890.0 Protsman, Sun Im 30,000.00 26,594.38 24,600.00 26,594.38 955.0 Quezada, Sixto Maria 600.00 531.89 492.00 531.89 6.1 Ranew, Jakob 750.00 664.86 615.00 664.86 615.0 Rapp, Brenda 11,244.09 9,967.65 9,220.15 9,967.65 617.0 Rayburn, Lucas 150.00 132.97 123.00 132.97 619.0 Rector, John Sue 2,300.00 2,038.90 1,886.00 2,038.90 990.0 Reece, Mark Enid 15,000.00 13,297.19 12,300.00 13,297.19 620.0 Rees, Ron Kay 65,906.88 58,425.08 54,043.64 58,425.08 960.0 Reinertsen, Peter Ellen 2,500.00 2,216.20 2,050.00 2,216.20 623.0 Richardson, Alan Karen 240.00 212.76 196.80 212.76 625.0 Roach, Gene 4,300.00 3,811.86 3,526.00 3,811.86 865.0 Robbins, Brent Martha 23,600.00 20,920.91 19,352.00 20,920.91 628.0 Rogers, W.F. Shirley 56,000.00 49,642.84 45,920.00 49,642.84 631.1 Romig, Jonathan 2,000.00 1,772.96 1,640.00 1,772.96 631.2 Romig, Matthew 1,000.00 886.48 820.00 886.48 631.3 Romig, Nathaniel 2,000.00 1,772.96 1,640.00 1,772.96 631.0 Romig, Paul Ellen 10,100.00 8,953.44 8,282.00 8,953.44 633.0 Rosenow, Richard Patricia 16,975.00 15,047.99 13,919.50 15,047.99 636.0 Row, James Dolores 23,105.05 20,482.15 18,946.14 20,482.15 638.0 Row, Lewis Joy 5,235.00 4,640.72 4,292.70 4,640.72 866.0 Rowe, Dana 1,000.00 886.48 820.00 886.48 639.0 Rowell, Walter Edith 9,490.00 8,412.69 7,781.80 8,412.69 886.0 Rust, Anna 189,513.67 167,999.93 155,401.21 167,999.93 841.0 Sanders, Tom Nancy 19,976.00 17,708.31 16,380.32 17,708.31 649.0 Sannan, H. Peter 6,067.13 5,378.38 4,975.05 5,378.38 653.0 Schilling, Ed Lanell 36,540.00 32,391.95 29,962.80 32,391.95 660.1 Schoffmann, Abigail 7,160.00 6,347.19 5,871.20 6,347.19 660.2 Schoffmann, Miriam 2,150.00 1,905.93 1,763.00 1,905.93 661.0 Schunter, Naydene 43,799.29 38,827.16 35,915.42 38,827.16 662.0 Sebesta, Greg Trish 6,000.00 5,318.88 4,920.00 5,318.88 662.1 Sebesta, Kelly 2,300.00 2,038.90 1,886.00 2,038.90 662.2 Sebesta, Rachel 2,300.00 2,038.90 1,886.00 2,038.90 664.0 Sellars, Don Laurie 9,799.67 8,687.20 8,035.73 8,687.20 926.0 Semchenko, Joyce 23,000.00 20,389.02 18,860.00 20,389.02 665.0 Shanklin, Myra 988.00 875.84 810.16 875.84 670.1 Shirley Trust, Mamon 33,098.42 29,341.06 27,140.70 29,341.06 670.0 Shirley, Mamon 3,080.00 2,730.36 2,525.60 2,730.36 111.1 Simpson, Audra 12,275.00 10,881.53 10,065.50 10,881.53 919.0 Sinclair, Michael Gail 37,000.00 32,799.73 30,340.00 32,799.73 683.0 Slingo, Carol 41,000.00 36,345.65 33,620.00 36,345.65 978.0 Smilanic, Steven Penny 1,000.00 886.48 820.00 886.48 686.0 Smith, Carolyn 39,932.25 35,399.11 32,744.45 35,399.11 689.0 Smith, David L. Donna 66,425.00 58,884.38 54,468.50 58,884.38 706.0 Speirs, Randall Anna 10,576.00 9,375.40 8,672.32 9,375.40 989.0 Spence (Ludvicek), Ghislaine 16,211.00 14,370.71 13,293.02 14,370.71 711.0 Steele Family Living Trust 39,480.49 34,998.63 32,374.00 34,998.63 712.0 Steele, John Darley 120.00 106.38 98.40 106.38 953.0 Steen, Esther M. 10,000.00 8,864.79 8,200.00 8,864.79 713.0 Steere, Anthony Leigh Ann 51,080.69 45,281.97 41,886.17 45,281.97 718.0 Stime, Timothy 180.00 159.57 147.60 159.57 912.0 Stolper, Bob Kathy 25,700.00 22,782.52 21,074.00 22,782.52 720.0 Straarup, Al Janice 25,000.00 22,161.98 20,500.00 22,161.98 723.0 Straney, Donal Sally 2,205.77 1,955.37 1,808.73 1,955.37 724.0 Straney, Lory C. 100.00 88.65 82.00 88.65 723.1 Straney, Sally (Inheritance) 19,851.93 17,598.32 16,278.58 17,598.32 887.0 Strege, Joshua N. 120.00 106.38 98.40 106.38 725.0 Strege, Micah 120.00 106.38 98.40 106.38 726.0 Strickfaden, Jeff Carla 333,488.00 295,630.19 273,460.16 295,630.19 830.0 Stuart, Reta 64,316.32 57,015.08 52,739.38 57,015.08 730.0 Sullivan, James Louella 116,550.50 103,319.60 95,571.41 103,319.60 945.0 Sundby, Jr, Gordon E. Marilyn F. 30,000.00 26,594.38 24,600.00 26,594.38 853.1 Swift, Jennifer 5,249.27 4,653.37 4,304.40 4,653.37 853.0 Swift, Russell Martha 4,246.20 3,764.17 3,481.88 3,764.17 853.2 Swift, Sarah 5,245.48 4,650.01 4,301.29 4,650.01 81.0 The Kent S. Betty D. Brownlow Family Trust 13,708.83 12,152.59 11,241.24 12,152.59 490.0 The Licata Trust 17,100.88 15,159.58 14,022.72 15,159.58 411.0 The Robert E Anita Joan Jensen Family Trust 59,046.68 52,343.66 48,418.28 52,343.66 1002.0 Thompson Family Trust, UA 7-8-1986, James H. Anna R. 125,000.00 110,809.91 102,500.00 110,809.91 845.0 Thut, Myrtis 1,000.00 886.48 820.00 886.48 29.0 Tinkle, Robyn 60,000.00 53,188.75 49,200.00 53,188.75 981.0 Trippe, C. Vinson Anne C. 5,100.00 4,521.04 4,182.00 4,521.04 749.0 Troyer, Dean Clytice 8,660.00 7,676.91 7,101.20 7,676.91 750.1 Trujillo, Erin 200.00 177.30 164.00 177.30 750.2 Trujillo, Josiah 200.00 177.30 164.00 177.30 754.0 Uchida, Melvyn Mary Louise 18,183.23 16,119.06 14,910.25 16,119.06 756.1 Van Hal, Marie 63,025.00 55,870.35 51,680.50 55,870.35 756.2 Van Hal, Mary P. 6,850.00 6,072.38 5,617.00 6,072.38 756.3 Van Hal, Matthew 55,512.88 49,211.02 45,520.56 49,211.02 939.0 Van Hal, Michael 49,425.28 43,814.48 40,528.73 43,814.48 871.0 Van Hal, Michele 40,742.75 36,117.60 33,409.06 36,117.60 759.0 Van Tress, Eugene Jr Joyce 36,500.00 32,356.49 29,930.00 32,356.49 766.0 Visser, Evan Jill 4,128.59 3,659.91 3,385.44 3,659.91 767.0 Visser, Jeff Cathy 1,275.00 1,130.26 1,045.50 1,130.26 819.0 Voelker, Ted Lisa 952.00 843.93 780.64 843.93 769.2 Wagner (ICRU Trust), Gary 90,626.68 80,338.67 74,313.88 80,338.67 769.0 Wagner Trust #10470, Gary 50,000.00 44,323.96 41,000.00 44,323.96 769.1 Wagner, Garrett 2,700.00 2,393.49 2,214.00 2,393.49 769.3 Wagner, Logan 2,000.00 1,772.96 1,640.00 1,772.96 993.0 Walker, Roland Jean 35,000.00 31,026.77 28,700.00 31,026.77 948.0 Watkins, Grace 30,000.00 26,594.38 24,600.00 26,594.38 209.0 Watkins, Rachel 14,650.00 12,986.92 12,013.00 12,986.92 906.0 Weeks, Bethany 4,469.86 3,962.44 3,665.29 3,962.44 889.0 Weeks, Dwight Joan 12,557.31 11,131.79 10,296.99 11,131.79 988.0 Weeks, Jared 525.00 465.40 430.50 465.40 899.0 Weeks-Fischer, Danielle 2,185.14 1,937.08 1,791.81 1,937.08 777.0 Wegner, Ruby 39,398.50 34,925.95 32,306.77 34,925.95 779.0 Weidner, Arthur Dianne 55,640.00 49,323.70 45,624.80 49,323.70 780.0 Weimer, Vernon Susan 5,242.42 4,647.30 4,298.78 4,647.30 973.0 Wheaton, Tom Angela 5,775.00 5,119.42 4,735.50 5,119.42 786.0 Whitson, Mildred M. 2,087.53 1,850.55 1,711.77 1,850.55 797.0 Wolfe, Bruce Rosemary 53,860.00 47,745.77 44,165.20 47,745.77 797.1 Wolfe, Sompour 100.00 88,65 82.00 88.65 80.1 World Harvest Now 441,826.05 391,669.62 362,297.36 391,669.62 800.0 Wright, Barbara A. 11,008.85 9,759.12 9,027.26 9,759.12 802.0 Wright, Dick Vera 575.00 509.73 471.50 509.73 967.0 Wright, Eugene C. Lois A. 3,200.00 2,836.73 2,624.00 2,836.73 974.1 Wyatt Rev. Liv. Tr. 1/14/99 275,000.00 243,781.79 225,500.00 243,781.79 803.0 Wynn, Nancy 12,541.63 11,117.89 10,284.14 11,117.89 804.0 York, E. Janice 203.64 180.52 166.98 180.52 929.0 Zal, Aimai 36,431.80 32,296.03 29,874.08 32,296.03 808.0 Zeinstra, Stan Millie 50,000.00 44,323.96 41,000.00 44,323.96 670.2 Zellers, Stephanie 5,000.00 4,432.40 4,100.00 4,432.40 907.0 Zimmerman, Arthur Debra Totals (1) — Mailed to all Claimants in April 2006. (2) — Due to rounding, slightly different than the aggregate of the proposed Final Distribution.