[Lnc-business] MATCHING CAMPAIGN Re: October End-of-Month Financial Reports

[Lauren Daugherty]

Hi all,

The national party spent a lot of money leading up to Election Day, on 
important things including ballot access, candidate recruitment, 
candidate support, the national convention, affiliate support, and more.

We are in a financial crunch right now as we work to pay off some of 
those bills, like the Hyatt.

I begin my tenure as interim ED tomorrow. Over the last couple of weeks, 
Robert Kraus and I have worked to make adjustments where possible to 
both raise more money and to reduce costs. For example, previously, LPHQ 
has a cleaning crew visit twice per week. We've cut that back to once 
per week.

I'm focused on getting our financial crunch resolved ASAP so we can move 
into the new year on a more solid financial footing. I think the first 
quarter of 2019 will be very good for us in terms of revenue/fundraising 
but this fourth quarter of 2018 is challenging.

To help with this, Robert and I have started a matching campaign. We 
each gave $500 to the party today, and are asking others to consider 
matching us. So far, Tim Hagan, Bill Redpath, Steve Dasbach, and Shane 
Cory have pledged to join us, by giving $500 each. Thanks to each of 
them for helping so generously. Each of us is giving because we want the 
party to finish paying off our 2018 investments and start preparing for 
aggressive campaigning in 2019.

Please consider if you can join us in this matching campaign. If you can 
do $500, that would be extraordinarily helpful. If you can do more, or 
less, that is also very much appreciated and helpful. If you can pitch 
in, please do so at LP.org/donate.

As always, many thanks.

Lauren

Lauren Daugherty
Development Director
Libertarian National Committee

On 11/19/2018 10:33 AM, Tim Hagan via Lnc-business wrote:
>     The October End-of-Month Financial Reports are attached. The reserve
>     was at -$44,282, and unrestricted cash on had was $17,374. The Hyatt
>     debt was reduced by $7000.
>
>     The Field Support Canvassing Project cost $25,143 to date, about $5,143
>     more than planned.  This falls under the Candidate, Campaign &
>     Initiative Expenses budget line, which is running above budget.
>
>     ---
>     Tim Hagan
>     Treasurer, Libertarian National Committee
>