being pro-active. annual income exceeding $1 mil devotee email broadcasts exceeds 4,000 devotee...
TRANSCRIPT
BEING PRO-ACTIVE
Annual income exceeding $1 MilDevotee email broadcasts exceeds 4,000 Devotee attendance exceeds 1,200 for major festivals (Ramanavami, Ganesh chaturdhi, Diwali,etc); New year > $3,500Major Festivals performed = 10Active in Community activities – Health Fair, Blood donation, Kids summit
At a Glance
Strategic Initiatives
Parking
Cafeteria & Library
Kalyana Mandapam
Gurukulam Campus
Rajagopuram
Siva Parivar
Priest Quarters
SVT Foundation
Management’s Responsibility
Sustain the Faith & Reason that connected every devotee to our temple
Being accountable to every Penny contributed by devotees
Some FactsBoard Members:Board member resignations or Inactivity – atleast 30% – 50% Board Meetings Attendance ~ 60% (gets worse in second half)# of board members returning to serve again – very minimalCommunity Participation:AGM attendance: < 5% ( Roughly 30 to 40 out of ~ 800 patrons)Election Voting Record: Just 40% – 50%Contestants in election process: Hardly filling upNO Voting process held for elections: Trustees in: 2011,2010, etcDirectors in: 2010, etc _____________
Points to Ponder
Responsibility & Decision making – by very few board membersUnlimited power – given to very few board members
Complete financial control - given to 3 year elected membersLong term investment & planning – given to a 3 year elected
members
Points to Ponder
Will these 3 year elected members take responsibility when there’s a Legal Law suit against our temple ORthe Net Income goes negative ORthere’s Operational non-compliance with OSHA ORnatural disasters occur or any kind of assaults happen OR local County or Lending Bank tries to take over
?
Our Goals (Current & Future)
1. To Establish Long Term Security & Responsibility2. To raise Funds & improve financial stability3. Operational Sustainability
Individuals who can provide leadership with outstanding character, ability and vision for the future of our institution
and our faith.
Board of Governors
Manage OperationsElected representatives
Term: 2 Yrs
Policy MakersApprovals - Unlimited Elected representatives
Term: 3 Yrs
TRUSTEES
DIRECTORS
Current Structure
GOVERNORS
Manage OperationsElected representatives
Term: 2 Yrs
Policy MakersApprovals < 500K or $1 Mil
Elected representativesTerm: 3 Yrs
Visionaries & ProtectorsApprovals ≥ 500K or $1 Mil
Appointed PatronsTerm: Lifetime
TRUSTEES
DIRECTORS
Board of Governors
Functions: Ultimate authority for the financial, administrative,
legal, religious and security aspects of the institution
• Define the vision, manage the assets and protect the institution and our values
• Exercises jurisdiction in all matters EXCEPT those that are delegated to the Board of Trustees & Directors
Board of GovernorsFunctions (Cont’d):• Powers to supersede the decisions made by the Board of
Trustees and Board of Directors, in case a situation arises which could be detrimental to the Institution or to the vision of the Institution
• Detrimental cases - for ex:Legal Law suits Financial burdens Operational non-complianceTerrorist activities or assaults or natural calamitiesLocal government interference
Board of GovernorsFunctions (Cont’d):
• Cannot involve in the day-to-day activities or routine operations
• Any project that exceeds 500K budget should be approved by the Board of governors
• Board of Governors meet at least twice a year or as required
Board of Governors
Term of OfficeWhen APPOINTED, will be a Board member until
15 years OR Life term - his or her death or until resignation or
retirement or his/her removal by the fellow Board of Governors or disqualification based on non-compliance with the eligibility criteria
Eligibility Criteria
• By appointment only• Person who can provide leadership with outstanding
character, ability and vision for the future of our institution and our faith
• Should have contributed at least $100K during his tenure
Eligibility Criteria Others• The appointment to the board of governor position cannot
automatically be given to the immediate heirs in the family• Upon a members decease, resignation, retirement, removal or
disqualification, then that position will be available for appointment and will go thru the eligibility criteria & BOT & BOD Approval process
Options
Current Structure (BOT + BOD)
Works well (except fixing some loopholes)
Focus is on Long-Term (BOG)
Improve long term infrastructure that can sustain:•Growth of ‘diversified’ devotee base
•Any kind of unforeseen eventualities (Financial/Legal/Religious/etc)
•Unbridled / Unrestricted investment or spending by short term elected reps
Provides:
•Steady & balanced growth
Options
1) Forming BOG Structure
2) Upgrading BOTs
Governors Trustees
Position Filled By Appointment By Election
Fiscal Responsibility
Probability:Higher; Due to bigger donations made
Probability: Comparatively lower
Eligibility Minimum: 100K 1K / 10K
Daily activities Not involved Coordinate with Directors
Policy Making For higher value For limited value
Board of GovernorsTodo list
Process IdentificationInform all Patron membersAmend the ConstitutionAmend the by-lawsVoting Approve & Form the Board of Governors
Learning from Temples in US
A couple (out of many) of
TRUE stories
Ganesha Temple in Flushing, NY
Due to the board members conflicts, the management is taken over by
Non-Hindus
Hindu Temple in Toronto, Canada
When board members did not work well with their members, the county planned to foreclose the property. Fortunately,
YDS(Yogi Divine Society) took over and continued the services.
Thank You