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STATE LEVEL BUDGETS |
Superfund and Superfund Budget
- Purpose
- Source of funds
- How managed
NY State Superfund Committee
NY State Superfund Committee Members
- Superfund Process Flow
- Superfund Filing Calendar
- Expenditures
Operating Budget
- Purpose
- Source of funds
- How managed |
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SUPERFUND AND SUPERFUND BUDGET |
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Purpose |
The Wild Turkey Super Fund, here after referred to as Super Fund, was established in 1985 to fund wild turkey restoration, management, and other National Wild Turkey Federation (NWTF) projects. The Super Fund pools money generated by NWTF chapters, individual contributors and corporate donors to benefit the wild turkey. This account is administered jointly by the state & local chapter(s), state wildlife agency, and the NWTF. Throughout the year local NWTF chapters hold fund raising banquets that generate the funds that are utilized through the Super Fund system. Each year the New York State chapter and its Super Fund Committee work out a budget, and plan for the year ahead to best utilize the funds available and to fund programs & conservation projects. Local Chapters utilize the funds by submitting to the State Chapter and gaining approval for submissions that meet National & State guidelines for Super Fund Programs & Projects.
The Super Fund takes full advantage of the NWTF professional staff, ensuring that funds are spent only for priority projects at the state, and national level, in the most efficient manner, and with full financial accountability. The accounting and daily administration is handled by the staff at The NWTF Wild Turkey Center and is designed to ensure accountability and maintain consistent management of the fund. This gives chapters the ability to generate funds for the wild turkey, in support of the NWTF's mission, with the assurance that they will also have a major role in helping spend the money on quality wild turkey projects. |
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Source of funds - How Super Fund Income is determined |
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Super Fund deposits come primarily from local chapter Super Fund Banquets & Direct Donations. The following income percentages from banquets are derived from the "net-net" proceeds, which is the resulting profit after memberships, merchandise costs, and banquet expenses are deducted from the gross income. Fifty-six percent (56%) of the "net-net" is deposited in the State Super Fund. This money is used to support priority wild turkey projects in the state or province where the money is raised. Twenty-four percent (24%) of the "net-net" is deposited in National Projects Fund and used to support wild turkey projects that have national or regional significance. Fifteen percent (15%) is used by the NWTF for program management. Four percent (4%) is returned to the local chapter, and one percent (1%) is returned to the State Chapter for programs at these levels. A pie chart showing the percentages is shown below. Direct donations are deposited to the State Super Fund or National Projects as so determined by the donor. |
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