The following goal statements and strategies have been developed in order to achieve the following:
Visibility and recognition
To become a recognized and visible resource for the Royal Oak community.
Create and implement a comprehensive marketing plan.
To exemplify fund-raising and grant-making excellence and to promote strategic philanthropy.
Develop and implement fund-raising, grant-making, and evaluation guidelines using best practices.
To achieve financial stability by increasing the assets to $1,000,000 by December 31, 2007.
Create and implement a comprehensive fund-raising plan using a variety of fund-raising mechanisms (i.e., direct mail, annual giving, foundations, corporations, major gifts, special events, gifts in-kind, and planned giving)
To commit to continuous improvement and growth of the committee.
Establish and implement a sound investment policy and stewardship plan. Conduct annual review of the Foundation's strategic plan.
To ensure resources for future community needs.
Create and implement a plan to build an endowment fund.