A. SGB recognizes competitive sports as valuable on-campus opportunities for students, as well as the financial obstacles facing many club sports. As such, SGB may aid competitive sports in mitigating the high costs of operating.
B. However, SGB also recognizes a student’s decision to participate in a competitive sport on campus as an acknowledgement of the costs associated with participating. Because it is SGB’s general funding philosophy to be a source of financial assistance and not a source of primary funding, the level of funding an organization is eligible to receive shall be tied directly to the level of financial contributions put forth by the organization itself through dues, fundraising, and out of pocket …show more content…
2. For any additional money that a student organization contributes above
$15,000 towards team expenses, SGB may match up to one-third (i.e., a
$1:3 ratio) of the organization’s total financial contribution deposited in its
SORC account during the prior fiscal year.
D. The overall SGB contribution cap for all expenses shall not exceed $10,000 for competitive sports with submitted roster sizes of fewer than 50 students, $11,000 for club sports with submitted roster sizes of 50-59 students, $12,000 for club sports with submitted roster sizes of 60-69 students, $13,000 for club sports with submitted roster sizes of 70-79 students, $14,000 for club sports with submitted roster sizes of 80-89 students, and $15,000 for club sports with roster sizes of greater than 90 students.
E. Clubs’ maximum caps may be adjusted in the middle of a fiscal year at the clubs’ request if their submitted roster size increases to a higher tier of eligibility.
F. SGB recognizes that some student groups may not generate enough revenue to justify allowing SGB to determine how many deposits were made into the …show more content…
Consequently, SGB may fund for pre-professional organizations to attend conferences with a predominantly career-oriented focus, as long as the information acquired at the conference can be brought back to campus to benefit all of the organization’s members. Item 5. Funding for All other Categories
A. The philosophy of shared responsibility for funding applies to all eligible organizations. B. In order to make consistent decisions regarding funding for eligible organizations,
SGB employs standard decision criteria to all program requests: purpose, need, value and impact, importance to the organization, timeliness, redundancy, viability, cost/benefit analysis, history and composition of attendance. While most of these criteria relate to the quality of the program, its importance to the organization and its cost effectiveness, the attendance criteria relates directly to the concept of shared responsibility for funding.
C. The more the funding relates solely to the benefit of the organization, is limited to members or involves select members; the expectation of shared funding responsibility on the part of the benefiting members and the organization increases and will affect SGB’s funding