financial overview
Here are four vital aspects for how stone circles relates to money and resources:
1. We have a bottom line value and commitment to ensuring that our work and The Stone House is accessible and affordable. This means that we do not turn anyone away because of lack of funds. It has also catalyzed the creation of a new scholarship fund.
2. We have a diverse revenue model, meaning that we raise money from a range of sources. In FY12 (July 1, 2011 – June 30, 2012), these include:
- individual donors (20% of our overall budget)
- earned income from our facilities and tenants on the land (28%)
- foundation support for overall operating expenses and specific programs (50%)
- other opportunities (2%)
3. Some of our practice-based programming (most retreats, for example) include dana. Dana is a Pali word – the original language of the Buddha – meaning “generosity.” Teachings were offered freely and, in a relationship of interdependence, committed spiritual practitioners and teachers were supported by their community. It is an act of faith and a practice we uphold.
4. We are committed to sustainable financial health, which means maintaining a contingency fund for unexpected emergency expenses and to provide a cash flow buffer. Since October 2010, we have put aside 5% of all revenues into our fund with a goal of having 3-4 months operating expenses available for such use within the next three years.
3-year financial summary
Please click here for a look at our comparative summary financial statement. Please visit Guidestar for the latest copy of our I990 tax form.
foundation supporters
In addition to the over 500 individual donors who support our work (read more about them on the “Friends, Sustainers & Donors” page) we thank the following institutions that are currently supporting our work:
Mary Duke Biddle Foundation
Blessings Project Foundation
Ervin Lee Brisbon Fund
Fenwick Foundation
Ford Foundation
Hidden Leaf Foundation
Kalliopeia Foundation
Kenan Family Foundation
Jessie Smith Noyes Foundation
Anna Louise Reynolds Fund of the Triangle Community Foundation
Seasons Fund for Social Transformation
Z. Smith Reynolds Foundation
And those who have supported us in the past:
AEPOCH Community Healing Fund
Blessing Way Foundation
Fund for Democratic Communities
Geraldine R. Dodge Foundation
Nathan Cummings Foundation
Roth Family Foundation
