5thGenTexan 504 Posted April 3, 2023 Share Posted April 3, 2023 According to FOS propaganda, this is the income and expenses for C10. Link to post Share on other sites
fred8033 1599 Posted April 3, 2023 Share Posted April 3, 2023 (edited) Easy to get close when you pull $2.5m from an endowment. Another way to read ... The council plans to be short $2.5m this year. Perhaps the question is ... how much do you plan the endowment to grow this year? How much did it grow last year? Year before? Edited April 3, 2023 by fred8033 Link to post Share on other sites
InquisitiveScouter 1656 Posted April 3, 2023 Share Posted April 3, 2023 8 hours ago, fred8033 said: Easy to get close when you pull $2.5m from an endowment. Another way to read ... The council plans to be short $2.5m this year. Perhaps the question is ... how much do you plan the endowment to grow this year? How much did it grow last year? Year before? How big is the C10 endowment? Inquiring minds want to know... Link to post Share on other sites
Eagle94-A1 2687 Posted April 4, 2023 Share Posted April 4, 2023 1 hour ago, InquisitiveScouter said: How big is the C10 endowment? Inquiring minds want to know... in 2020, Form 990 Schedule D, Part 5, page 31 of the document states they ended 2020 with an endowment of $56,163.690, 2019 was $54.152,230. 2018 was $50.113.630. 1 Link to post Share on other sites
fred8033 1599 Posted April 4, 2023 Share Posted April 4, 2023 So, depending on the last few years growth rate, budgeting $2.5m from the endowment "might" be a good plan. Might not too. All about sustainability and growth to keep it existing long term. Link to post Share on other sites
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