FINANCIAL MANUAL 2014-2015 JHU CENTER FOR SOCIAL CONCERN GROUP BUDGETS • Groups are funded each year based on their budget proposal. The CSC staff reviews the proposal and determines the grant amount. There is a grant cap of $2,000. Money is very tight due to the high number of groups, so groups may not receive all funding requested. Grant notification will be sent in early October. • Budget balances carry over from year to year, so returning groups that were active last year start with what they had left at the end of the prior year. • We will only reimburse for things outlined in the budget proposal. We can and will withhold reimbursement for expenditures that were not in the budget proposal. For any changes/additions to the budget throughout the year, contact Carolyn. GROUPS ARE EXPECTED TO KEEP TRACK OF THEIR BUDGETS AND NOT EXCEED THE AMOUNT AWARDED THEM. • No group will have access to their funds until their financial officer has received the financial training. • All group financial activities must be processed through the CSC. Carolyn Mack is the budget advisor to all Center for Social Concern groups. The Office of Student Activities is an entirely separate operation and will not be able to help you. • Groups can request an in-person budget reconciliation at any time, but those meetings must be scheduled in advance. • If a group needs to know their budget number, please call the main number, 410-516-4777 or email Carolyn: [email protected] or Susan: [email protected] OTHER FUNDING SOURCES • If groups wish to raise funds beyond the grants they receive from the CSC, there are several ways to do this. • Within the University, groups can obtain funds through various JHU grant programs: • the Alumni Student Grants Program • the Student Life Programming Grant • the Faculty Involvement Grant • The Urban Health Institute Small Grant • And the Credit Union T-Shirt Grant • Groups must let the CSC know if they have received any of the above grants. • All Alumni Grant proposals must be signed by the group’s CSC Staff Advisor. • Groups may ask any JHU department to contribute to their organization. Please have the donating department email Carolyn: [email protected] • Groups may seek small donations from local businesses, many of whom have donated to CSC groups. Donation checks should be taken to the CSC for deposit. • At this time, the university does not have the capabilities to accept electronic donations from PayPal, so groups may not raise funds via PayPal. FUNDRAISING EVENTS • Groups may have fundraising events. An Event Outline must be submitted to the group’s CSC Staff Advisor at the beginning of the semester in which the event will take place. • Groups may borrow a JCard reader for fundraising events – from ID Card Services, 52 Garland Hall. Groups must abide by ID Card Services’ Loaner Equipment Agreement. • For events that bring in cash, the group financial officer must first make a record of the total monies received. After that has been done, take the money to the CSC for deposit. For cash deposits, please bundle the money separated by denomination – no large quantities of coins, please. At the CSC, a receipt will be given for the deposit amount. • All fundraiser cash and checks should be taken to the CSC for deposit within 3 business days. GRANTS • STUDENTS MAY NOT INDEPENDENTLY SOLICIT GRANT FUNDING FROM OUTSIDE ORGANIZATIONS, AND WE DISCOURAGE GROUPS FROM DOING SO. • Grants management is something the University takes very seriously, and proposing/receiving/managing/closing out a grant is often a multi-year process. • If groups receive money from an outside organization, it must be labeled a “GIFT” with no restrictions regarding the way it is spent. • If a group has plans to solicit any kind of funds from an outside organization – this may include gifts, prizes, or donations – the group MUST first get approval from their CSC Staff Advisor. MAKING PURCHASES • WHENEVER POSSIBLE, GROUPS SHOULD ASK THE CSC TO MAKE PURCHASES FOR THEM. In most cases, purchases can be made by the CSC via credit card, purchase order, or direct invoice from a vendor. The CSC has established relationships with many preferred vendors, so please contact the CSC for vendor recommendations before placing orders. Also, JHU gets preferred customer pricing and next day delivery from Office Depot. • Any vendor that is not already in the university vendor system MUST BE WILLING TO SUBMIT A W-9 TAX FORM TO THE UNIVERSITY in order to be assigned a vendor number so that payment can be made. • All vendors must be paid by check or credit card. We cannot approve or facilitate payments of cash. • Students and employees of the university may not enter into contracts with vendors. All contracts must be signed by the Purchasing department. • In the event that a group has to make a purchase in a retail establishment, that must be done on a reimbursement basis. See the section “Getting Reimbursed”. GETTING REIMBURSED • In the event that a group member must make an out-of-pocket purchase, the following rules apply: • The university will not reimburse for sales tax. The CSC has a supply of university tax exempt cards, which should be used for every retail purchase. All sales tax will be deducted from the total of any reimbursement. Please stop by the CSC for a tax exempt card if your group plans on making retail purchases. • ALL RECEIPTS BROUGHT TO THE CSC FOR REIMBURSEMENT MUST BE INITIALLED BY THE GROUP’S FINANCIAL OFFICER. NO EXCEPTIONS. • The individual who needs reimbursement – not the group Treasurer – should take all receipts to the CSC between the hours of 9AM-5PM. • For reimbursements LESS THAN $100, take the ORIGINAL receipt(s), initialed by the treasurer, to the CSC between the hours of 9AM-5PM for a Petty Cash Voucher. Petty Cash Vouchers can be cashed at the Petty Cash window in the basement of Garland from 10AM-2PM, Monday through Thursday. • For reimbursements OVER $100, a check must be requested. After the check request has been placed, the reimbursement check should be received by mail within 2 weeks – unless the student is a JHU employee with direct deposit, which is faster. • RECEIPTS ARE ONLY ACCEPTED UNTIL THE END OF ANY GIVEN SEMESTER. • Reimbursements of outside parties cannot be guaranteed. This often happens when purchases are made by a non-JHU affiliate who advises a group. Please contact us if further clarification is needed. • PLEASE be careful with receipts. If a receipt is lost, reimbursement cannot be made unless a Missing Receipt Affidavit is filed with a detailed explanation of the purchase and why the original receipt is missing. POLICY FOR PHILANTHROPY • An Event Outline must be submitted to the group’s CSC Staff Advisor at the beginning of the semester in which the event will take place. • The charity/organization must be approved by the CSC before proceeding with the fundraiser. • Event expenses - food, venue rental, AV, security, facilities, etc. - must come out of the proceeds from ticket sales. Groups may do outside fundraising for event expenses, as CSC/France Merrick funds cannot be used for fundraising event expenses. • All donations for international groups must go through a stateside relief organization, i.e., International Red Cross, Rotary, etc. • Paperwork to get the charity/organization into the JHU vendor system (for payment purposes) must be completed before the event. • All money collected at fundraising events must be brought to the CSC for deposit - within 3 business days. Please bundle the money separated by denomination – no large quantities of coins, please. A receipt will be given to the group at that time. TRAVEL AND VAN USAGE NEW THIS YEAR • All university groups must rent vans from JHU Transportation Services. Reservations are taken on a first-come, first-served basis. • All of the info is at ts.jhu.edu. All group leaders and van drivers should look at the website and read the Van Manual to become familiar with the fees and various fines. • A budget number is required to complete the online van reservation form. Please contact the CSC for your budget number. • 2 of the vans have been dedicated to CSC group activity. CSC groups will be assigned one of these vans unless they are already in use. If there is no CSC van available, the group will be assigned one of the other 10 vans in the fleet. • The $15 per usage fee will be waived for the 2 CSC vans, and the mileage will be charged at a rate of $0.25 per mile. • The fees for using the other 10 vans will be a $15 per usage fee plus mileage charged at a rate of $0.75 per mile. • Groups are not required to put gas in any van. Transportation Services refuels the vans and the cost of that is included in the per mile charge. In the event that a group has to put gas in a van, the cost will be deducted from the charges. The gas receipt should be brought to the CSC for reimbursement. • Group leaders will be notified each month of their van charges for the prior month. • If students use their own vehicles for service, we will reimburse by paying for mileage, using the federal mileage rate. A CSC mileage log (which can be found on our website) must be kept to record the mileage. Please be aware that students using their own cars are under their own insurance, not the University’s. • If a CSC van is not available and group members use a ZipCar to get to service locations, we reimburse only for the rental charges – not the membership fee. We need the invoice (initialed by the financial officer )to do a reimbursement. CSC COPIER POLICY • Most group copying can be done on the CSC copier at 3103 N. Charles. • The copier is available from 8:30AM - 5:00PM, Monday – Friday. • Groups must stop at the CSC reception desk to request access to the copier. Groups must record all copying in the copy log at the CSC reception desk. • You may email (before your arrival) a copy of a document you will be printing at the CSC to [email protected] • Since the CSC provides copying to the service groups at no charge, we must limit groups to 500 black & white copies per event/copy job. Groups are limited to 20 color prints per copy job. • Groups needing copies in excess of these amounts need to make arrangements with an outside copying vendor such as Kinko’s. This expense is reimbursable – if included in the group’s budget proposal. • CSC GROUPS MAY NOT USE THE MATTIN COPIER AT THE OFFICE OF STUDENT ACTIVITIES OTHER BUSINESS University Policy Regarding Gifts • There is a strict $25 limit for gift cards or any other gifts given to any individual a group wants to thank in that way. Anything in excess of a $25 value is considered income. We will be required to report this to JHU Payroll, and the recipient will receive a 1099 tax form. Tees • Groups are expected to pay for ½ the cost of any tee shirts ordered for use while volunteers are working on-site. We feel this reflects a level of commitment from the student volunteers. The out-of-pocket costs to them are usually only $5-7. • The cost of any tees used for fundraising purposes must be paid for out of the proceeds. The CSC can front the money, but it must be repaid in full. • Groups’ France Merrick grants will pay ALL of the costs of tees for any youth sports teams being mentored. This request must be in the grant proposal. CHEAT SHEET Do! • LET THE CSC MAKE YOUR PURCHASES! • Record all financial transactions • Initial all receipts – people with un-initialed receipts will be sent back to their treasurers • Always use the tax exempt card for in store purchases - tax is never reimbursed! • When making deposits, keep checks separate and cash sorted by denomination– no large quantities of coins, please • All events require an Event Outline be submitted to the group’s CSC Staff Advisor at the beginning of the semester in which the event will take place • KEEP IN TOUCH – keep the CSC apprised of any budget changes Don’t! • • • • • • Overspend the budget Ask to be reimbursed for items NOT in the budget proposal Hold on to receipts until the end of the year/semester Reimburse anyone with your own personal funds Ever sign off on contract with a vendor Lose receipts GENERAL INFO • The university does not reimburse for sales tax • Receipts LESS THAN $100 can be reimbursed by Petty Cash Voucher, which can be obtained at the CSC main desk • Receipts OVER $100 must be reimbursed by Check Request, which takes longer. See Carolyn • The CSC does reimbursements from 9-5, Mon. – Fri. Record-keeping • Good financial record-keeping is essential for group sustainability! The group financial officer MUST KEEP A RECORD OF EACH FINANCIAL TRANSACTION THE GROUP MAKES. Each financial transaction should be listed with the date, a brief description, the name of the person who made the transaction, the category, and the amount. ALL POLICIES CONTAINED IN THIS DOCUMENT APPLY TO CSC STUDENT VOLUNTEER GROUPS ONLY.