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DocuSign Envelope ID:CCAB FAD D-DC42-494F-B573-EB427B62BCDO <br /> Please describe VOICES raises operating funds through dues, ticket sales, program ad <br /> efforts by your sales, fundraisers, donations from members and external donors, and <br /> organization to corporate and foundation sponsorships. VOICES also hosts social <br /> generate revenue. events for our larger donors (external and member) at least annually and <br /> provides complementary tickets to these supporters. External donations <br /> are solicited on the website and in every program, including information <br /> on legacy giving. <br /> Realizing that our members are our primary source of revenue, the <br /> Board initiated steps to re-create a culture of organizational ownership in <br /> 2018 and 2019. Social events (A Season Opening party and a Wrap Party <br /> in 2019) were well-received and helped to increase the culture of social <br /> ownership as well as fiscal responsibility. Membership increased over <br /> the 2019 season, in positive response to Stephen Futrell's style, <br /> musicianship, and diverse programming. Additional members increase <br /> revenue from dues, ticket sales, donations, and fundraisers. <br /> Members solicit advertisements from area merchants and corporations <br /> for publication in our program. This program is used for all our concerts, <br /> increasing the appeal for advertisers, and historically generates -10%of <br /> the operating funds. Chorus members undertake one major fundraiser in <br /> the Fall (pecan sales) which generated about $4,000 in income last year. <br /> A new Spring fundraiser was initiated in 2019. The GoFundMe campaign <br /> met its' goal of $5,000 and will be used again next year. <br /> A program to solicit corporate and foundation sponsorships was <br /> launched in the 2019 season and will be expanded in 2020. Members <br /> also have increased their employers' matching contributions by almost <br /> 300% in 2019. Additionally, Voices has been activated as a non-profit <br /> choice on both Amazon Smile and Giving Assistant rebate programs. <br /> While small in total amount now, donations from these sources should <br /> grow with member awareness. <br /> VOICES has been blessed to receive an endowment in honor of Joel J. <br /> and Eleanor Cely Carter, created by their children. It has steadily grown <br /> to a current balance of about $37,000. This fund exists specifically to <br /> showcase new composers or support commissions of new choral works. <br /> It can also be used to meet unexpected operating needs. FY2018 income <br /> figures also reflect a successful campaign to fund an endowment in <br /> honor the artistic legacy of our Director of 18 years, Sue Klausmeyer. <br /> This fund will eventually support unique instrumentalists, organists, <br /> soloists, and other enrichment needs. High-grade secure investment <br /> vehicles have been researched and selected, which will provide passive <br /> growth of the principle while future campaigns will actively grow these <br /> assets. <br /> NOTE FOR Only requests for program/project funds need to submit a <br /> PANELISTS program/project budget. Requests for operating funds should be <br /> evaluated using the organization's financial docs submitted under <br /> "Organization Information." <br /> Resumes of artists/administrators <br /> Futrell_Bio_with_pic_2018_0724.docx <br />