28 | VICTORY Magazine

FOR MORE

INFORMATIO

N ON

OUR FIN

ANCIAL

REPORTING V

ISIT

VICTO

RYFUND.ORG/

2012

AUDIT

www.victoryfund.org/magazine | 29

VICTORY FUND AND INSTITUTE

2012

OUT TO WIN

ANNUAL REPORT

30 | VICTORY Magazine

VICTORY FUND 2012 INCOME

A. B. C. D. E.

VICTORY FUND 2012 EXPENSES

A. B. C. D. E.

Appeals (Major Donors)

Donor Candidate Contributions

Events

Direct Marketing

Other Income

Total Income

$1,733,165$1,114,612$1,077,263$68,482$1,919

$3,995,440

Political Expenditures

Donor Candidate Contributions

Direct Donor Benefit (Events)

Fundraising

Management & General

Total Expenses

$2,318,035$1,114,612$454,326$225,263$99,180

$4,211,416

55%a.

26%b.

11%c.

5%d.

2%e.

43% a. 28% b. 27% c. 2% d. 0.05% e.

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VICTORY INSTITUTE 2012 INCOME

A. B. C. D.

VICTORY INSTITUTE 2012 EXPENSES

A. B. C. D.

Grants & Contributions

Appeals (Major Donors)

Tuition & Registrations

Other Income

Total Income

$2,042,521$857,063$99,446$52,056

$3,051,086

Leadership Development

Candidate & Campaign Training

Research & Communication

Fundraising & Administration

Total Expenses

$1,465,544$502,110$323,768$270,123

$2,561,545

67%a.

28%b.

3%c.

2%d.

89%Programing (a+b+c)

11%d.