There will be a meeting about Alcor and cryonics in the San Francisco Bay Area, on July 12, 2009, at 4:00 pm. Exact location to be determined later. Please contact mark_galeck@pacbell.net for details and what dish to bring for the potluck.
As of April 30, 2009, the Alcor Patient Care Trust Fund has assets of
3.05 million dollars, invested as follows:
* The Patient Care Trust owns just over 75% of the shares in
Cryonics Properties, LLC, the limited liability company that owns the
Alcor building (all other shares are owned by Alcor members). These
shares (representing the Trust's equity in the Alcor building) are
valued at approximately $470,000 based on the original purchase price
of the building (they would be higher at current market value). The
Trust also owns the mortgage on the building, valued at about
$280,000. Alcor pays rent to Cryonics Properties, LLC. Since Alcor
does not occupy the entire building, there are additional tenants who
also pay rent, which provides some additional income for the Patient
Care Trust.
* Capital equipment (primarily dewars) and leasehold improvements
(capital improvements to the Patient Care Bay) valued at
approximately $610,000. These are carried on the books and subject to
depreciation, but are not assets that would be liquidated.
* A cash account in which income (other than investment account
income) is placed, expenses are disbursed, and money is transferred
to the investment account. On the above date it contained about
$200,000 but generally contains on the order of $100,000. In
addition, on the above date the Accounts Receivable totaled $70,000.
* An investment account held at the firm of Morgan Stanley,
containing about $1.42 million. Thus far, no withdrawals from this
account have ever been made.
The balance and investment summary of the Patient Care Trust Morgan
Stanley Investment Account is now being posted monthly on the Alcor
website. To read more, click here: http://www.alcor.org/AboutAlcor/patientcaretrustfund.html
Cryonics Meeting, New York, June 6th 2009, Saturday 2-5 pm
At Stonehurst, home of Peter Gouras M.D.
Riverdale, the Bronx
Topics to be considered:
1. Can local members be organized to aid in the cool-down and transport of a deceased member?
2. What is the best protocol for doing this?
3. Can we support a laboratory in NYC to study for cryopreservation of organs and the brain in particular?
For the address, directions and to RSVP please contact: pg10@columbia.edu
Alcor plans to start a series of regular training sessions that will be held at Alcor up to six times a year, beginning with three during the remainder of this year. The first of these free training weekends for first responders will be on the weekend of June 13th and 14th 2009 at the Alcor facility in Scottsdale Arizona. This training is open to anyone who would like participate for the two days. We only have room for fifteen people, so please RSVP early to Regina Pancake, Alcor's Readiness Coordinator, at Regina@alcor.org to hold your spot.
The Alcor transport team will still be traveling to perform training in regions where we have first responder teams in place already. However as the community of cryonicists near Alcor grows, it makes sense to have training sessions for our local population of members. Those who are interested may also travel to Scottsdale to attend these sessions if they wish.