Budget Report February 28, 2009 Blessed Junipero Serra Regional Fraternity.

Presentación del tema: "Budget Report February 28, 2009 Blessed Junipero Serra Regional Fraternity."— Transcripción de la presentación:

1 Budget Report February 28, 2009 Blessed Junipero Serra Regional Fraternity

2 Understanding Fair Share Regarding expenses necessary for the life of the fraternity...all brothers and sisters should offer a contribution according to their means. Local fraternities should contribute toward the expenses of the higher fraternity councils. SFO Rule - Article 25 The brothers and sisters are co-responsible for the life of the fraternity to which they belong and for the SFO as the organic union of all fraternities throughout the world. SFO Constitution - Article 30.1 “Not equal giving, but equal sacrifice.”

3 Background Information Common Fund - Monetary contributions made by individuals, based on means, to their fraternity. The money is used to pay the fair share to the regional fraternity and to finance the activities of the local fraternity. El fondo común - las contribuciones monetarias dados por individuos, basados en proporción a las posibilidades de cada uno, a su fraternidad. se usa el dinero para pagar la porción justa a la fraternidad regional y para las actividades de la fraternidad local.

4 Fair Share - An assessed monetary contribution made to the regional fraternity by each local fraternity, based on a particular amount being paid for each active and excused member of that fraternity. La porción justa - una contribución monetaria impuesta mandada a la fraternidad regional por cada fraternidad local, basada en una cantidad particular pagada por cada miembro activo y dispensado.

5 Active members - Those members that regularly attend meetings, and participate in fraternity life. Excused Members - These are also considered as active members, but due to circumstances such as illness, job, family, limited mobility, etc. are unable to attend meetings and fully participate in fraternity life. With council approval, they maintain contact with the fraternity. they are expected to contribute to the common fund unless “excused” from doing so. Miembros activos- Los miembros que se asisten regularmente a las reuniones y participan en la vida de la fraternidad. Miembros dispensados- También se consideran activos pero debido a circunstancias como enfermidades, trabajo, familia, etc no se pueden asistir a las reuniones ni participar en la vida de la fraternidad. Con la aprobación del consejo, mantienen contacto con la fraternidad. Deben contribuir al fondo común sino que esten dispensado de hacerlo. Status/Estado

6 The following are members that are not included in the fair share assessment No estan incluidos en la porción justa Lapsed, suspended, and withdrawn - Those members who no longer participate in fraternity life nor maintain contact with the fraternity. Caídos, suspendidos y abandono voluntario - Estos miembros no participan en la vida de la fraternidad ni tienen contacto con la fraternidad.

7 Fair Share Contribution Flow Chart Common Fund Local Fraternity $5.00/month/person($60) $41.50/person Fair Share Regional Fraternity $12.00/person Fair Share National Fraternity (NAFRA) $1.00/person Fair Share International Fraternity (CIOFS)

8 Fraternity Use Regional UseNAFRACIOFS Common Fund Contribution $18.50$29.50$11.00$1.00 Common Fund Contribution $5.00/month ($60.00/year)

9 Fraternity Use Regional UseNAFRACIOFS Common Fund Contribution $78.50$29.50$11.00$1.00 Common Fund Contribution 10.00/month ($120.00/year)

10 2006 Fair Share$16,500.00$15,960.83 2007 Fair Share$27,183.00$18,255.87 2008 Fair Share$25,316.00$19,561.00 Budget Actual The Trend

11 The Challenge Collect 2009 Fair Share from Each fraternity

12 2008 Budget Report

13 Actual Income 2008

14 Actual Expenses 2008

15 Revenue/Expense Reconciliation 2008 Cash Income In-Kind Donations Expense Net Cash Income (Expense) FAN Donations$ 679$ 610$ 69 Fund Raising32222551 671 Chapter / Annual Ministers Mtg: Facilities (mtg space, housing, meals) 13955153(3758) R.E.C. Mtgs, Visitations & Elections, Outreach visits, Other Meetings 1672657210814(2570) Formation5037962337(1038)

16 Balance Sheet as of February 24, 2009

17 Budget Proposal 2009

18 2008

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20 Thank you for your patience