Goals

The following goal statements and strategies have been developed in order to achieve the following:

  • Continuous improvement
  • Effectiveness
  • Efficiency
  • Ethical practices
  • Excellence
  • Financial stability
  • Growth
  • Permanence
  • Stewardship
  • Visibility and recognition

Goal Number One


To become a recognized and visible resource for the Royal Oak community.

Strategy


Create and implement a comprehensive marketing plan.

Goal Number Two


To exemplify fund-raising and grant-making excellence and to promote strategic philanthropy.

Strategy


Develop and implement fund-raising, grant-making, and evaluation guidelines using best practices.

Goal Number Three


To achieve financial stability by increasing the assets to $1,000,000 by December 31, 2007.

Strategy


Create and implement a comprehensive fund-raising plan using a variety of fund-raising mechanisms (i.e., direct mail, annual giving, foundations, corporations, major gifts, special events, gifts in-kind, and planned giving).

Goal Number Four


To commit to continuous improvement and growth of the committee.

Strategy


Establish and implement a sound investment policy and stewardship plan. Conduct annual review of the Foundation's strategic plan.

Goal Number Five

To ensure resources for future community needs.

Strategy


Create and implement a plan to build an endowment fund.