Budget ReportFebruary 28, 2009

Blessed Junipero Serra Regional Fraternity

Understanding Fair ShareRegarding expenses necessary for the life of the fraternity...all brothers and sisters should offer a contribution according to their means. Local fraternities should contribute toward the expenses of the higher fraternity councils. SFO Rule - Article 25

The brothers and sisters are co-responsible for the life of the fraternity to which they belong and for the SFO as the organic union of all fraternities throughout the world. SFO Constitution - Article 30.1

• “Not equal giving, but equal sacrifice.”

Background InformationCommon Fund - Monetary contributions made by individuals, based on means, to their fraternity. The money is used to pay the fair share to the regional fraternity and to finance the activities of the local fraternity.

El fondo común - las contribuciones monetarias dados por individuos, basados en proporción a las posibilidades de cada uno, a su fraternidad. se usa el dinero para pagar la porción justa a la fraternidad regional y para las actividades de la fraternidad local.

Fair Share - An assessed monetary contribution made to the regional fraternity by each local fraternity, based on a particular amount being paid for each active and excused member of that fraternity.

La porción justa - una contribución monetaria impuesta mandada a la fraternidad regional por cada fraternidad local, basada en una cantidad particular pagada por cada miembro activo y dispensado.

Active members - Those members that regularly attend meetings, and participate in fraternity life.

Excused Members - These are also considered as active members, but due to circumstances such as illness, job, family, limited mobility, etc. are unable to attend meetings and fully participate in fraternity life. With council approval, they maintain contact with the fraternity. they are expected to contribute to the common fund unless “excused” from doing so.

Miembros activos- Los miembros que se asisten regularmente a las reuniones y participan en la vida de la fraternidad.

Miembros dispensados- También se consideran activos pero debido a circunstancias como enfermidades, trabajo, familia, etc no se pueden asistir a las reuniones ni participar en la vida de la fraternidad. Con la aprobación del consejo, mantienen contacto con la fraternidad. Deben contribuir al fondo común sino que esten dispensado de hacerlo.

Status/Estado

The following are members that are not included in the fair share

assessmentNo estan incluidos en la porción justa

Lapsed, suspended, and withdrawn - Those members who no longer participate in fraternity life nor maintain contact with the fraternity.

Caídos, suspendidos y abandono voluntario - Estos miembros no participan en la vida de la fraternidad ni tienen contacto con la fraternidad.

Fair Share ContributionFlow Chart

Common FundLocal Fraternity

$5.00/month/person($60)

$41.50/person Fair Share

Regional Fraternity

$12.00/person Fair Share

National Fraternity (NAFRA)

$1.00/person Fair Share

International Fraternity (CIOFS)

31%

49%

18%2%

Fraternity Use

Regional Use

NAFRA

CIOFS

Fraternity Use

Regional Use

NAFRA CIOFS

Common Fund Contribution $18.50 $29.50 $11.00 $1.00

Common Fund Contribution$5.00/month ($60.00/year)

65%

25%

9% 1%

Fraternity Use

Regional Use

NAFRA

CIOFS

Fraternity Use

Regional Use

NAFRA CIOFS

Common Fund Contribution

$78.50 $29.50 $11.00 $1.00

Common Fund Contribution10.00/month ($120.00/year)

2006-08 Fair Share

$-

$5,000.00

$10,000.00

$15,000.00

$20,000.00

$25,000.00

$30,000.00

2006 FairShare

2007 FairShare

2008 FairShare

Budget

Actual

2006 Fair Share $16,500.00 $15,960.83

2007 Fair Share $27,183.00 $18,255.87

2008 Fair Share $25,316.00 $19,561.00

Budget ActualThe Trend

The Challenge•Collect

•2009 Fair Share

•from

•Each

•fraternity

2008 Budget Report

60%

5%

24%

4% 2% 5%

Fair Share

Visitation/Elections

In-kind Donations

Minister's Meeting

Formation

Other

Actual Income 2008

20%

27%

10%

20%

7%

5%11%

NAFRA Support

Ministers' Meeting

REC

Visitation/Elections/Outreach

Formation

officeExpenses/Publications

Other

Actual Expenses 2008

Revenue/Expense Reconciliation2008

Cash Income

In-Kind Donations

ExpenseNet Cash Income

(Expense)

FAN Donations $ 679 $ 610 $ 69

Fund Raising 3222 2551 671

Chapter / Annual Ministers Mtg: Facilities (mtg space, housing, meals)

1395 5153 (3758)

R.E.C. Mtgs, Visitations & Elections, Outreach visits, Other Meetings

1672 6572 10814 (2570)

Formation 503 796 2337 (1038)

Balance Sheet as of February 24, 2009

Budget Proposal2009

Budget Proposal 2009

2008 2008

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