WIN Annual Reports July 2017 Midyear Report | Page 16

HOW WE ARE FUNDED WIN is funded by annual dues from member institutions, donations from friends and grants from foundations. Dues and donations are the most important part of the funding because they demonstrate the ownership of members and give us political independence. WIN does not accept government funds for its core organizing budget, so that we can remain autonomous and independent. -- HOW ARE OUR FUNDS USED? The major part of WIN’s budget goes for paying the salaries and benefits of WIN’s full-time professional organizers. The organizers lead grassroots organizing and leadership training and assist WIN’s member institutions in local and District-wide organizing activities and campaigns. The budget also covers expenses associated with running issue campaigns and holding related large- scale actions and trainings. The remainder of the budget goes for office expenses and necessary accounting/bookkeeping expenses. -- OVERVIEW OF WIN’S 2016 FINANCIAL RESULTS *Some grants received in 2016 were multi-year -- allocatable to future years. Most recent audited finances can be made available to WIN member organizations and foundations upon request. 2017 MIDYEAR REPORT 16