WIN Annual Reports June 2018 Midyear Report - Page 19

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 are more consistent and dependable year-to-year and demonstrate the people’s ownership over our work. WIN does not accept government funds for its core organizing budget, so that it can remain autonomous and politically independent. -- HOW ARE OUR FUNDS USED? The major part of WIN’s budget supports 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 2017 FINANCIAL RESULTS *Some grants received in 2017 were multi-year -- allocatable to future years. Audited finances will be made available to WIN member organizations and foundations 2018 MIDYEAR REPORT 19