piggy bank photo with money going in and on all sides At each YALSA Board meeting the Fiscal Officer, that’s me, facilitates a Board discussion about a topic related to the financial health and well-being of the association. Over the past several years the Fiscal Officer, the Executive Director, and the Board have worked to determine the types of fiscal discussions that will be most useful in this environment. We don’t want to simply go over the numbers included in the report – that can be done just as effectively in a non-face-to-face environment. What we do want to do is to have a fruitful discussion that can help in long-range planning for the ongoing fiscal health of the association. At the 2016 Annual Conference in Orlando the focus of the fiscal discussion is on planned giving.

In the Annual Conference Fiscal Officer Report document the following quote helps to frame the importance of this planned giving discussion.

“…every non-profit should be focused (in part) on finding benefactors to leave them planned gifts because there is no better way to plan for the future growth and strength of your organization.” From the Fundraising Authority website

The document Board members will discuss provides an overview of planned giving in the US, the value and benefits of planned giving in general, the value and benefits of planned giving for YALSA, and a set of questions for Board members to consider as they discuss ways to enhance YALSA’s planned giving efforts. Questions suggested for this discussion include:

  • What are Board member’s questions about planned giving, how it works, and its impact on YALSA’s fiscal health?
  • What on-going role can Board members play in advancing planned giving for the association?
  • What do planned giving candidates need to know about planned giving in order to plan
    their own finances successfully?

As this is on the YALSA Board agenda as a discussion item, there are no specific votes expected as a part of this Board conversation. You can read the full Fiscal Officer Report document and access the full Board agenda and documents for Annual Conference 2016, on the YALSA website.

About Linda W Braun

Linda W Braun is a YALSA Past President, the YALSA CE Consultant, and a learning consultant/project management coordinator at LEO: Librarians & Educators Online.

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