Financial Progress: Chapters Return Surplus Funds

STC President Cindy Currie reports that more than 70 chapters have completed their 2010 zero-based budgets (STC’s SIGs pioneered zero-based budgeting in 2007 and have served as models during this process). The chapters have identified more than $300,000 as surplus Read more

Back from the Brink: The STC Recovery Plan

STC’s volunteer leadership has been working to develop a recovery and regeneration plan for the Society. As we announced at the Summit in Atlanta in May, STC is experiencing an unprecedented challenge to its financial health in the form of a projected shortfall that could reach as high as $1.2 million. This will continue into 2010 unless we take decisive action right now.  The regeneration plan, which will include many of the great ideas suggested by scores of chapter leaders and members through our various communication channels, will be announced as promised by the end of August.