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DocuSign Envelope ID: E271EC54- B954- 46F4- BCE3- 9FB02C9E1328 <br />Please describe <br />VOICES raises operating funds through dues, ad sales for our <br />efforts by your <br />program, fundraisers, small grants, interest from a small endowment, <br />organization to <br />member donations, and a small group of loyal external donors. <br />generate revenue. <br />Specifically, dues were raised in 2017 -18 for VOICES members; <br />CANTARI dues will be considered for increase this year. <br />Members solicit advertisements from area merchants and <br />corporations, especially those affiliated with VOICES, for publication <br />in our program. This program is used for all of our concerts, <br />increasing the appeal for advertisers, and generates $9,000+/ - <br />annually. The chorus members undertake one major fundraiser in the <br />Fall (pecan sales) which generates about $2,500 in income. A similar <br />additional fundraiser is being evaluated for the Spring of next year. <br />The Board initiated steps to re- create a culture of ownership among <br />members in 2017 to increase member donations and ticket sales. As <br />a result, a matching fund drive was highly successful in the Fall and <br />ticket sales increased for all concerts this year. We are also the <br />beneficiaries of several members and non - members who make <br />significant donations every year. <br />VOICES has been blessed to receive an endowment in honor of Joel <br />J. and Eleanor Cely Carter, created by their children. It has steadily <br />grown to a current balance of about $35,000. This fund exists <br />specifically to showcase new composers or support commissions of <br />new choral works. It can also be used to meet unexpected operating <br />needs. <br />The FY2018 YTD figures also reflect a highly successful campaign <br />launched in Spring, 2018 to fund an endowment in honor of our <br />retiring Director of 18 years, Sue T. Klausmeyer, DMA. Sue leaves a <br />significant record of championing diversity and excellence in <br />community choral performance, introducing new works and unique <br />instrumentalists to our community while maintaining a commitment <br />to classical and modern organ works. This endowment fund will <br />honor her legacy by providing annual income for unique <br />instrumentals, exceptional organists, vocal soloists, or commissions <br />of new compositions. Chorus members and external donors raised <br />almost $23,000 this April /May to honor Sue. These endowment funds <br />are reflected in the 2018 projected income. The Board will be seeking <br />matching funds from corporations and private foundations to <br />supplement this endowment in FY2019. <br />Resumes of artists /administrators <br />Shoko_Abe_resume.docx <br />Stephen_Futrell _ resume.docx <br />Board of Directors List <br />VOICES Board of Directors.docx <br />IRS Tax Exemption <br />