Finance Committee

The purpose of the Finance Committee, which will meet monthly, is to increase board engagement, improve transparency and generate broader understanding of SCGIS financial activities. These include to improve understanding of the diversity and amount of income assets, sources, and expenses, to assess costs and sustainable financial structures for supporting existing society activities and developing new activities as authorized by the board, to demonstrate fiscal responsibility to our existing and potential donors, and to ensure full compliance with all Society reporting obligations as a 501(c)3 organization.  
 
Initiating this committee will bring broader transparency to SCGIS fiscal management and planning, will help retain institutional memory from previous SCGIS Treasurer leadership, will provide essential information to budgeting for the implementation of current and future organizational programs and activities, and will build capacity for new at-large members who have expertise and formal training in financial management.