STC Board Approves New Community Funding Model

The STC Board of Directors voted Tuesday [Aug, 21, 2012] to approve a new community-funding model described as a “Partial Pass-Through.” Under this model, STC communities will receive funding based strictly on the number of members in a chapter or SIG. During the budgeting process, all communities will receive a fixed amount of funding per member—$15 per chapter member and $4 per SIG member—regardless of projected expenses and income, or estimated reserves at year end.

See http://notebook.stc.org/stc-board-approves-new-community-funding-model for the complete story.