COST OF CREW FIXED COSTS Costs which must

COST OF CREW

FIXED COSTS • Costs which must be covered no matter how big our crew is. • Including: Business Fees & Expenses, Bank Charges, Equip rental and maintenance, Taxes, Rent, Utilities, Membership Fees, Fuel, Insurance, etc. • Total Fixed Costs = $20, 500

ROWING SEASON COSTS • Dependant upon the number of athletes per season • Includes: Regatta Fees, Regatta Food, End of Year celebration and awards. • Total costs = $ 10, 500

NOT INCLUDED IN BUDGET Travel – Busses Uniform Costs – repair this year, replace in future Equipment – new equipment is not included in this budget. Coaches – Traditionally Granby Crew did pay our coaches a small income. Last year (2017 -2018) coaches offered to be volunteers, but to keep good coaches we need to have a budget that includes coaches pay.

TOTAL BUDGET = $31, 000

• Dues • Cover Annual Operating Costs • Pay Coaches? ? FUNDING • Annual Fundraising • Travel, Financial Assistance, Extras • Capital Campaign • Shells, and other equipment

CAPITAL CAMPAIGN

MATCHING!!! • Up to $10, 000 in donations matched by September 30 th • Short term goal = New Equipment, specifically shells • Long term goal = Establish a separate fund to finance good equipment at good prices when available. • Doesn’t End on Sept 30 th, but matching does.

DONATORS • Granby Crew Families • Community Supporters • Goal 100% of current families participate • Granby Graduates who “made it” • $10 donation is all it takes to participate • Corporations • Extended Family • Students & Alumni • Neighbors • Teachers • Anyone know Grant Gustin? • National Foundations • Social Media

ANNUAL FUNDRAISING • How • Why • Bazzar – Spring and Fall • Travel costs – Busses • Booster Club Apparel • Infrequent costs – uniforms • Car Washes • Financial Assistance • Wreaths • Ynot Days

DUES Not fun but necessary

DUES • Annual Operating costs to be covered by Dues. • The cost to run the team is covered by the team • 600+ hours of activity over the course of the school year. Financial Assistance Available

TYPICAL ROWING CLUB FEES • USA Rowing Suggestion is $1, 000 per season = $2, 000 per year Great Bridge = $200 per month + uniform purchase Cox = $1, 300 per year Mc. Lean = $1, 000 + mandatory fundraising First Colonial = $900 + uniform Hickory = $1, 200

2018 -2019 DUES • Fixed Costs = $400 per athlete • Rowing Seasons = $300 per athlete • Fall = $100 • Spring = $200 • Total For Full Year = $700 • Estimated 45 athletes = $31, 500 Covers current Budget.

PAYMENT SCHEDULE • Sept 7 th, Friday first week of school • $50 = first month of rowing for novices • $200 = First payment for Varsity (1/2 of Fixed Costs) • October 12 th • $150 = remainder of fixed cost of rowing in fall for Novices • $100 = Cost of Fall Rowing, All Athletes (never charged if joining Winter or Spring) • February 1 st • $200 = Fixed cost of rowing 2 nd payment • March 1 st • $200 = Cost of rowing in the Spring

FINANCIAL ASSISTANCE • Need Based • Applications Fully Confidential • Separate Funding from operating costs • Form on the website • Separate Savings Account • Have $3, 000 available • Awards based on number of applications • Mail to PO Box • Relying on Honesty from Families