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SHOW ME THE MONEY!

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SHOW ME THE MONEY! Funding Sources & Winning Proposals Student Organization Training Summer 2010 The Student Activities Office Northeastern Illinois University – PowerPoint PPT presentation

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Title: SHOW ME THE MONEY!


1
SHOW ME THE MONEY!
  • Funding Sources Winning Proposals

Student Organization Training Summer 2010 The
Student Activities Office Northeastern Illinois
University
2
FUNDING SOURCES
  • EARNED INCOME
  • DEVELOPMENTAL FUNDS
  • EVENT-BY-EVENT FUNDS
  • ANNUAL FUNDS
  • L.E.A.D. MONETARY AWARDS

3
EARNED INCOME
  • What is it?
  • A declining balance account
  • Each club 1 account
  • Deposits fundraisers, donations, and dues
  • Balance rolls over
  • Most flexible
  • How to use it
  • Earned Income Access Request Form (2 weeks)
  • Decision Director of SAO
  • Purchase all things, all events (except
    alcohol/illegals)
  • Deposits 24 hours (SAO?Cashiers?SAO)
  • Vendor Check vs. Reimbursement
  • Invoices, Contracts
  • Detailed receipts and no tax)

4
DEVELOPMENTAL FUNDS
  • What is it?
  • Student Fees
  • For event-by-event clubs only
  • Club/Organization Internal Development
  • Marketing
  • Recruiting Retention
  • Training of Officers
  • Materials/Resources (specified)
  • 100/semester/club (use it or lose it!)
  • Most restricted
  • How to use it
  • Developmental Funds Request form (2 weeks)
  • Decision COC Chair ? Director of SAO
  • Internal development events ONLY
  • Vendor check vs. reimbursement
  • Invoices, Contracts
  • Detailed receipts no tax
  • Internal development or not internal
    development.. Ask.

5
EVENT-BY-EVENT FUNDS
  • What is it?
  • Student Activity Fee
  • Event-by-Event clubs (70)
  • 90,000 pot
  • Unlimited proposals as funds remain
  • Moderate flexibility
  • How to use it
  • ROE timeline have 1 on file.
  • Event-by-event Funding Proposal form (1 month
    prior to date of event)
  • COC Meeting (Attend no later then 2 weeks prior
    to event)
  • gt1 officer must attend
  • Back Up (quotes, resumes, brochure, menu,
    website)
  • Must submit to COC Chair or SAO w/ proposal
  • 10 Club Contribution
  • Vendor check vs. reimbursement
  • Invoices, Contracts
  • Detailed receipts no tax

6
L.E.A.D. MONETARY AWARDS
  • Clubs 300 award from previous Spr
  • sits in Asst. Director acct (special events)
  • Email Asst. Director, Veronica Rodriguez
    (v-rodriguez9_at_neiu.edu) to request access to the
    funds.
  • Use of funds same as earned income.

7
KEY CONSIDERATIONS
  • Annually Funded What is it?
  • Media, SGA, NPB, BHGC
  • Catering Order Process Form
  • Submit after approval
  • Financial manager (Lakena)will deliver to Sodexo
  • YOU bring the DPV back to SAO
  • Academic Pre-Professional Clubs Academic
    Departments
  • Funding approval automatic? No

8
Why Program On Campus?
  • Primary purpose of Student Activity Fee
  • More students benefit
  • Quality of Campus Life
  • Secondary recruitment tool
  • Funding competition justification
  • Funding more likely

9
Fundraising
  • Be creative and unique
  • Ex Candy sale during Sweetest Day
  • Connect fundraiser to organization purpose
  • Ex Basketball tournament for Health Club
  • Connecting people to the purpose/cause of the
    fundraiser
  • Ex Dance to support charitable cause
  • Think Outside the Box (out to community)
  • Consider the needs of audience
  • Ex Used business management books donations
    sales

10
QUESTIONS?
COMMENTS?
11
We Are Here to Help You!
  • Questions?
  • Help w/ Forms?
  • Internal Challenges?
  • Event Planning?
  • Leadership Challenges?
  • Academic Support?
  • Just to Chat ?
  • The Student Activities Office
  • SU-206
  • 773-442-4660
  • Student-activities_at_neiu.edu
  • www.neiu.edu/deptsao
  • www.orgsync.com

12
CONTACT INFORMATION
  • Sharron Evans sm-evans_at_neiu.edu
  • Vivian Shelton (chair of COC) vvn_shltn_at_yahoo.com

13
GO OFF PROSPER!
  • Thank you
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