OUR MISSION

1- ... that no pet owner be forced to choose inadequate treatment or euthanasia for their animal because of inability to pay for emergency medical care.
2- ... that people who receive financial help for a veterinary emergency be given the opportunity to return their gift by becoming mentors, by volunteering for VEFM, or by supporting the VEFM fund financially.
3- ... that it is the responsibility of both the local pet-owning and veterinary communities to make emergency care available--that this is not a national responsibility but a grass-roots responsibility.
4-... that the vision of VEFM will extend to communities all across the United States, possibly even the world.

Sunday, August 9, 2009

Accounting Calculation Challenge......to make VEFM self-sustainable

How much do we need in the bank and how much needs to be coming in each month in pledges and subscriptions in order to make VEFM financially self-sustainable?

That question may leave you scratching your head, but there is a real challenge in it, for all you financial whizzes. The only way VEFM is going to be of any lasting benefit to pet owners in need is to have a large enough stash of money in the bank (or in liquid investments) and to have a large enough monthly income stream (from pledges and subscribers) to become self-sustainable, without having to go straight to individual donations for everything we do.

Here's what I mean---

(1) A certain amount of money in the bank will generate enough monthly interest income to be able to use the interest without tapping into the principal. Let's call the money in the bank, "B". Let's call the interest, "E".

(2) Monthly subscriptions and pledges can be budgeted to assume a monthly income stream of, say, "S". Let's call the number of individuals who pledge, "P", and the monthly pledge amount per person, "D".

(3) We will have to decide how many animals we expect to help each month--call this number, "A".

(4) We will also have to decide how much we expect to pay out for the average animal helped--call this number, "H". That leaves a total amount needed per month (called "M") as A X H.

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Let's arbitrarily decide that our early goal is to help ten animals each month, with an average amount paid out to be $1,000. A = 10. H = 1000. Therefore, M = A X H = $10,000.

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HERE'S THE CHALLENGE---

(1) How much do we have to raise in out-and-out donations, to put in the bank?.....In other words, what is "B"?

(2) What is a reasonable number of people we can expect to donate a monthly amount?.....In other words, what number is a reasonable goal for "P"?

(3) What is a reasonable monthly pledge for the average person to make?.....In other words, what number is a reasonable goal for "D"?

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TwitThis

Posted by Dr. Schroth at 8:01 PM

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Do You Need Assistance to Pay for Emergency Treatment?

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~ ~ ~ ~ ~WE CANNOT HELP YET~ ~ ~ ~ ~

PLEASE HELP US, SO THAT WE CAN HELP OTHERS

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UNTIL WE ARE SET UP TO ACCEPT APPLICATIONS, PLEASE REFER TO THE FOLLOWING LIST OF ORGANIZATIONS WHO MAY BE ABLE TO HELP:

CATS ONLY:

http://www.fveap.org/sys-tmpl/door/ --Calif. only; cats only;

http://www.catsincrisis.org/ --Cats only;

==============================================

DOGS ONLY:

http://www.labradorlifeline.org/ --Labs only

http://www.doberman911.org/index.html --Dobermans only

http://www.pbrc.net/fund/financial.html --Pit Bulls only
==============================================

DOGS OR CATS (OR OTHERS):

http://www.uan.org/index.cfm?navid=28http://www.pawssf.org/client_overview.html --Senior citizens only; San Francisco only;

http://www.help-a-pet.org/apply.htmlhttp://www.aahahelpingpets.org/http://www.petsamaritan.org/Medical/http://www.browndogfoundation.org/home --Tenn. only

http://www.myjakebrady.com/memorial_fund.shtmlhttp://www.saveuspets.org/about_saveuspets/info_pet_owners.html --N.J. only;

http://www.thepetfund.com/http://www.actorsandothers.com/emergencyhelp.html --Greater Los Angeles area only

http://www.ashleyfund.org/index.html --N. Carolina only

http://www.nysave.org/about.html --NYC only (5 boroughs)

http://www.bearenfoundation.org/funding.htm --Lane county, Oregon only

http://www.pgaa.com/animalhelp.html -- list of agencies that help injured animals

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