1 / 8

Fiscal Year 2014 – 2015 Budget Estimates and Fund Development Update

Fiscal Year 2014 – 2015 Budget Estimates and Fund Development Update. W. Donald Hudson, GOMA Chair Cynthia Krum, GOMA Executive Director GOMC Council Meeting December 3, 2013. August 7, 2013 Fund Development Workshop Overview. Participation On-Site Participants and Contractors:

kinsey
Download Presentation

Fiscal Year 2014 – 2015 Budget Estimates and Fund Development Update

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Fiscal Year 2014 – 2015 Budget Estimates and Fund Development Update W. Donald Hudson, GOMA Chair Cynthia Krum, GOMA Executive Director GOMC Council Meeting December 3, 2013

  2. August 7, 2013 Fund Development Workshop Overview Participation On-Site Participants and Contractors: W. Donald Hudson; Lee Sochasky; Susan Russell- Robinson; Prassede Vella; Joan LeBlanc; Cynthia Krum; Juli Beth Hinds Teleconference Participants: Sophia Foley (Skype); Robert Capozi; Rebecca Newhall; Bruce Carlisle; J. Ruairdh Morrison; Jack Wiggin; Betsy Nicholson

  3. Work Session Purpose: Define Gulf of Maine Association’s (GOMA) relationship to Council for fund development purposes. Determine priorities for fund development contractor.

  4. GOMA Role Determined: To support the mission of and facilitate (or enable) implementation of programs in support of the Action Plan as adopted by the Gulf of Maine Council. Engage in independent fundraisingto develop funding for Council projects. Explore formal vs. de facto coordination with a government function, program or agency.

  5. Priorities for Fund Development Contractor: Assist in identifying and securing public and private funding (75%-80%) Consult on and Assist with Endowment Development and Ecosystem Designation (20%- 25%)

  6. Fund Development Update • The Keeley Group contract ended November 15, 2013. FY 14 efforts focused on Habitat Restoration • Additional Short-Term Grant Writing took place in Fall, 2013 • Held competitive bid process and selected new Fund Development Contractor (start date - December 2, 2013)

  7. Summary Based on prior Council recommendations and recommendations from August 7 Work Session: GOMA will have fund development oversight Council will prepare Action Plan, project ideas for funding (including prioritization) Council and GOMA will be involved with Messaging

  8. 2014-2015 Budget Estimate Considerations • Low budget estimate, primarily due to loss of Habitat Restoration Partnership grant • Importance of dues to cover core functions: Council Coordination Information Technology Fund Development • Recommend applying more of the available funds to the first 6 months of FY 15 for GOMA and Fund Development

More Related