Happy New Year!

Friday, 01 July 2011 17:09

She’s got to be kidding, right?  New Year’s Day isn’t until January 1st, unless you work for the Community Foundation.  Today is the start of our new 2012 fiscal year.  We don’t have party hats and Guy Lombardo (I am showing my age) music playing in the background.  Instead, our team has been busy tying up the loose ends for fiscal year 2011 and getting ready to start our new fiscal year today.

What are some of those loose ends?  Name changes are a hot topic right now.  A number of our donors changed their names this year due to happy and some sad experiences.  Our team tries very hard to keep donor information current so while updating names may not seem important to you, it’s very important to our donors and to us.  We are working with some civic groups right now who are changing the names of their funds to better reflect their work in our community and to help donors find their funds on our web site more easily. 

Other loose ends include getting back in touch with donors to see if the time is right to create the funds that they have been considering over the past year.  If they want their fund listed in the fiscal year 2011 annual report, then tying that knot by June 30 was critical.

The nonprofits’ year-end grant reports were due by close of business yesterday. These reports tell us about their stewardship of our grant monies and the positive impact that the grants made for the people they serve and for our community-at-large.   

A few nonprofit leaders contacted me this week to inquire about operating contributions to round out the closure of their own fiscal year budgets. They too are scrambling to get everything put together in preparation of closing one year and opening a new one.  

Yes, it’s New Year’s Day, but no one is partying.  Instead we are trying to get everything put together for the auditors impending arrival in a month and to show that our work in fiscal year 2011 indeed was For Good. Forever. For Frederick County. 

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