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An international volunteer organization working to improve the lives
Transformation: A View from Spruce Street
As a member of a global organization, you joined your club to be part of something beyond your local community. And that something is the combined effort of all Soroptimist clubs to improve the lives of women
Dues to the federation contribute toward the costs of member services and governance—the cost to deliver value and support to our 34,000 members in 1,300 clubs across 28 regions carrying out the mission in our 19 countries and territories in six languages and multiple cultures. Yes, being a global organization means we are complex, with a lot to support, in many different ways. This is confirmed by Association Library Inc.’s 2013 Global Membership Models white paper.
The value and support SIA headquarters delivers includes:
This support of the member services and governance structures account for about 42.5 percent of 2012-2013 budgeted
These administrative requirements may not sound like very exciting value-added components. But they are, because they allow Soroptimists to operate in 19 countries and territories. And, because SIA is an incorporated entity, we are required by U.S. law to annually take steps to protect our assets if we are to lend our name, reputation, registered trade and service marks and charitable status to our clubs and regions.
The backbone, or administration, amounts to about 8.5 percent of our total expenses budgeted in 2012-2013. When an independent audit firm compares this 8.5 percent with other like organizations, SIA is found to operate at a lower administrative
All totaled, in 2012-2013, membership dues cover 87 percent of the costs needed to deliver the services required of our current structure. The 13 percent gap is covered by interest, dividends and realized gains from investment income.
Remember, member dues pay for operating the structure. They do not pay for the funds disbursed through our wonderful
Where do the donations one gives to SIA actually go? In 2012-2013, of the almost $1.6 million we expect to raise from our very generous members, clubs and friends, 81 percent goes right to programs.
The other 19 percent covers the costs for SIA to raise the funds. This includes expenses associated with:
Perhaps the most important point is that NO contributions pay for administration, governance or member services expenses. That’s right, contributions cover programs, and dues cover member services, governance and administration.
We are fortunate to be able to volunteer for a global organization with a global network. We’re much more than a community