User:Econterms/Treasurer duties and updates

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Revision as of 00:44, 20 April 2013 by Econterms (talk | contribs) (clarification on treasurer duties re grants cmte)
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I'm the treasurer of this chapter as of the February 2013 chapter board meeting and I'm figuring out here.

  • Each month I'm to send a report to the board on the chapter's cash position, and a report from the Fundraising committee, and a report from our Grants-giving committee. The summary becomes public after Board approval, which is routine each month.
  • As chair of grant cmte I shall give feedback on grant applications to the president, then for approved grants I'm to work out with the applicant how and when the money is transferred (see http://wikimediadc.org/wiki/Grants_policy, Articles IV and V).
  • Our cash position is stable and improving. We can host routine events and we have an important grant application in to the Wikimedia Foundation; with that we can hold a big event too. Members are joining at a good clip, and we need more.
  • Accounting standards: We're to follow GAAP.
  • Note of interest: It is conceivable that Wiki DC could get a federal contract ; e.g. for a Wikimedian in residence or a NARA project. These are longshots.