As SCORE moves toward the end of its fiscal year, it’s time to look at our budgets. As you know, in April, SCORE received an increase in funding from Congress. Unfortunately, it was late in the year to get the increase, and it took time to let the field know how much their national allocation increased. The RVPs have now informed the field of the amount of national allocation for the year. If your chapter is not forecasting to use their entire national allocation, that is okay. Do not feel like this is a use or lose situation. Please inform your District Director, RVP, and/or me. Under the philosophy of one SCORE, there are many SCORE chapters, Districts, and projects that need funding to which we can reallocate the funds.
Currently, the field operations team and finance team are working together on providing more budgeting assistance for the field for FY23. Please stay tuned for more information in the weeks and months ahead.
Thank you for all you do for SCORE.
Rick Peluso
VP of Finance