Finance committee

Report of the Finance Committee, FOEC

June 6, 2012

Present: Virginia Aveni, Jeanette Evans, Ken Messinger-Rapport

The meeting began with Ken’s distribution of the 2011-2012 Annual Budget and discussion of revenue and expenditures of FOEC budget outside of Soil and Water Conservation Districts budget for the watershed. (Our activities and responsibilities under the Coordinator’s contribution would have to be considered in another session.)*

The Committee did not develop rules for its proceedings, but worked on consensus basis to create an agenda for the budget and future finances of FOEC.

We determined that budget goals should be developed to finance the goals of the Steering Committee – both short term and long term.

Though budget reports will continue to include funds that are received and distributed for the watershed coordinator, funds for FOEC operations and goals will be developed independently for our own goals. These may be within one budget would columns will continued to be maintained separately.*

The Finance Committee will look for and work aggressively to fund future goals through:

           1. Grants

2. Individual and corporate donations

3. Fund-raising activities including a major sponsored spring fundraiser

4. Continued reconsideration of member contributions – (much of FOEC budget is veiled by in-kind donations by members for ongoing activities).

A fundraising drive for individual donations will begin with target donations around the future FOEC goals which may include:

           1. FOEC operations

2. Scholarships

3. Capital targets, i.e., land preservation

4. Organizational center, etc.

Prioritization for expanded finances will be adopted by the Steering Committee and members through goals developed under future planning.

The next meeting of the Committee will be at Ken Rapport’s house at 3:00 p.m. on June 29. Included will be Claire P. and the new President and Vice President.

*Comments by editor (V. Aveni)

Coreopsis is a good native choice for gardens. The image comes from Ohio Prairie Nurseries.