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VOLUME 5 ISSUE 7A―JULY 1, 2012

FMI COURSE ADDED TO TRAINING SCHEDULE
The Finance Impact Department has added another session of the Fiscal Management I (FMI) course to its training schedule. The course begins at 1 p.m. on Sunday, August 19, and concludes at 4 p.m. on Tuesday, August 21, prior to the Top Hands Conference at the JW Marriott Desert Ridge Resort in Phoenix, Arizona. Read more.

GIVING USA REPORT
The Giving USA report is now available on the Finance Impact website. Read the article “Turning Giving USA Into ‘Giving to My Organization’” by Pamela Barden in the June 21, 2012, issue of Fundraising Success. Read more.

BLACKBAUD 2 NEW FUNDRAISING TOOLS
Check out Blackbaud’s two new tools, the Gift Range Calculator and the Index of Giving. These tools are available on the FID website. Read more.

ACCOUNTING FOR PRODUCT SALES
Whether you allow units to keep commissions or produce checks to pay commissions, it is important to record product sales correctly. In either case, gross sales and commissions to units are reported on the financial statements. Read more.

BSAAM UPDATE
Twenty-eight local council affiliated partners representing $53.4 million in assets now use BSA Asset Management, LLC (BSAAM) as an investment manager. In the three months ended May 31, 2012, the fund earned -3.44 percent while the one-year return was -0.83 percent. Read more.

RELATIONSHIP BUILDING: LET’S HAVE LUNCH TOGETHER
The Finance Impact Department provides copies of the book Let’s Have Lunch Together by Marshall Howard to local councils’ staff and select volunteers participating in a Let’s Have Lunch Together webinar, staff conference, or board orientation. Read more.

LOCAL COUNCIL FUNDRAISING CAMPAIGNS
Do you need to brush up on your fundraising skills? Finance Impact is offering a three-day workshop for council development directors, council staff who have direct fundraising responsibilities, and Scout executives who are the primary managers of their council’s finance campaigns. The next course is September 11–13, 2012, at the National Council in Irving, Texas. Read more.

FOS BENCHMARKS
Congratulations on a successful 2012 campaign and a great victory celebration. Here are some of the things you should be doing now. Read more.

FINANCE IMPACT WEBINARS
Do you need to brush up on your accounting or fundraising skills? Sign up to participate in one of the webinars offered through Finance Impact. Read more.


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Woltz & Associates