Documents/BSA2011/2: RESOURCES & FINANCES/II.I: Financial Security

II.I: Financial Security

The BSA is financially secure at all levels due to robust and sustainable funding models that address the current and future needs of all operating, capital, and endowment funds.

Other Information:

Specific Goals: 1. The National Council and each local council are financially stable with balanced budgets, appropriate cost structures, and additional funding models. [December 2015] 2. Each local council has completed a business plan performance assessment using the national guidelines for council business plan performance as one important metric. [June 2012] 3. We have developed operating performance guidelines, along with "boots on the ground" support, to help council and area management develop and evaluate council business plan performance from a local, market-driven perspective. [September 2011] 4. We have developed and rolled out a new five-year major gifts emphasis (including endowment) that includes trained staff and vice presidents of major giving at both the council and area levels. [June 2011] 5. All councils have participated in a self-assessment to evaluate their current business models. The self-assessment includes conversations with neighboring councils about financial strength and potential boundary realignments, mergers, and/or sharing services. [December 2013]

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