Minutes:25 SEP 2024 Financial Planning: Difference between revisions
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Created page with "Meeting begins: Meeting ends: Meeting attendees: Nate Y. * Budget notes: ** Plans to move money to UMCU *** Joe will look into doing this after Art Fair, ca. July 24th. Will report back at the August Members' Meeting. ** create system to pay contractors *** Joe: This needs to be made so we can pay for contract work, e.g. LaunchX staffing *** Checks seem to be the preferred method as there is no overhead *** Google Drive storage for signed contracts, Google Form to..." |
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Meeting begins: | Meeting begins: 2007 | ||
Meeting ends: | Meeting ends: 2026 | ||
Meeting attendees: Nate Y. | Meeting attendees: Nate Y., Jame K., Joe D. | ||
* Budget notes: | * Budget notes: | ||
** Plans to move money to UMCU | ** Plans to move money to UMCU | ||
*** | *** Final plan is to move the remaining buffer funds to UMCU after a while, but mostly the Huntington account is good to be closed once we're sure nothing is drawing from it (yearly expenses, etc.) | ||
** create system to pay contractors | ** create system to pay contractors | ||
*** | *** This is mostly done | ||
*** | *** Need to be more disciplined about getting contracts signed | ||
* Grants: | * Grants: | ||
| Line 22: | Line 19: | ||
***** Jame: could use it to fund an expansion? | ***** Jame: could use it to fund an expansion? | ||
***** Jame will research needs to get us started | ***** Jame will research needs to get us started | ||
*** Jame will get the ball rolling in a Google Doc, Nate can support needs | |||
* Action items: | * Action items: | ||
** Schedule meeting for EOY fundraiser: reach out to engaged AHA folks and see when a good time would be to discuss as a group. | |||
*** Nate will post a link with a poll on which days/times, during the next couple weeks, are good for a meeting | |||
** Cash deposit schedule/rotation? - Nate | |||
*** Joe would like someone else to tally up how much is needing deposit, post in chat. Nate will tally up money in an envelope, Joe will deposit periodically. | |||
** Future SEO/Adwords discussion: defer until after strategic planning - strategic planning still needs to be planned! | ** Future SEO/Adwords discussion: defer until after strategic planning - strategic planning still needs to be planned! | ||
*** Joe: will set up a time to get a strategic meeting on the calendar w/in the next couple months | *** Joe: will set up a time to get a strategic meeting on the calendar w/in the next couple months | ||
** Find other ways to get help on writing grants? Can we reach outside of the organization for help? | ** Find other ways to get help on writing grants? Can we reach outside of the organization for help? | ||
Latest revision as of 20:26, 25 September 2024
Meeting begins: 2007
Meeting ends: 2026
Meeting attendees: Nate Y., Jame K., Joe D.
- Budget notes:
- Plans to move money to UMCU
- Final plan is to move the remaining buffer funds to UMCU after a while, but mostly the Huntington account is good to be closed once we're sure nothing is drawing from it (yearly expenses, etc.)
- create system to pay contractors
- This is mostly done
- Need to be more disciplined about getting contracts signed
- Plans to move money to UMCU
- Grants:
- SA2T - Sarah
- Ann Arbor Area Community Foundation
- Grant programs open - James A. and Faith Knight Foundation: https://www.aaacf.org/news/james-a-and-faith-knight-foundation, https://www.knightfoundationmi.org/funding-priorities/ - closes September 30th, possibly when money runs out
- Grants for operating costs? While it's possible, this is likely not as promising vs. a targeted plan of action.
- Jame: could use it to fund an expansion?
- Jame will research needs to get us started
- Grants for operating costs? While it's possible, this is likely not as promising vs. a targeted plan of action.
- Jame will get the ball rolling in a Google Doc, Nate can support needs
- Grant programs open - James A. and Faith Knight Foundation: https://www.aaacf.org/news/james-a-and-faith-knight-foundation, https://www.knightfoundationmi.org/funding-priorities/ - closes September 30th, possibly when money runs out
- Action items:
- Schedule meeting for EOY fundraiser: reach out to engaged AHA folks and see when a good time would be to discuss as a group.
- Nate will post a link with a poll on which days/times, during the next couple weeks, are good for a meeting
- Cash deposit schedule/rotation? - Nate
- Joe would like someone else to tally up how much is needing deposit, post in chat. Nate will tally up money in an envelope, Joe will deposit periodically.
- Future SEO/Adwords discussion: defer until after strategic planning - strategic planning still needs to be planned!
- Joe: will set up a time to get a strategic meeting on the calendar w/in the next couple months
- Find other ways to get help on writing grants? Can we reach outside of the organization for help?
- Schedule meeting for EOY fundraiser: reach out to engaged AHA folks and see when a good time would be to discuss as a group.