SCORE PHILANTHROPIC FUNDING UPDATES(May 2008)

Funding Goal FY’08 - $750,000

Total Funds Raised in FY'08 (as of July 2008)- $950,000+

YTD Funded Initiatives

During FY’07 more than $1,020,000 was raised to support SCORE programs, projects, resources, chapters and capacity building.

• $225,000+ in special project funding - regional events, online resources, technology enhancements
• $175,000 in sponsorships to the SCORE national website for enhancements and additions
• $40,000 to support SCORE: Women - a new initiative to provide expanded and enhanced resources to women in business
• $50,000 in sponsorships for enhancements to the SCORE Volunteer Center
• $53,000 for specific corporate sponsorships of SCORE Leadership Conferences (District Director’s/Chapter ChairsConference)
• $325,000 in English and Spanish versions of the Business Basics Workbook for small business owners
• $31,000+ in designated gifts to more than 40 Chapters
• $130,000 in program resources/projects and capacity building programs at the SCORE national level
• $300,000+ in in-kind software from Intuit, Sage Software, Palo Alto Software and Microsoft for volunteers and chapters

Philanthropic support to SCORE in 2006-2007assisted our organization in:

Establishing national corporate alliance partnerships which brought increased the marketing of SCORE and provided outstanding resources to our clients like the

• Bank of America sponsored “Small Business Basics” red booklet in English AND Spanish
• H-P sponsored and powered “Technology for Your Business” section of the SCORE website and the 10 city tour of the HP/SCORE Disaster Preparedness Workshops
• Open from American Express “SCORE Speed Coaching” events in 5 regions and their sponsorship of the SCORE website to expand and enhance its resources
• VISA on-line client educational workbooks under development
• Sam’s Club sponsorship of the Volunteer Center enhancements
• Bank of America, Microsoft and Verio sponsorships of the client monthly newsletters, SCORE eNews and SCORE Expert Answers
  

Assisting chapters with enhancing or starting their fundraising efforts to have more resources to serve clients through peer learning conference calls on chapter fundraising topics and providing an updated “Chapter Fundraising Toolkit”

Developing the long-term security of SCORE by promoting and securing future expectancies totaling more than $2.0 million for SCORE’s endowment from more than 61 SCORE and non-SCORE volunteers who joined the Titley Society

Expand the culture of philanthropy within SCORE and outside of SCORE so that new revenue streams of philanthropy were started to help expand the services and resources to our clients.

Overview of fiscal year 2007 (10-1-2006 through 9-30-2007)

Total Income  $1,029,729 (increase of 87% over FY'06)

Total Capacity Building Expenses $ 264,534

Return on Investment $3.89/$1.00

% of funds dedicated to SCORE programs - 75%

% of funds dedicated to capacity building expenses - 25% ( a reduction of 44% from previous year)

Total funding of SCORE

programs and projects  

and chapters (already

granted or in -process)        $765,000

Total number of SCORE national donors            1193

Titley Society Membership 61

(volunteers who have named SCORE in their wills. life insurance, etc... - Expectancies totaling more than $2.0 million)