VOLUME 5 ISSUE 11A—NOVEMBER 1, 2012
A PLACE TO GIVE WEBSITE HELPS COUNCILS RAISE MONEY
As many of you know in the fall of 2011 an online giving site was launched by the Boy Scouts of America and the Office of Development. The site, A Place to Give, has helped raise more than $300,000 in support of Scouting activities. This easy-to-use website allows donors to support many different initiatives, and not surprisingly, the bulk of that support—77 percent—has been directed by donors to local councils. Read more.
PROPER CLASSIFICATION OF GRANTS
Many BSA local councils receive grants each year. Accounting for these grants is important. These grants may be classified as contributions or exchange transactions or both. The “Accounting Standards Codification (ASC) 958-605-55 provides guidance to distinguish contributions from exchange transactions.” Read more.
LOCAL COUNCIL ACCOUNTABLE PLAN POLICY TEMPLATE
In September 2012, the Finance Impact Department conducted the Accountable Plan Compliance webinar to explain the mechanics of “accountable” expense reimbursement and allowance plans. The recorded webinar and the accompanying policy are available on the Finance Impact Department website. Read more.
PLANNED GIVING WORKSHOP—FLORIDA SEA BASE
A significant number of our Scouting friends from across the country love to head to Florida to escape the winter back home. Why not invite them to join the Planned Giving Workshop at the Florida Sea Base, Feb. 25–27, 2013? Read more.
BSA ASSET MANAGEMENT UPDATE
How are your council’s investment returns? Currently, 36 local council affiliated partners representing $73.5 million in assets now use BSA Asset Management, LLC (BSAAM) as an investment manager. In the three months ended Sept. 30, 2012, the fund earned 4.56 percent. Read more.
GETTING THE MOST OUT OF EMAIL CAMPAIGNS
With more and more nonprofit organizations using electronic mode of communication—email fundraising campaigns, newsletters, etc.—ensuring that your messages standout from other nonprofit organizations is essential. So how can BSA local councils increase the probability that their messages are read by donors, friends, and volunteers? Read more.
ONLINE ENROLLMENT FOR COUNCIL ACCIDENT AND SICKNESS PLAN NOW AVAILABLE
Health Special Risk (HSR), the Boy Scouts of America’s accident and sickness insurance provider, will provide local councils the option of online enrollment in the Council Accident and Sickness Plan. This online service is available only for enrolling in the Council Accident and Sickness Plan. Councils must continue to use paper enrollment for all other plans, such as the Campers’ and Special Events Plan. Read more.
DEVELOPMENT AND FISCAL MANAGEMENT WEBINARS
With year-end fast approaching, signing up for one of the webinars specifically addressing the year-end close procedures is essential for ensuring an uneventful year-end close process. Whether is it fundraising or fiscal management, live or prerecorded, there is a webinar addressing your needs. Read more.
PREFERRED COUNCIL SERVICE PROVIDERS
Best Play Solutions
• Interstate Batteries
• Pecatonica River
• Pine Valley Foods
• Ramsey Popcorn
• Trail’s End
• Virginia Diner
• Haines Direct
• Spectrum Marketing Companies
Capstone Advancement Partners
• Hartsook Companies
• Kelley Marketing Group Inc.
Bell Fundraising Consultants
• Blackbaud Inc.
• Over the Edge
Woltz & Associates
• Easy Office