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About Charting A Course To Financial Sustainability: Annual Report
The document outlines the financial challenges facing Temple Beth Am and the steps taken to chart a course toward long-term sustainability. Due to a combination of events over time, including expanding facilities and necessary repairs, expenses have exceeded revenues, threatening Temple Beth Am's future. A group of board members developed sophisticated financial models showing that without changes, the Temple would run out of cash by 2015. The board recognized the need to address dues, expenses, and fundraising. Steps taken include building a robust annual giving program, controlling expenses through an $80,000 budget cut, and implementing a new sustainable dues policy to address the gap between dues collected and actual costs of running the Temple.
Detailed Information
| Author: | ['Jenna Meisner'] |
|---|---|
| Publication Year: | 2012 |
| Pages: | 20 |
| Language: | English |
| Format: | |
| Price: | FREE |
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