| Goals |
Strategies
for Implementation |
Implement |
Resources
Necessary for Implementation |
| Identify financial
goals for the Society |
Study strategic
plan, consult with all Committees, work with Long
Range Planning Committee, and recommend 5-year
financial goals. |
Annually
Report to Fall Council |
Committee members |
| |
Study future
revenue sources, i.e. endowments, bequests, and
grants. |
Annually
Report to Spring Council |
Committee members |
| Increase philanthropic
revenue |
Study, recommend,
and implement a volunteer-staffed plan to solicit
revenues via endowments, bequests, grants, and
member donations to student scholarships. |
Annually
Report to Spring Council |
Committee members |
| Develop Society's
annual budget |
Propose Society's
budget for new fiscal year (beginning January 1
of the coming year.) |
Annually Report
to Fall Council |
Committee,
Chair, Executive Director, accounting staff |
| Understand
Society's major financial commitments Review major
contracts between Society and outside parties (e.g.
contracts for business management, meeting management,
and Executive Director services). |
Provide recommendations
on new contracts to Board of Directors 6-18 months
prior to term dates of current ontracts. |
Review after
each new contract is signed and when new committee
members are appointed; recommend 6-18 months prior
to contract term date |
Committee Members |
