Year Three (August 1, 09-July 31, 10)
Year Three Plan: Add Mexico and double size of the program.
| Year Three Assumptions |
| # of Fellows: |
20 |
| Atlas Corps Fellows in 2 US sites: |
DC & DE |
| Atlas Corps Fellows from 3 countries |
India, Colombia, & Mexico |
| 1st Year Fellow Stipend |
$14,500 |
| US CSO 1st Year Cost Share |
$18,000 |
| Fellow Advance Deposit |
$500 |
| Average Cost of 1st Year Fellow Flights & Transportation |
$1,000 |
| Fellow Award |
$2,500 |
| YEAR THREE BUDGET |
| Expenses (Expected) |
Income (Expected) |
| Salary (5 ppl) |
$145,000 |
Foundations |
$300,000 |
| Staff Health Insurance / Benefits |
$30,000 |
U.S. Host Organization Cost Share |
$360,000 |
| Payroll Taxes |
$20,000 |
Corporations |
$100,000 |
| Staff Travel |
$15,000 |
Individuals (US) |
$30,000 |
| Living Stipends |
$290,000 |
Government |
$15,000 |
| Fellow Flights and Travel |
$20,000 |
Foreign Funders |
$15,000 |
| Training Expenses and Stipends |
$32,000 |
Fellow Advance Deposit |
$10,000 |
| Fellows Health Insurance |
$96,000 |
U.S. Civic Groups |
$5,000 |
| Promotional / Fundraising Expenses |
$12,000 |
Endowment Income |
$12,000 |
| Partner Development / Support |
$13,000 |
|
|
| Fellow Recruitment |
$8,000 |
Per Fellow Fundraising Need |
$18,255 |
| Insurance (D&O, Liability) |
$3,000 |
Percent Covered by Revenue |
51% |
| Total Awards to Fellows |
$25,000 |
|
|
| Office / Admin / Other |
$35,000 |
|
|
| Total Expenses |
$744,000 |
Total Expected Income |
$847,000 |
| Year One Surplus |
$103,000 |
Year End Endowment |
$306,775 |
|