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Authors, sign in!People ask me this question often.
In view of the common, popular question, and in light of the ongoing debate here about the role of public funds and the responsibility of churches and other faith communities to care for the needs of a city like Dallas, I thought a brief report about the sources of our funds might be useful.
Our certified audit (for CDM) for FY2007 is hot off the press, so the numbers for last year form the basis of my report. During 2007:
- churches provided us 2% of our revenue
- corporations gave us 2.8% of our funding
- individuals offered 14.6% (no doubt, many from churches)
- foundations awarded 13.7%
- public funds amounted to a little over 33%
- United Way funded right at 6%
- special events brought in about 3%
- fees for services provided (we do ask our neighbors to participate) 4%
- sales contributed less than 1%
- in-kind donations totaled 9%
- the balance included other income, interest earned and restricted funds released for use during the year.
I'd love to receive your reflections and impressions on this breakdown.
(More about what we actually do here)
Published July 10, 2008 by Larry James |
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| Tags:
Charity
Community Organizing
Faith
Philanthropy
Public Policy
