1. 2 balance revenue and spending impact and visibility organizational development support core...

LWVUS and LWVUS and LWVEFLWVEF

Proposed Proposed BudgetsBudgets

July 1, 2011 - June 30, July 1, 2011 - June 30, 20122012

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The Budget The Budget ProcessProcess

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GoalsGoalsBalance revenue and spendingBalance revenue and spending

Impact and visibilityImpact and visibility

Organizational developmentOrganizational development

Support core functionsSupport core functions

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Operating Budget

GrantsInvested Reserves

Program Fund

Leadership Fund

LWVUS and LWVEF LWVUS and LWVEF Combined IncomeCombined Income

FY 2011-12 Budget FY 2011-12 Budget (Total = $6,577,199)(Total = $6,577,199)

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LWVUS and LWVEF LWVUS and LWVEF Combined IncomeCombined Income

FY 2011-12 Budget FY 2011-12 Budget (Total = $6,577,199)(Total = $6,577,199)

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LWVUS and LWVEF LWVUS and LWVEF Expenses by Function Expenses by Function

FY 2011-12 Budget FY 2011-12 Budget (Total = $6,577,199)(Total = $6,577,199)

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Support for Core Support for Core FunctionsFunctionsElections and e-DemocracyElections and e-Democracy

AdvocacyAdvocacyMember ServicesMember Services

Website and Public OutreachWebsite and Public OutreachFundraisingFundraising

Management and AdministrationManagement and Administration8

Ongoing Ongoing ActivitiesActivitiesStudy of the Federal Role in EducationStudy of the Federal Role in EducationStudy of PrivatizationStudy of Privatization

Leader Development and RecruitmentLeader Development and Recruitment

New National WebsiteNew National Website

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Ongoing Ongoing ActivitiesActivitiesStudy of the Federal Role in EducationStudy of the Federal Role in Education

Study of PrivatizationStudy of PrivatizationLeader Development and RecruitmentLeader Development and Recruitment

New National WebsiteNew National Website

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Ongoing Ongoing ActivitiesActivitiesStudy of the Federal Role in EducationStudy of the Federal Role in EducationStudy of PrivatizationStudy of Privatization

Leader Development and RecruitmentLeader Development and RecruitmentNew National WebsiteNew National Website

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Ongoing Ongoing ActivitiesActivitiesStudy of the Federal Role in EducationStudy of the Federal Role in EducationStudy of PrivatizationStudy of Privatization

Leader Development and RecruitmentLeader Development and Recruitment

New National WebsiteNew National Website

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New Institutional New Institutional InvestmentsInvestments

Dues Renewal Pilot ProjectDues Renewal Pilot Project

Major Donor DevelopmentMajor Donor Development

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Dues Renewal Dues Renewal Pilot ProjectPilot ProjectTo Streamline the Renewal ProcessTo Streamline the Renewal Process

Pilot Program in Several StatesPilot Program in Several States$23,000 for Database Programming$23,000 for Database Programming

and Production Costsand Production Costs

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Major Donor Major Donor DevelopmentDevelopment$126,000 for a Major Gifts Officer$126,000 for a Major Gifts Officer

and Traveland Travel

To Identify and Cultivate Major GiftsTo Identify and Cultivate Major Gifts

Investment Using Unrestricted ReservesInvestment Using Unrestricted Reserves

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Transfers from Transfers from ReservesReserves$171,500 for Institutional Investments$171,500 for Institutional Investments

$146,357 for operating expenses$146,357 for operating expenses(5% of 3-Year Average Value of (5% of 3-Year Average Value of

Unrestricted Reserves)Unrestricted Reserves)

In Accordance with In Accordance with Board Investment PolicyBoard Investment Policy

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Budget Budget CommitteeCommitteeSandy Powell, ChairSandy Powell, Chair

Pat DonathPat DonathAnn LutherAnn Luther

Sally SawyerSally SawyerSusan M. WilsonSusan M. Wilson

Elisabeth MacNamara(Elisabeth MacNamara(ex officio)ex officio)

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Questions Questions for for

ClarificationClarification18