How does CLMS cover its operating expenses?
The annual budget of CLMS falls into two broad categories: Mission and Operations. The Mission portion of the budget includes the various Mission Projects, and CLMS’ educational responsibilities (mostly the two mission inserts referred to above.) Operational budgets include administrative costs (Annual meeting, telephone conference call(s), bank charges, audit fees, etc.) as well as development costs. While any contributions given “wherever needed” could be used for the operational budget, it is the current practice of CLMS that all administrative expenses, and in some years, all development expenses are covered by special donations, mostly from the directors themselves. This makes it possible to assure donors that all funds designated for a mission project are applied to that project, with no deduction for administrative costs, or even bank costs that might be incurred in transferring funds overseas.
