During its December 7, 2020 Board of Directors meeting, the Foundation Board formally established a Finance and Fundraising Committee, which will replace the former Fundraising Committee. The decision to take this evolutionary step was based on the intimate interdependence between realistic and executable annual budgets and fundraising goals and objectives. President Tom Ganse highlighted that annual budgets aligned with the Foundation’s mission are almost exclusively tied to the Foundation’s ability to raise money. Combining budget development with fundraising targets, will provide greater efficiencies in executing current budgets while establishing more long-term financial planning. By charter, the Foundation Treasurer is established as an ex officio member of the committee.