[Lnc-business] Budget meeting

Mon Dec 4 21:16:56 EST 2017

Sam, I think the point is that any effort to raise or spend toward the
mortgage takes away from the actual efforts to get Libertarians elected. I
was one of the folks who supported getting caught up on the off-year
additional payment...and got excited about the idea of getting out of debt
(paying off mortgage). However, I am seeing things differently now, and
believe that it is not in our best financial interest.

Considering a single donor, who would consider giving to the building
fund....would they consider giving to something more likely to lead to an
elected Libertarian? If not, then it makes sense to let them pay for the
building. But if giving to the building fund means they will have less to
give, or be less inclined to give, to our other causes, then it might not
be a good idea.

Paying staff to raise money to pay off a mortgage seems absurd, in those
terms. Paying staff to raise money to get Libertarians elected is better :).

On Mon, Dec 4, 2017 at 7:07 PM, Lauren Daugherty <lauren.daugherty at lp.org>
wrote:

> That sounds like a very nice option also.
> I think we have great opportunities in pretty much every major city in
> America and I'll be happy to pursue those opportunities wherever the LNC
> decides.
>
> ---
> Lauren Daugherty
> Head of Development
> Libertarian National Committee
>
> On 12/4/2017 6:19 PM, Caryn Ann Harlos wrote:
>
> The LPCO has a couple that have often hosted fundraising parties and have
> a beautiful and large home.  I have not approached them but this could be
> an option for Denver.  I believe I could find some others as well.
> --
> *In Liberty,*
> *Caryn Ann Harlos*
> Region 1 Representative, Libertarian National Committee (Alaska, Arizona,
> Colorado, Hawaii, Kansas, Montana, Utah, Wyoming, Washington) - Caryn.Ann.
> Harlos at LP.org <Caryn.Ann.Harlos at LP.org>
> Communications Director, Libertarian Party of Colorado
> <http://www.lpcolorado.org/>
> Chair, LP Historical Preservation Committee
>
> A haiku to the Statement of Principles:
> *We defend your rights*
> *And oppose the use of force*
> *Taxation is theft*
>
>
> On 2017-12-04 16:58, Lauren Daugherty wrote:
>
> I am posting to echo Whitney's observation. I also agree with Daniel that
> donors like options and different things appeal to different folks and that
> is a good thing. And I agree with Ken that ballot access is critical.
>
> 49 state ballot access is a harder sell to donors and members than 50
> state (plus DC) ballot access. Major donors, whom we need to invest in a
> big way to make much of this happen, are not excited by "almost". They care
> about us setting solid, ambitious goals and then working hard to reach them.
>
> Tomorrow, I plan to send the LNC an update on fundraising.
>
> Also, given that the LNC is currently considering locations for the spring
> LNC meeting, please know that we have a donor in Charleston that has
> graciously offered to host a house party at his beautiful home overlooking
> Charleston harbor. This would be an excellent opportunity for an event the
> Friday before the LNC meeting, assuming he is available on the weekend
> chosen by the LNC. Of the cities discussed, I think we can do productive
> events at any of them but, from a fundraising perspective, Charleston and
> Los Angeles would be my top recommendations.
>
> ---
> Lauren Daugherty
> Head of Development
> Libertarian National Committee
>
> On 12/4/2017 5:24 PM, Whitney Bilyeu wrote:
>
> I had a donor tell me once that if we made extra payments, beyond what is
> required by the Weiner Rule, he would be reluctant to give for ballot
> access in the future.
>
> Whitney
>
> On Mon, Dec 4, 2017 at 4:55 PM, Ken Moellman <ken.moellman at lp.org> wrote:
>
>> That's a different story.  Those interested who haven't heard can hear it
>> for the price of one bourbon.
>>
>> PS. I'm bringing bourbon again.
>> ---
>> Ken C. Moellman, Jr.
>> Libertarian National Committee
>> Region 3 Alternate
>>
>>
>> On 2017-12-04 17:18, Daniel Hayes wrote:
>>
>> That sounds like the sort of speech that would make someone reconsider a
>> resignation.
>>
>> Daniel
>>
>> Sent from my iPhone
>>
>> On Dec 4, 2017, at 3:25 PM, Ken Moellman <ken.moellman at lp.org> wrote:
>>
>> If we hit true 51 state access, then we will achieve something that's
>> never been done by a "minor" party in history; therefore, I think it's
>> actually a "big deal" for everyone.
>>
>> I support the HPC, and I think the project is important.  Those who don't
>> learn from history are doomed to repeat it.  (And I think the name was my
>> suggestion?)
>>
>> I get pretty sad when people poo-poo these projects. The reality is that
>> I think they're all important. We're not spinning up a committee to decide
>> what color to paint the hallway on the first floor of the office, or
>> arguing over  We're trying to retain institutional knowledge, which is
>> critical for success, and go where no one has ever gone before, which is an
>> indicator of that success.  We're running committees to make sure our
>> messaging doesn't go off the rails.  We're running committees to continue
>> to top the successes of previous conventions.  We're modernizing our IT
>> infrastructure (and doing more with less!). There's a lot of really, really
>> good stuff happening on the LNC, because, despite our disagreements on
>> various things, this particular LNC has been getting things done.
>>
>>
>> ---
>> Ken C. Moellman, Jr.
>> Libertarian National Committee
>> Region 3 Alternate
>>
>>
>> On 2017-12-04 14:58, Daniel Hayes wrote:
>>
>> We have a LOT of members that are sick to death of hearing about ballot
>> access.  We have other members that are motivated by certain things. We
>> have a lot of members that don't believe in paying mortgages.
>> We have people complaining about $10,000 being spent by the historic
>> committee. Despite this being donated specifically for that project.
>>
>> I fully support us striving to achieve true 51 "State" ballot access. I
>> tell members from states that have great ballot access that it helps us all
>> when we have more states that have it.    Also, to remember that many
>> states that do have great ballot access were helped in getting that by
>> people like Richard Winger and Bill Redpath and many others. If others had
>> taken the attitude of "I got it, I don't need to help you" early on, many
>> of those states actually wouldn't have it. It's important to pay it forward.
>>
>> That said what happens when people poo-poo encouraging others to give
>> money to the Historic Committee or the Building Fund because we need more
>> ballot access is that we probably end up with LESS money for ballot
>> access.  Different things motivate different people. When someone that
>> otherwise hasn't been giving now has something they want to donate to, a
>> funny thing can happen. Some of those people get into the habit of giving
>> and start giving to other things as well.
>>
>> It's about developing relationships with donors. When someone says to a
>> donor, "what's important and excites you isn't really important. Give your
>> money to this instead" , some of those donors will close their checkbook
>> back up and not donate at all. When you say what's important to them isn't
>> really important, they hear that they are not that important.
>>
>> Everyone needs to keep that in mind. Options are a good thing.
>>
>>
>> Daniel Hayes
>> LNC At Large Member
>>
>> Sent from my iPhone
>>
>> On Dec 4, 2017, at 1:35 PM, Ken Moellman <ken.moellman at lp.org> wrote:
>>
>> It is my understanding that the interest on the building is at about 4%,
>> and that previous contributions have set us on a path to pay off the
>> building prior to the balloon payment.  I have not independently verified
>> this, but if it's true, then I would suggest that pushing to pay it off any
>> sooner may be to the detriment of other goals.  Certainly I appreciate
>> paying off debts, but simultaneously, there is a weighing of opportunity
>> cost to consider.
>>
>> On a separate note, the Ballot Access Committee's report is asking for
>> $250,000. I apologize for the discrepancy between what was placed into the
>> budget and the report itself.  As the report was being put together, a
>> number of things changed.  Primarily, Alabama has put together a plan
>> which, if they execute their half, I would encourage the LNC to execute the
>> second-half.  Additionally, LP Ohio and LP Tennessee will have "carry over"
>> from the 2017, which isn't shown as carry-over.
>>
>> Here is the link to the Ballot Access Committee report for the upcoming
>> meeting:
>> https://docs.google.com/document/d/1hi2dav_9dfwRURz4pv8K6wG5
>> GDsJMYisc-83WW-jRfQ/edit?usp=sharing
>>
>> Here is the link to the Ballot Access plan submitted by LP Alabama:
>> https://docs.google.com/document/d/1I2NSKFsqjBXmvLqZXKkHVHND
>> MxQB3pgaXYsJzxuiVzU/edit?usp=sharing
>>
>> Thank you.
>> ---
>> Ken C. Moellman, Jr.
>> Libertarian National Committee
>> Region 3 Alternate
>>
>>
>> On 2017-12-04 12:39, Lauren Daugherty wrote:
>>
>> Hi Caryn Ann,
>>
>> We may do 1 or 2 fundraising appeals about the building in 2018 but
>> probably not much more than that because we'll be focused on fundraising
>> for ballot access, candidate support, etc.
>>
>> Yes, some people really like giving to something they can touch and
>> something that allows their name to displayed permanently. We now have
>> sponsors for all of our named rooms at HQ so that removes what many people
>> would consider the biggest incentive for donors to give big checks to the
>> Building Fund. There are still other opportunities for people to give and
>> have their name listed prominently, however, and we'll highlight that
>> occasionally.
>>
>> For the purposes of budgeting, I do think it is wise not to expect any
>> large contributions to the Building Fund in 2018.
>>
>> Lauren
>>
>> ---
>> Lauren Daugherty
>> Head of Development
>> Libertarian National Committee
>>
>> On 12/3/2017 12:07 PM, Caryn Ann Harlos wrote:
>>
>> Aren't the building targeted fund-raisers pretty successful?  I do hope
>> we have some planned.  Some people really like giving to that preferring to
>> invest in something they can touch.
>> --
>> *In Liberty,*
>> *Caryn Ann Harlos*
>> Region 1 Representative, Libertarian National Committee (Alaska,
>> Arizona, Colorado, Hawaii, Kansas, Montana, Utah, Wyoming, Washington) - Caryn.Ann.
>> Harlos at LP.org <Caryn.Ann.Harlos at LP.org>
>> Communications Director, Libertarian Party of Colorado
>> <http://www.lpcolorado.org/>
>> Chair, LP Historical Preservation Committee
>>
>> A haiku to the Statement of Principles:
>> *We defend your rights*
>> *And oppose the use of force*
>> *Taxation is theft*
>>
>>
>> On 2017-12-03 10:31, Tim Hagan wrote:
>>
>> The draft 2018 budget that we were working on is attached in Excel and
>> PDF formats. I deleted the worksheet for Total Salary since it contains the
>> salary for each staff member, which we have always treated as confidential.
>> Let me know if you want a copy of the confidential salary expenses sheet.
>>
>> The first worksheet, Operating Budget, is the budget to be considered.
>> The amounts are calculated from the values on the Account Detail sheet.
>>
>> Note on the Operating Budget sheet, row 49, that the budget has a
>> $155,064 net deficit.
>>
>> On the Account Detail sheet, many of the revenue numbers are based on the
>> amounts raised in 2017. The draft assumes no growth in membership during
>> the year.
>>
>> No targeted fundraising is planned for the Building Fund, so its budgeted
>> revenue of $15,000 is based on 2016.
>>
>> Expenses were increased compared to previous years in the areas where
>> contractors or staff have been hired for functional areas: Affiliate
>> Development, Donor Renewal, Media Relations, Candidate Support & Training.
>> ---
>> Tim Hagan
>> Treasurer, Libertarian National Committee
>>
>>
>> On 2017-12-02 18:22, Joshua Katz wrote:
>>
>> I did not receive any reply indicating when the proposed budget would be
>> available.  The meeting is now next week.  Is the EC's proposed budget
>> available yet?
>>
>>
>> <https://www.avast.com/sig-email?utm_medium=email&utm_source=link&utm_campaign=sig-email&utm_content=webmail&utm_term=icon> Virus-free.
>> www.avast.com
>> <https://www.avast.com/sig-email?utm_medium=email&utm_source=link&utm_campaign=sig-email&utm_content=webmail&utm_term=link>
>>
>> Joshua A. Katz
>>
>>
>> On Thu, Oct 26, 2017 at 11:37 AM, Joshua Katz <planning4liberty at gmail.com
>> > wrote:
>>
>>> It appears (I just noticed last night; I thought our next meeting was in
>>> April) that we have a budget meeting in December.  Ahead of that, I wanted
>>> to ask if the EC had a timeline for the proposed budget.
>>>
>>> Last term, we held one or two teleconferences after we had the proposed
>>> budget.  I found those helpful, and would encourage us to do that again.  I
>>> don't know that they resolved much, but at least we knew going in where the
>>> flashpoints were.
>>>
>>> In any case, I'd appreciate knowing when we can expect the proposed
>>> budget so I can plan my time accordingly.
>>>
>>> Joshua A. Katz
>>>
>>>
>>
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