Annual Report FY 2018 | Page 4

As we strive to“ be a model of environmental stewardship,” we have implemented strategies to reduce vehicle emissions and noise pollution, utilize cleaner and more efficient energy sources, and enhance the sustainability of our grounds maintenance procedures. And we have incorporated a staff-driven“ working group” model for sustainability to create a healthier environment for our employees and visitors and for the wildlife seeking shelter within our 175 acres.
It is impossible to include all that has been accomplished in the past year in this report, but we hope that the highlights on the following pages provide a good sense of the wide range of activities that make up a year at Mount Auburn Cemetery, beginning with the two largest and most visible projects – the renovation of Bigelow Chapel and the rejuvenation of Asa Gray Garden. These two projects have been in the planning stages for several years and are the latest in our multi-year phased efforts to improve the aesthetics and functionality of the Front Entrance area. While significant progress was made during FY2018, both projects will be completed during FY2019.
As indicated in the Treasurer’ s Report( p. 13), Mount Auburn is in excellent financial condition and positioned well to carry out our exciting vision. Our business model commits to blending operating revenue from endowment, earned income, and fundraising under disciplined financial management. Since our founding, we have directed a major share of our lot sales revenue to building the endowment, and we continue to do so. Endowment funds are largely restricted to meet our perpetual care obligations. Fundraising, through the Friends of Mount Auburn, supports visitor services, education, and a wide range of special projects related to horticulture, wildlife habitat, preservation, and historical collections. We believe that this strong, balanced approach – endowment, earned income, and strategic philanthropic investment – is a model for financial sustainability and supporting innovation.
A complete financial statement for the Friends of Mount Auburn can be found on page 16. A list of those who made gifts to the Friends during the Fiscal Year begins on page 26. Their support has made possible many of the projects outlined in this report.
We are proud of our great team of dedicated staff, Trustees, volunteers, and supporters who make Mount Auburn such a special place, and we greatly appreciate all the families we serve and all the individuals and organizations who embrace and support our mission and vision.
We respectfully submit this report and encourage you to visit the Cemetery frequently.
David P. Barnett President & CEO
Patricia B. Jacoby Chair, Mount Auburn Cemetery Board of Trustees