Documents/BSAS/3: Fiscal Soundness

3: Fiscal Soundness

Every Local Council Is Fiscally Sound

Other Information:

Program objectives have a greater chance of being met when councils have the resources to achieve them. In addition, having a strong financial foundation allows leadership to focus on long-term strategic plans that provide for the full realization of our covenant to the communities we serve. Every council must continuously position itself to raise sufficient funds to fulfill its mission, manage those funds effectively and efficiently, and ensure the council has incorporated a culture of good governance. The tactics to accomplishing these goals are to • Launch a financially sustainable council project (FSCP). • Conduct FSCP training with all area directors. • Develop a tracking tool for help with projecting councils’ year-end deficit/ surplus. • Incorporate financial planning into first-time Scout executive orientation. • Develop fund-raising software enhancing donor relationships management, Webbased fund-raising, and campaign management (with the Information Systems Division and the National BSA Foundation). • Conduct a new national training conference dedicated to fund-raising best methods. • Develop and conduct new workshops on budgeting and cash flow management. • Create a new recognition program aimed at all fund-raising resulting in increased net assets. • Launch a raising-more-money project for 16 test councils. • Complete fund-raising volunteer recruitment and donor solicitation. • Develop a new video on financing the unit. • Revise BSA capital campaign materials to reflect current methods; incorporate financial tools for better management of campaigns. • Develop and publish an executive board assessment tool. • Significantly increase the number of councils that achieve the National Endowment Achievement Award. • Increase the number of councils that use the regional endowment counsel to call on prospects and their advisers, and conduct seminars. • Increase the number of council staff and board members who receive training in endowment and major giving, with stateof- the-art training tools and methods. • Ensure that all councils receive revised BSA endowment campaign materials and resources and are trained in how to use them. • Create marketing plans based on BSA program outcomes that communicate Scouting’s return on investment.

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