Finance Committee Meeting — Minutes (10/15/25)

SGA Finance Committee Meeting MinutesDate: Wednesday, October 15th, 6:15p-7:45pLocation: Gilman 119Notetaker: Amy XuAgenda Items• APTT QualiTEA Funding billo Is it possible to fund APTT event if APTT isnot technically a RSO?o Conditional pass – will only allow to secondreading if 50% of bill is funded by anotherdepartment• Visit from HopTHON Executive DirectorSofia Sileoo LEED Office (Brandon) is telling them to put requests in with the assumption thatwe’ll allocate the moneyo HopTHON relies completely on SGA $ to operate, since Children’s MiracleHospital Network does not allow funding outside of that.o End of year 12h fundraising marathon cut because of lack of participation, insteadtransitioning 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 professorso Big fundraising push is in the spring, but having the $ ASAP allows them to prepASAP 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 Marcho They typically get $5000 per semestero They expect a difference between current budgets and past budgets because ofevent restructuring• Visit from JH Model United Nations Team VP Adio MUN were also told that they would get reimbursed: Yvette (MUN Treasurer)said Crystal said LEED would reimburse MUN, so they should go ahead andbook travel and lodging at the beginning of the semestero Clarification from last time: International Studies dept. Funding ($10k, arisongrant?) 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, $6000would be enough for functioningPresent AbsentImad AhmedRyan GarzaMamadou ThiamPaul WooAmy XuJuan HidrowohRebecca WuMercedes RendSteven AmanatZoe GaillardAnisha RasamsettyKevin Xuo Numbers:▪ 52 people on the team▪ 9-10 comps per year, ish▪ Avg cost for a comp is• Fall is $3.3ko How/how much are they fundraising?▪ SNF grant▪ Some nonzero amount of funding from IS for Chicago MUN, around $100per 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 areais currently preoccupied with electionso Also why are they $3k in debt?? --> need to address with LEEDo 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 getsome answers!• Questions for Crystal:o How to input purchasing request into HG? --> issue with Nat’l day of failurefunding billo Borrowing inventory from different clubso Where is our money coming from?? Alumni fund? Family fundo Are event grants open?