Sources
and Uses of Funds
The funding
requirements for the Trust are found in the expense side of the organization's
five-year budget. This budget reflects
the program priorities established in the planning process. Budget figures for the first year have been
defined in great detail and accurately reflect the true costs of implementing
the program activities within each function.
Future years’ budgets estimate expenses using across-the-board increases
rather than specific program functional budgets. The overall goal for fundraising is to raise
sufficient money to cover the expense in each functional area of the budget
over a five-year period.
|
|
2002 |
2003 |
2004 |
2005 |
2006 |
|||||
|
|
Amount |
Percent |
Amount |
Percent |
Amount |
Percent |
Amount |
Percent |
Amount |
Percent |
|
REVENUE |
|
|
|
|
|
|
|
|
|
|
|
Annual
Giving |
83,528
|
13% |
107,314
|
15% |
120,495
|
17% |
151,548
|
20% |
162,372
|
20% |
|
Major
Donors |
200,000
|
30% |
275,000
|
40% |
367,000
|
51% |
400,000
|
53% |
450,000
|
56% |
|
Grants |
225,000
|
34% |
221,500
|
32% |
146,500
|
20% |
121,500
|
16% |
121,500
|
15% |
|
Fees
and Income |
8,400
|
1% |
11,050
|
2% |
16,103
|
2% |
16,158
|
2% |
16,216
|
2% |
|
Interest |
17,226
|
3% |
20,434
|
3% |
24,013
|
3% |
26,525
|
4% |
30,536
|
4% |
|
Reserve
draw down |
131,717
|
20% |
59,312
|
9% |
50,461
|
7% |
41,867
|
6% |
21,865
|
3% |
|
TOTAL
REVENUE |
665,871
|
100% |
694,610
|
100% |
724,571
|
100% |
757,598
|
100% |
802,490
|
100% |
|
|
|
|
|
|
|
|
|
|
|
|
|
EXPENSE |
|
|
|
|
|
|
|
|
|
|
|
Administration |
165,816
|
25% |
160,505
|
23% |
162,082
|
22% |
168,510
|
22% |
182,811
|
23% |
|
Fundraising |
206,648
|
31% |
220,528
|
32% |
232,102
|
32% |
245,697
|
32% |
258,052
|
32% |
|
Public
Outreach |
111,745
|
17% |
118,296
|
17% |
123,945
|
17% |
129,870
|
17% |
136,085
|
17% |
|
Operating
Acquisition |
127,245
|
19% |
134,787
|
19% |
141,202
|
19% |
147,928
|
20% |
154,983
|
19% |
|
Stewardship |
54,417
|
8% |
60,494
|
9% |
65,240
|
9% |
65,593
|
9% |
70,559
|
9% |
|
Reserves |
|
|
|
|
|
|
|
|
|
|
|
TOTAL
EXPENSES |
665,871
|
100% |
694,610
|
100% |
724,571
|
100% |
757,598
|
100% |
802,490
|
100% |
The expense areas listed above will be covered by a
variety of revenue sources. A few of the
expense areas will get all of the funding from a single revenue source, but
most will combine several streams of revenue to cover the expenses of that
program. The appropriate revenues for
each program depend on such issues as donor restriction, donor appeal,
foundation priorities, existing fundraising strengths and weaknesses, etc. The table below takes the functional expense
areas in the previous chart and assigns revenue to them.
|
|
2002 |
2003 |
2004 |
2005 |
2006 |
|||||
|
|
Amount |
Percent |
Amount |
Percent |
Amount |
Percent |
Amount |
Percent |
Amount |
Percent |
|
Non-Capital Acquisition
(Operating Acquisition) |
|
|
|
|
|
|
|
|||
|
Annual Giving |
|
0% |
|
0% |
|
0% |
|
0% |
|
0% |
|
Major Donors |
16,543 |
13% |
36,605 |
27% |
56,629 |
40% |
87,928 |
59% |
94,983 |
61% |
|
Grants |
110,702 |
87% |
98,182 |
73% |
84,573 |
60% |
60,000 |
41% |
60,000 |
39% |
|
Fees and Income |
|
0% |
|
0% |
|
0% |
|
0% |
|
0% |
|
Interest |
|
0% |
|
0% |
|
0% |
|
0% |
|
0% |
|
Reserve Draw-down |
|
0% |
|
0% |
|
0% |
|
0% |
|
0% |
|
Total Acquisition |
127,245 |
100% |
134,787 |
100% |
141,202 |
100% |
147,928 |
100% |
154,983 |
100% |
|
|
|
|
|
|
|
|
|
|
|
|
|
Stewardship |
|
|
|
|
|
|
|
|
|
|
|
Annual Giving |
|
0% |
|
0% |
|
0% |
|
0% |
|
0% |
|
Major Donors |
54,417 |
100% |
47,974 |
79% |
65,240 |
100% |
34,093 |
52% |
39,059 |
55% |
|
Grants |
|
0% |
12,520 |
21% |
|
0% |
31,500 |
48% |
31,500 |
45% |
|
Fees and Income |
|
0% |
|
0% |
|
0% |
|
0% |
|
0% |
|
Interest |
|
0% |
|
0% |
|
0% |
|
0% |
|
0% |
|
Reserve Draw-down |
|
0% |
|
0% |
|
0% |
|
0% |
|
0% |
|
Total Stewardship |
54,417 |
100% |
60,494 |
121% |
65,250 |
100% |
65,593 |
148% |
70,559 |
100% |
|
|
|
|
|
|
|
|
|
|
|
|
|
Public Outreach |
|
|
|
|
|
|
|
|
|
|
|
Annual Giving |
|
0% |
|
0% |
|
0% |
|
0% |
|
0% |
|
Major Donors |
69,020 |
62% |
69,359 |
59% |
103,728 |
84% |
99,870 |
77% |
106,085 |
78% |
|
Fees and Income |
|
0% |
|
0% |
|
0% |
|
0% |
|
0% |
|
Interest |
|
0% |
|
0% |
|
0% |
|
0% |
|
0% |
|
Reserve Draw-down |
|
0% |
|
0% |
|
0% |
|
0% |
|
0% |
Total Public Outreach
|
111,745 |
100% |
118,296 |
100% |
123,945 |
100% |
129,870 |
100% |
136,085 |
100% |
|
|
|
|
|
|
|
|
|
|
|
|
|
Fundraising |
|
|
|
|
|
|
|
|
|
|
|
Annual Giving |
|
0% |
|
0% |
|
0% |
25,721 |
10% |
26,314 |
10% |
|
Major Donors |
60,020 |
29% |
121,062 |
55% |
141,403 |
61% |
178,109 |
72% |
209,873 |
81% |
|
Fees and Income |
|
0% |
|
0% |
|
0% |
|
0% |
|
0% |
|
Interest |
|
0% |
|
0% |
|
0% |
|
0% |
|
0% |
|
Reserve Draw-down |
75,055 |
36% |
37,605 |
17% |
48,989 |
21% |
41,867 |
17% |
21,865 |
8% |
|
Total Fundraising |
206,648 |
100% |
220,528 |
128% |
232,102 |
100% |
245,697 |
100% |
258,052 |
100% |
|
|
|
|
|
|
|
|
|
|
|
|
Administration
|
|
|
|
|
|
|
|
|
|
|
|
Annual Giving |
83,528 |
50% |
107,314 |
67% |
120,495 |
74% |
125,828 |
75% |
136,059 |
74% |
|
Major Donors |
|
0% |
|
0% |
|
0% |
|
0% |
|
0% |
|
Fees and Income |
8,400 |
5% |
11,050 |
7% |
16,103 |
10% |
16,158 |
10% |
16,216 |
9% |
|
Interest |
17,226 |
10% |
20,434 |
13% |
24,013 |
15% |
26,525 |
16% |
30,536 |
17% |
|
Reserve Draw-down |
56,662 |
34% |
21,707 |
14% |
1,472 |
1% |
|
0% |
|
0% |
|
Total Administration |
165,816 |
100% |
160,505 |
100% |
162,082 |
100% |
168,510 |
100% |
182,811 |
100% |