Using average income and expenses from the 2015-16 program year through the most recent, 2020-2021, the charts below show the general proportions of where our Chapter money is spent and how we get it.
On the spending side, 78% of our funding is used to provide scholarships and prize money to area university students. "Catering" is the cost of our Member Appreciation Happy Hour events. The remaining 7% of our expenses are for credit card processing, name tags and other event supplies, as well as occasional meals for Board meetings.
Our largest source of income has traditionally been our Winter Fundraiser, which is a chance for members to network and win prizes in our raffle and silent auction. One of the highlights of our program year, we hope to be able to bring it back in early 2022, pandemic permitting. The annual Golf Tournament celebrates its 10th anniversary this year. While it has a higher cost element, our members enjoy the chance to take a day off work for networking and fun while raising money for scholarships. Corporate donations / directed scholarship donations have also helped us fund about $18,000 / year in student programs. Finally, our monthly programs, sometimes with sponsorships for food & beverage, as well as our membership reimbursement from SSPI make up the remaining share of our typical income.