Finance Focus Group Strategic Plan Progress - September 2013 Objectives
Strategies
Progress Comments
Increase the annual Friends of Scouting Campaign by 6% annually through 2016.
Have hired full staff in Development Department to address needs.
Increase the annual contributions from local foundations including the Staff member added to identify new grant opportunities. Expect to submit a great number of proposals in LFC Trust. 2014 than previously.
Objective 1: The minimum level of reserve operating capital is $500,000 as of December 31 annually. Decisions are first made on the best mission and program impact, not because of available funding.
Using 2011 giving levels as a baseline, maintain all giving levels from United Way giving increased in 2013. Working with United Way partners to upgrade outcome and measureUnited Ways and seek additional methods to increase those levels. ment processes. Maintain fiscal discipline through an active Budget Committee, Audit Committee and thorough budget controls overseen by the Executive Processes are in place at the district level to develop and execute budgets to achieve this goal. Committee and management staff. Ensure that council and district-level activities are revenue neutral with all costs being considered including overhead and administrative Each unit is given an opportunity to participate in annual popcorn sale and the camp card sale. support. Help units through product sales that focus on funding a high-quality program for youth and that also minimizes a joining barrier of cost.
Two annual special events: Sporting Clays and Gathering of Eagles are moving into their 3rd year, both adding to net funds of the budget.
Increase fund raising from non-traditional contributors through council Event fund raising down in 2013. Event planning processes operating well in advance in 2014 to drive fundlevel special events such as the Sporting Clays Tournament, Gatherraising goals. Character Counts will be rebranded to Distinguished Citizen in 2014. ing of Eagles, Distinguished Citizen Dinner, etc. Educate the Scouting family on how Scouting is financed, and how increased funding helps improve program quality and the accomplish- Part of FOS, however needs to be carried over into marketing and on the district level. ment of the organization’s mission. Form a committee to evaluate capital needs and goals for next 10 years.
Objective 2: 2007 capital construction is complete An exploratory committee is actively planning the next capital camand the planning is under- paign. way for the next campaign.
Not started.
Not Started. (Awaiting completion of 2007 capital campaign.)
The capital fund has a balance of $500,000 to launch the next campaign.
Objective 3: Maintain the Last Frontier Council Trust Board with trustees who ensure the trust’s integrity and governance.
Increase endowment from $3 million to $8 million in next ten years through education, promotion and solicitation.
Total endowment for LFC is currently at $6 million, $4 million specifically allocated to operating income. Marketing planned giving to our donors and volunteers has begun.
Include the annual Trust Board appointments as a part of the Council Completed 2012. Nominating Committee.