Download Chapter Operations Calendar

Below is a sample annual cycle for key planning and performance review activities:
Month
Jan.
Financial Performance to Plan
 Review preliminary prior year financial results
- income statement and balance sheet
(Governor/ Treasurer)
Feb.

Review YTD & forecasted year-end financial
performance vs. budget - income statement,
balance sheet and cash flow (Treasurer)
Mar.

Review YTD & forecasted year-end financial
performance vs. budget - income statement,
balance sheet and cash flow (Treasurer)
Apr.

Review YTD & forecasted year-end financial
performance vs. budget - income statement,
balance sheet and cash flow (Governor/
Treasurer & Chapter Council)
May

Jun.
Review final, audited prior year financial
results (income statement and balance sheet)
 Review current year YTD & forecasted yearend financial performance vs. budget - income
statement, balance sheet and cash flow
(Treasurer)
 Review YTD & forecasted year-end financial
performance vs. budget - income statement,
balance sheet and cash flow (Treasurer)
Strategic/ Operational Plan and Budget
 Review results of prior year strategic/
operational plan performance and key
metrics (Governor/ Treasurer & Chapter
Council)
Investments & Reserves
 Review prior year-end overall
investment performance and individual
fund managers’ performance vs.
benchmarks (Governor/ Treasurer)
 Review prior year-end donor and
endowment fund uses and balances
(Governor/ Treasurer & Chapter
Council)
 Review YTD overall investment
performance and individual fund
managers’ performance vs.
benchmarks (Treasurer)
 Review YTD overall investment
performance and individual fund
managers’ performance vs.
benchmarks (Treasurer)
 Review YTD overall investment
performance and individual fund
managers’ performance vs.
benchmarks (Governor/ Treasurer &
Chapter Council)
 Review donor and endowment fund
uses and balances (Governor/
Treasurer & Chapter Council)
 Review YTD overall investment
performance and individual fund
managers’ performance vs.
benchmarks Treasurer)


Develop next year strategies/ operational
plan activities and key budget
assumptions (Governor/ Treasurer &
Chapter Council)
Review YTD overall investment
performance and individual fund
managers’ performance vs.
benchmarks ( Treasurer)
Month
Jul.
Financial Performance to Plan
 Review YTD & forecasted year-end financial
performance vs. budget - income statement,
balance sheet and cash flow (Treasurer &
Chapter Council)
Aug.

Review YTD & forecasted year-end financial
performance vs. budget - income statement,
balance sheet and cash flow (Treasurer)
Sept.

Review YTD & forecasted year-end financial
performance vs. budget - income statement,
balance sheet and cash flow (Treasurer)
Oct.

Review YTD & forecasted year-end financial
performance vs. budget - income statement,
balance sheet and cash flow (Governor/
Treasurer & Chapter Council)
Nov.

Review YTD & forecasted year-end financial
performance vs. budget - income statement,
balance sheet and cash flow (Treasurer)
Dec.

Review YTD & forecasted year-end financial
performance vs. budget - income statement,
balance sheet and cash flow (Treasurer)
Strategic/ Operational Plan and Budget
 Review current year strategic/
operational plan performance and key
metrics (Governor/ Treasurer & Chapter
Council)

Review and approve next year strategic/
operational plan and annual budget for
(Governor/ Treasurer & Chapter
Council)
Investments & Reserves
 Review YTD overall investment
performance and individual fund
managers’ performance vs.
benchmarks (Governor/ Treasurer &
Chapter Council)
 Review donor and endowment fund
uses and balances (Governor/
Treasurer & Chapter Council)
 Review YTD overall investment
performance and individual fund
managers’ performance vs.
benchmarks ( Treasurer)
 Review YTD overall investment
performance and individual fund
managers’ performance vs.
benchmarks (/ Treasurer)
 Review YTD overall investment
performance and individual fund
managers’ performance vs.
benchmarks (Governor/ Treasurer &
Chapter Council)
 Assess asset allocation (Governor/
Treasurer & Chapter Council or
Finance Committee)
 Assess fund manager compliance with
strategy (Governor/ Treasurer &
Chapter Council or Finance
Committee)
 Review donor and endowment fund
uses and balances (Governor/
Treasurer & Chapter Council)
 Review YTD overall investment
performance and individual fund
managers’ performance vs.
benchmarks (Treasurer)
 Review YTD overall investment
performance and individual fund
managers’ performance vs.
benchmarks (Treasurer)