[Imc-finance] Roll call and UCIMC/Global finance update:

Sascha Meinrath meinrath at uiuc.edu
Sun Dec 2 18:15:44 2001


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Sascha here from the Urbana-Champaign IMC with an update on fiscal 
responsibilities:

The UCIMC steering group met today (Dec. 2, 2001) and approved taking on 
global finance responsibilities if this is desired by the global finance 
group.  So now it's up to the global finance group to decide how to proceed.

Here is a draft proposal to get us started talking about how to proceed:

Starting January 1, 2002, fiscal sponsorship of the Global IMC will be 
transferred to the Urbana-Champaign IMC (UCIMC).  Day-to-day management of 
Global IMC fiscal responsibilities will be transferred to the UCIMC finance 
group, which will carry out the decisions of the Global IMC finance 
group.  The UCIMC will set up a bank account for the Global IMC network and 
maintain a minimum of one active liaison with the global finance group at 
all times.  Fiscal sponsorship fees will be set at 4%, but may be 
negotiated on an ad-hoc basis for specific donations in order to keep fees 
to a minimum.

This is only a rough draft and I'm open to all suggestions.

--Sascha Meinrath
Urbana-Champaign IMC

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<html>
<font size=3>Sascha here from the Urbana-Champaign IMC with an update on
fiscal responsibilities:<br>
<br>
The UCIMC steering group met today (Dec. 2, 2001) and approved taking on
global finance responsibilities if this is desired by the global finance
group.&nbsp; So now it's up to the global finance group to decide how to
proceed.<br>
<br>
Here is a draft proposal to get us started talking about how to
proceed:<br>
<br>
Starting January 1, 2002, fiscal sponsorship of the Global IMC will be
transferred to the Urbana-Champaign IMC (UCIMC).&nbsp; Day-to-day
management of Global IMC fiscal responsibilities will be transferred to
the UCIMC finance group, which will carry out the decisions of the Global
IMC finance group.&nbsp; The UCIMC will set up a bank account for the
Global IMC network and maintain a minimum of one active liaison with the
global finance group at all times.&nbsp; Fiscal sponsorship fees will be
set at 4%, but may be negotiated on an ad-hoc basis for specific
donations in order to keep fees to a minimum.<br>
<br>
This is only a rough draft and I'm open to all suggestions.<br>
<br>
--Sascha Meinrath<br>
Urbana-Champaign IMC</font><br>
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