NYYM Finances
Contents
NYYM Payment Request Vouchers
The Numbers
The Budget Process
- The process—how the budget is developed
- NYYM financial structure—committees, officers, and trustees
Our Funds
- The Operating Fund and Annual Appeal
- The Sharing Fund and Sharing Fund Appeal
- The Witness Activities Fund
- Trustee-managed Funds
About Supporting New York Yearly Meeting
- What Your Gifts Support—A guide to the ministries, programs, and services that your individual contributions and your meeting's covenant donations support.
- Ways that Members and Meetings Support NYYM—as individuals and families, as meetings, and through volunteering, committee service, and ministry; plus giving itself as a ministry.
The Budget Process
How the budget is developed
The budget is developed annually in a five-step process that begins with the yearly meeting committees, is reviewed by the yearly meeting's coordinating committees and representatives from local meetings, and is approved by the gathered body of the yearly meeting at Fall Sessions. The whole process is reviewed by the Leadings and Priorities Working Group.
- Learn more about the budget process (this page under construction)
- See the NYYM budgets and treasurer's reports
NYYM's Financial Structure
The finances of the yearly meeting are managed by:
- Financial Services Committee under the oversight of
- General Services Coordinating Committee,
- Audit Committee,
- Development Committee,
- the treasurer and assistant treasurers of the yearly meeting, and
- the trustees of the yearly meeting and the treasurer of the trustees.
NYYM Funds
The Operating Fund and Annual Appeal
Your donations to the Annual Appeal supplement your meeting's covenant donation to the yearly meeting's Operating Fund and support the many ministries of the yearly meeting and the services it provides to local Friends and meetings.
The Sharing Fund and Sharing Fund Appeal
The Sharing Fund supports the witness ministries of the yearly meeting's witness committees, and, through the Witness Activities Fund (see below), the witness activities of individual Friends and local meetings.
The Witness Activities Fund
The Witness Activities Fund provides grants to NYYM committees and individual Friends and meetings for witness ministry.
- Learn more about the Witness Activities Fund, including how to apply for a grant.
The Trustee-managed Funds
The Trustees of New York Yearly Meeting manage funds that were established through the bequests of Friends now deceased. The use of some of these funds is restricted—mandated by the terms of the bequest; some are unrestricted. The income from some funds flows into the operating fund; grants from some funds are open to application by individual Friends and/or by meetings.
- Visit the NYYM Handbook page for the Trustees, describing their purposes, functions, organization, meeting times and places, and finances.
- Visit the Trustees' committee page, with more general information about the Trustees and the NYYM corporation.
- See descriptions of the Trustee-managed Funds.
- Learn how to apply for grants from funds that are open to application.