Where Does My Money Go? | Where Does My Money Go? |
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Investing in Your Community United Way of Greater Williamsburg maximizes your contribution by combining your gift with others and, through the Community Investment Committee, invests in local, results-driven programs and initiatives that are identified and reviewed annually by local volunteers. These volunteers carefully monitor community needs and invest your dollards in programs tha are focusing on long-term solutions to our community's most pressing needs.
Since our local beginning in 1949, the accountability standards of United Way of Greater Williamsburg have been based upon models of transparency and efficiency. Each year, a local finance committee comprised of CPAs, accountants, and corporate leaders review the annual budget and internal operational procedures. In addition, on an annual basis, an independent certified public accounting firm conducts an audit in accordance with generally accepted auditing standards. Annually, the audit confirms United Way of Greater Williamsburg is in compliance and void of material weaknesses with regard to internal controls.
Community Building
The United Way of Greater Williamsburg (UWGW) continued its outreach to the community. The Community Health Foundation and the United Way are working together on updating the current Needs Assessment conducted. The last Assessment for our community was completed in 1998. After the last Needs Assessment we opened a dialogue with partner agencies as integrated Task Forces studied and made recommendations on the Allocations and Designations Process; while another task force addressed the issues of High Priority Needs Grants and New Agency Admissions.
Historic Triangle Founders Forum
Responding to needs identified in the Needs Assessment, the Community Health Foundation and UWGW; have yet again hired a professional consultant to identify and address areas in the 1998 Needs Assessment and develop a module to analyze the problems. After the 1998 Assessment, we identified and brought together all agencies/groups in the area working in the field of addictions (an identified need in the 1998 assessment). These groups had never before met together and in, many cases, were unfamiliar with each others' programs. The discussions help in reducing duplication of efforts and therefore spread available resources further. We expect similar meetings to take place after the Needs Assessment has been updated.
Community Investment Committee and Agency Relations
One of the greatest strengths of the United Way is the Community Investment Committee (CIC) process (the allocations process). During the 2009 CIC process, over 75 volunteers (including the United Way Board of Directors) contributed thousands of hours reviewing agency requests, visiting their facilities and making recommendations to help insure the needs of our community are met. The most critical issues are carefully considered in order to allocate the precious funds. Nearly one million dollars was allocated to 37 programs through 21 partner. This is the backbone and integrity of the product we offer to our donors.
For a breakdown of the 2008 agency funding within each focus area CLICK HERE.
* Unaudited. Audited financial statements, as required by law, are available upon request. The 2008 audit will be available late summer, 2009 and the 2009 audit will be available late summer, 2010.
Additional information about allocations can be found in our annual report in the Quick Links section above.
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