Where Does My Money Go?
When you generously donate to OSIP in any capacity, you can be certain that your money is being used to further our mission to renew the standard of sportsmanship.
OSIP generally divides its finances into three informal categories:
The general operating budget ensures that OSIP can pay its bills and provide compensation to those who work for the foundation. Bills can include postage, website costs, marketing costs, and office supplies, for example. Executives and contractors are fairly compensated for their time and work. (The board of directors and other volunteers are not compensated for any work or reason except out-of-pocket expenses that they should not otherwise be required to cover.) The general operating budget is funded by unrestricted and anonymous donations not otherwise earmarked for specific purposes.
Financial aid and assistance is available upon request by the victims of acts of aggression stemming from poor sportsmanship. When the behavior of poor sportsmanship leads people to be physically assaulted and accrue medical bills and other costs that become burdensome, the victims or their representatives contact OSIP and ask for help. After a complete and thorough examination of the situation, the board allocates funds to be distributed to these victims to aid them in their recovery.
Many victims face legal battles stemming from their assaults. The lawsuits usually entail financial compensation, which complicates the process of ensuring the victims receive the necessary medical care required to reach maximum medical improvement. Insurance companies can deny treatment and subrogate costs, leaving victims in dire financial situations where they are unable to earn a living wage and pay the bills associated with the normal cost of living. When asked, OSIP can step in and help victims cover these costs, providing peace of mind during troubling times.
The funds for financial aid and assistance are derived from the surplus unused from the general operating budget as well as restricted funds earmarked specifically for this purpose.
Program funding supports the execution of OSIP's programs that raise awareness for the renewal of good sportsmanship. Each program has specific costs associated with its operation, ranging from printing award certificates to purchasing the hardware to hang signs at sports complexes. The funding for these programs comes from various sources, including the fee-for-service structure from these programs, grants providing restricted funds for specific programs, and the general operating budget.
OSIP generally divides its finances into three informal categories:
- General operating budget
- Financial aid and assistance
- Program funding
The general operating budget ensures that OSIP can pay its bills and provide compensation to those who work for the foundation. Bills can include postage, website costs, marketing costs, and office supplies, for example. Executives and contractors are fairly compensated for their time and work. (The board of directors and other volunteers are not compensated for any work or reason except out-of-pocket expenses that they should not otherwise be required to cover.) The general operating budget is funded by unrestricted and anonymous donations not otherwise earmarked for specific purposes.
Financial aid and assistance is available upon request by the victims of acts of aggression stemming from poor sportsmanship. When the behavior of poor sportsmanship leads people to be physically assaulted and accrue medical bills and other costs that become burdensome, the victims or their representatives contact OSIP and ask for help. After a complete and thorough examination of the situation, the board allocates funds to be distributed to these victims to aid them in their recovery.
Many victims face legal battles stemming from their assaults. The lawsuits usually entail financial compensation, which complicates the process of ensuring the victims receive the necessary medical care required to reach maximum medical improvement. Insurance companies can deny treatment and subrogate costs, leaving victims in dire financial situations where they are unable to earn a living wage and pay the bills associated with the normal cost of living. When asked, OSIP can step in and help victims cover these costs, providing peace of mind during troubling times.
The funds for financial aid and assistance are derived from the surplus unused from the general operating budget as well as restricted funds earmarked specifically for this purpose.
Program funding supports the execution of OSIP's programs that raise awareness for the renewal of good sportsmanship. Each program has specific costs associated with its operation, ranging from printing award certificates to purchasing the hardware to hang signs at sports complexes. The funding for these programs comes from various sources, including the fee-for-service structure from these programs, grants providing restricted funds for specific programs, and the general operating budget.