Strategic Plan 2018-2020

Key Initiative 3: Financial Stability

Culture of Philanthropy Under the guidance of the 2016-2018 Strategic Plan, the agency successfully addressed many issues regarding financial stability. This gave us the opportunity to create a cash reserve fund that led to se- curing significant pass-through funding from Big Brothers Big Sisters of America. Moving forward, we plan to continue working towards financial stability through an agency-wide culture of philanthropy. As an organization, we are shifting focus from “meeting the budget” to “funding our matches. ” The outcome of our financial stability is that we can support as many long-lasting mentoring relationships as possible. Raising consistent funds is a reflection of our ability to provide solid, sustainable mento- ring relationships to children facing adversity in Southwest Virginia. Our donors and supporters are partners with us in funding matches that make an impact in the community. Our goal over the next 3 years is to consistently fund the matches represented by the budgets below.

Revenue Foundations/Grants Individual Giving Events and Campaigns Total Expenses Personnel Program Services Resource Development General and Admin Total

2018 $454,460 $197,910 $80,630 $733,000 2018 $501,000 $107390 $36,650 $87,960 $733,000

2019 $471,200 $205,200 $83,600 $760,000 2019 $515,500 $115,300 $38,000 $91,200 $760,000

2020 $515,034 $224,289 $91,377 $830,700 2020 $576,500 $112,981 $41,535 $99,684 $830,700