1. LIONS Finances - Budgets Anytown Lions Club – District 2S4

2. Types of Budgets/Accounts Administrative or Dues Charitable, Service Special Events – could be either Administration or Charitable Cabinet, zone or convention, installation banquet – Administrative Fundraiser – typically Charitable Dispel the myth – no funds raised from the public can be directed to administration, EVEN IF you clearly state intent to use as administrative funds… DON’T DO IT.

3. Anytown Lions –2 Budget Focus Administration – Club Income Dues Fines/Split the Pot Member funds Expenses Dues to International, State MD2, District 2S4 Board Insurance Member Recognition Awards Fees, Registrations Postage and office supplies Charitable – Service Income Fundraisers Grants Donations Expenses Fundraising expenses Humanitarian Dues and Lions Charities Community Services and charitable activity

4. The Anytown Lions Club $15 Dues per month or $180 per year 25 Members 22 Regular Members 3 Family Members Meet Twice Per Month (24x year max)

5. Let’s talk about dues

6. Anytown Admin INCOME

7. Anytown Admin EXPENSE

8. Administrative Bottom Line $4,942.50 Income $4,911.75 Expense $30.75 Net It is your board’s fiduciary responsibility to BUDGET A POSITIVE NET INCOME

9. Anytown Charitable INCOME Project budgets would help determine Net Income for Fundraising line items.

10. Anytown Charity EXPENSE

11. Charitable Bottom Line $9,500 Income $9,221.25 Expense $278.75 Net It is your board’s fiduciary responsibility to BUDGET A POSITIVE NET INCOME

12. Questions? This presentation as well as a budget workbook containing the fictitious Anytown administrative spreadsheet and charitable spreadsheet will be available in MS Excel format, online for your use/customization at: www.district2s4lions.org/documents/