High Point - Thomasville Chapter

Administration and Financial Information

Annual Report:  Published annually, this report details our service delivery and financial information for the previous fiscal year. 2007 Annual Report

Budgeting:  The High Point-Thomasville Chapter has an annual budget for FY08 of $683,726 Revenue and $729,237 of Expenses.  The chapter is budgeting for a deficit that includes additional staff and a new Depreciation Line Item of $50,000.  The United Way of High Point ($197,651) and the United Way of Davidson County ($46,457) provides 40% of the budgeted annual income.

Finance:  The Finance Committee of the Board of Directors, along with the Executive Director, is responsible for developing the budget and monitoring the chapter's adherence to the budget.

Donations:  The High Point-Thomasville Chapter is not funded by any government agency.  Although the American Red Cross was created by a Congressional Charter, the Red Cross is not a government agency.  Our services are made possible by the voluntary contributions of the American people.  We honor the designations of our donors through the Red Cross Donor D.I.R.E.C.T. policies.  (Donor, Intent, Recognition, Confirmation, Trust).  You can make a secure online donation through the RedCross.org donation portal.

In-Kind Gifts: In a disaster, the best way to help is to make a monetary donation to the Disaster Relief Fund.  Donating used clothing, food, furniture, or other such items, is an inefficient way of helping.  Generally, the cost of collecting, sorting, cleaning, transporting, resorting and distributing donated items cost more than purchasing new items at the scene of the disaster.  Our relief efforts are geared to provide equal and fair assistance to all victims.  Donated items are impossible to distribute equitably.  Other disaster response agencies are better suited to take your donated items.

     For chapter operations, donations of In-Kind Gifts help in many ways.  Donated furniture and merchandise from the Furniture Market fuels our auctions, raising money for the chapter.  Donations from area businesses for chapter supplies and equipment help keep costs down, allowing us to provide more services to our clients.

Annual Independent Audit: The High Point-Thomasville Chapter financial transactions and systems are audited annual by the independent auditing firm of Fulp and Associates.  A copy of the current annual audit can be viewed at the chapter offices, Monday-Friday, from 8:30-5:00, by appointment only.

United Way support and the Annual Allocations Process

The High Point-Thomasville Chapter is supported by two United Way organizations: the United Way of Greater High Point, and the United Way of Davidson County.  The chapter staff participates in both United Way campaigns, as donors ourselves and as Loaned Executives and Speakers for United Way campaign rallies.  To learn more about the United Way, visit the websites for High Point and Davidson County. 

     The United Way Allocation Process is designed to monitor participating agency service delivery and fiscal responsibility.  Each year, the High Point-Thomasville Chapter is required to submit a new allocation request, showing what was accomplished with last years' allocation, what is currently being accomplished, and a plan for the next allocation and service delivery.  This process is designed to insure agency efficiency and community involvement in the distribution of donated funds. 

     When the annual United Way campaign visits your workplace, please support the United Way.  We do.  Here at the High Point-Thomasville Chapter, our employees contribute to the United Way through payroll deduction.