SGA Finance Committee Meeting Minutes Date: Wednesday, October 15th, 6:15p-7:45p Location: Gilman 119 Notetaker: Amy Xu Agenda Items • APTT QualiTEA Funding bill o Is it possible to fund APTT event if APTT is not technically a RSO? o Conditional pass – will only allow to second reading if 50% of bill is funded by another department • Visit from HopTHON Executive Director Sofia Sileo o LEED Office (Brandon) is telling them to put requests in with the assumption that we’ll allocate the money o HopTHON relies completely on SGA $ to operate, since Children’s Miracle Hospital Network does not allow funding outside of that. o End of year 12h fundraising marathon cut because of lack of participation, instead transitioning to smaller but more events across the semester and in the spring ▪ These events will involve 40 different orgs, like FSL and JHOC • How are those little orgs getting money? ▪ Peer to peer fundraising, asking professors o Big fundraising push is in the spring, but having the $ ASAP allows them to prep ASAP which increases their chance of success at fundraising [their $ goal?] ▪ How much time do they need? When do they need the money by? ▪ Fundraising window is until the end of March o They typically get $5000 per semester o They expect a difference between current budgets and past budgets because of event restructuring • Visit from JH Model United Nations Team VP Adi o MUN were also told that they would get reimbursed: Yvette (MUN Treasurer) said Crystal said LEED would reimburse MUN, so they should go ahead and book travel and lodging at the beginning of the semester o Clarification from last time: International Studies dept. Funding ($10k, arison grant?) is going towards MUNC not MUN Team ▪ No Dean’s office funding anymore either? o $7000 would be enough to send people and get the same # of awards, $6000 would be enough for functioning Present Absent Imad Ahmed Ryan Garza Mamadou Thiam Paul Woo Amy Xu Juan Hidrowoh Rebecca Wu Mercedes Rend Steven Amanat Zoe Gaillard Anisha Rasamsetty Kevin Xu o Numbers: ▪ 52 people on the team ▪ 9-10 comps per year, ish ▪ Avg cost for a comp is • Fall is $3.3k o How/how much are they fundraising? ▪ SNF grant ▪ Some nonzero amount of funding from IS for Chicago MUN, around $100 per person for 12 people, with delegation fee ▪ Chipotle fundraiser ▪ Accepting donations ▪ Also apporaching thinktanks and private companies • But not very productive because the policy space in the DMV area is currently preoccupied with elections o Also why are they $3k in debt?? --> need to address with LEED o Cost cutting alr – traveling on greyhounds (which are slightly unsafe...?) • Imad will talk to Charles abt all of this!! Weird miscommunication with LEED... o 10/20/25 update: Both Imad and Amy will be going to the LEED office to get some answers! • Questions for Crystal: o How to input purchasing request into HG? --> issue with Nat’l day of failure funding bill o Borrowing inventory from different clubs o Where is our money coming from?? Alumni fund? Family fund o Are event grants open?
Finance Committee Meeting — Minutes (10/15/25)
Filed in Drive as “10.15.25 SGA Finance Committee Meeting Minutes.pdf”
This document is from a previous session and is kept for the record. It may have been amended or replaced since.