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Financial Report
The 2012-2013 fiscal year marked the rebirth of our Institute as a learning lab and active community organization. As part of launching our Sustainable Economies Program and renewing our Donella Meadows Legacy work, we hired new staff, made significant updates to our website, and laid the foundations for grantwriting and fundraising to support our programs. Although the income we brought in from these fledgling programs was not enough to completely cover their start-up expenses, we are confident that our investment in these program and increased fundraising efforts will pay off in the near future. In fact, we welcomed fiscal year 2013-2014 with a $50,000 donation from a private foundation to support our Sustainable Economies work.
Our Sustainable Economies Program builds on success stories such as farmers markets to help promote similar models of vibrant local economy across other sectors like forest and agritourism.
Operating Income
Contributions . . . . . . . . $28,473 Contract Fees . . . . . . . . . 94,008 Royalties & Copyright . . . . 36,012 Speaking & Events . . . . . . . 8,670 Rental Income . . . . . . . . . 24,812 Endowment . . . . . . . . . .193,467 Total Income & Endowment Funding . . $385,442
Operating Expenses
Administration . . . . . . . $120,475 Programs . . . . . . . . . . . 114,371 Organizational Dev . . . . . . 17,086 Subcontracts . . . . . . . . . . 78,843 Rent & Other . . . . . . . . . . 50,508 Fundraising . . . . . . . . . . . 4,159 Total Operating Expenses . . . . . . . . . $385,442
A very heartfelt thank you to all of the individuals and organizations who helped make our many accomplishments possible this year! Your generous contributions allow us to carry forward Danas sustainability work.
A real highlight for 2013 was working with the Dartmouth College Library to digitize the entirety of Danas groundbreaking 1972 study. The complete text and graphics are now available to read, search, and download online. Since the online version launched in June 2013, nearly 600 people have accessed this amazing resource.
I recently came across Dana's work during my research and it has been an inspiration, genuinely changing the way I view the research-implementation gap. Her nonexclusive style of writing is also so refreshing, something that I've always been an advocate of as a secondary school teacher. I simply wanted to share this with people involved in her legacy. I am thankful that she existed. Ben Palmer Fry Doctoral researcher, London
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Help us add to our archive! Were always looking for stories, photos, and writings about Dana. How did Donella Meadows influence your life?
Sustainable Economies
Our Sustainable Economies Program focuses on accelerating the transition to an economy that serves our communities and preserves our natural assets. In Danas words, we aim to speak and act, loudly and with assurance, from the new paradigm. This new economic paradigm is embodied by socially responsible businesses, food and energy networks, local investment, and more. We provide a common narrative to these diverse initiatives, convene systems changers, and develop metrics to measure genuine progress. Highlights from this year include:
We wrote Vermonts New Economy: A look at the New Economy by the numbers and distributed 600 copies during New Economy Week in October. The booklet shares stories and statistics about innovations shifting Vermont to new economic models. In addition, we collaborated with Vermont Public Radio and leaders of key Vermont organizations to produce and air a series of New Economy commentaries. They explored solutions for encouraging local food and energy systems, facilitating community wealth, and promoting and measuring wellbeing. Storytelling grounded in sound data will continue to be an important part of our work going forward.
Our workshop for social entrepreneurs emphasized embedding business into values and values into business. Each participant worked closely with visiting faculty to test their ideas and help their initiatives gain traction. They left with new strategies, articulated next steps, and peers with whom to continue collaborating. We see empowering networks of leaders as our next level of engagement for social change.
In December 2012 we teamed up with Global Community Initiatives and the Public Banking Institute to put on Vermonts New Economy. The conference allowed participants to propose topics of their choice for discussion, including alternative measures of wellbeing, complementary currencies, and cooperative ownership models. It drew 110 people from across New England and resulted in a coalition of Vermonters dedicated to building a more inclusive and resilient economy.
Conference attendees discussing cooperative businesses as one potential engine for a local economy.
Get in touch!
Institute Staff:
Marta Ceroni, Sustainable Economies Director (above right) Becky Cook, Office Manager (center) Sarah Parkinson, Communications & Programs (left)
Board Members:
Wayne Barstad (Chair), Jay Bragdon (Treasurer), Erik Esselstyn (Secretary), William Bittinger, Gwendolyn Hallsmith, Hal Hamilton
November 2013