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UA Finboard — Summer 2011 Allocations

Group

Total Requested

Total Allocated

$ Postponed

% Allocated

Vote

Active Minds at MIT

$350

$350

$0

100%

7-0-0

African Students Association

$482

$482

$0

100%

7-0-0

Alpha Phi Alpha Fraternitya

$300

$0

$0

0%

6-0-0

Amnesty Internationalb

$950

$950

$0

100%

7-0-0

Animec

$3,787

$617

$0

16%

6-0-1

Asian Baptist Student Koinonia

$613

$613

$0

100%

7-0-0

Assassins’ Guild

$945

$945

$0

100%

7-0-0

Association of Puerto Ricansd

$2,615

$1,760

$0

67%

7-0-0

Association of Taiwanese Students

$470

$470

$0

100%

7-0-0

Baptist Student Fellowshipe

$1,150

$1,000

$0

87%

7-0-0

BEEF, mit

$650

$650

$0

100%

7-0-0

Best Buddies

$160

$160

$0

100%

7-0-0

Bhakti Yoga

$900

$900

$0

100%

7-0-0

Black Students’ Unionf

$5,600

$1,100

$4,000

69%

7-0-0

Black Women’s Allianceg

$1,050

$900

$0

86%

7-0-0

Brain and Cognitive Sciences Society

$1,630

$1,630

$0

100%

7-0-0

Campus Crusade for Christ

$1,410

$1,410

$0

100%

7-0-0

Casino Rueda Grouph

$1,115

$715

$0

64%

7-0-0

Caving Club

$2,247

$2,247

$0

100%

7-0-0

Chess Clubi

$594

$554

$0

93%

7-0-0

Chinese Students’ Clubj

$1,515

$1,195

$0

79%

7-0-0

Concert Band

$280

$280

$0

100%

7-0-0

Curling Club

$150

$150

$0

100%

7-0-0

Debate Teamk

$2,400

$1,500

$0

63%

6-0-1

EASEl

$180

$130

$0

72%

6-0-1

EMS, MITm

$1,185

$1,185

$0

100%

6-0-0

Engineers Without Borders

$341

$341

$0

100%

7-0-0

Equestrian Clubn

$1,900

$1,000

$0

53%

7-0-0

Flying Clubo

$2,013

$1,308

$0

65%

7-0-1

Gilbert and Sullivan

$240

$240

$0

100%

7-0-0

Hawaii Clubp

$185

$185

$0

100%

6-0-1

Hillelq

$1,948

$1,748

$0

90%

7-0-0

Hindu Students Council

$810

$810

$0

100%

7-0-0

Hong Kong Student Societyr

$600

$620

$0

103%

7-0-0

Japanese Society of Undergraduates

$365

$365

$0

100%

7-0-0

Korean Students Association

$720

$720

$0

100%

7-0-0

La Union Chicana Por Aztlans

$2,255

$1,730

$0

77%

6-0-0

Lab for Chocolate Science

$365

$365

$0

100%

7-0-0

Logarhythms, MITt

$1,675

$1,025

$0

61%

7-0-1

LSC

$3,050

$3,050

$0

100%

7-0-0

Mes Latinou

$500

$500

$0

100%

6-0-0

Mexican American Engineers and Scientists (MAES)

$295

$295

$0

100%

7-0-0

Minority Business Assoc. (MMBA)v

$550

$0

$0

0%

7-0-0

Movements in Time Dance Company

$490

$490

$0

100%

7-0-0

Mujeres Latinasw

$2,825

$945

$1,880

100%

7-0-0

Musical Theatre Guildx

$860

$860

$0

100%

6-0-0

National Society of Black Engineersy

$1,050

$750

$0

71%

7-0-1

National Society of Collegiate Scholarsz

$650

$381

$0

59%

7-0-0

Network of Sloan Undergraduate Women*

$1,380

$180

$0

13%

7-0-0

Nigerian Students Association

$100

$100

$0

100%

7-0-0

Quidditch

$600

$500

$0

83%

7-0-0

Sala Blacks Project§

$8,450

$8,450

$0

100%

5-0-2

Science Fiction Society, MIT**

$1,500

$0

$0

0%

7-0-0

Shakespeare Ensemble††

$500

$500

$0

100%

7-0-0

South Asian American Students

$180

$180

$0

100%

7-0-0

Southeast Asian Leadership Network

$586

$586

$0

100%

7-0-0

Strategic Games Society

$110

$110

$0

100%

7-0-0

Students for Israel¥

$229

$79

$0

34%

7-0-0

Students for the Exploration and Development of Space (SEDS)‡‡

$1,020

$720

$0

71%

7-0-0

Toons§§

$410

$270

$0

66%

8-0-0

Undergraduate Biochemistry Association||

$535

$420

$0

79%

8-0-0

Voo Doo#

$2,100

$1,700

$0

81%

7-0-0

Totals

$74,115

$53,416

$5,880

78%

Average

$1,195

$862

$95

82%

Median

$685

$615

$0

100%

Top Ten Allocations

Group

Total Allocated

Sala Blacks Project

$8,450

LSC

$3,050

Caving Club

$2,247

Association of Puerto Ricans

$1,760

Hillel

$1,748

La Union Chicana Por Aztlan

$1,730

Voo Doo

$1,700

Brain and Cognitive Sciences Society

$1,630

Debate Team

$1,500

Campus Crusade for Christ

$1,410

Source: UA FInance Board

Bottom Eleven Allocations

Group

Total Allocated

Alpha Phi Alpha Fraternity, Incorporated

$0

Minority Business Assoc. (MMBA)

$0

Science Fiction Society, MIT

$0

Students for Israel

$79

Nigerian Students Association

$100

Strategic Games Society

$110

EASE

$130

Curling Club

$150

Best Buddies

$160

Network of Sloan Undergraduate Women

$180

South Asian American Students

$180

Notes

a Low membership numbers, lack of budget explanation

b Next time there is a last minute funding request, please submit a request to Finboard or Senate via email instead of applying here.

c Same space concerns as previous cycle, removed capital from events

d GBMs, Telecommunication, APR logo not in defense. No ASA space for capital. Please prioritize your events. We recommend cutting less necessary things like decorations, and order less food or less expensive food. P&P moved up to $100 because Finboard recommends 20 per event

e No funding for camera

f Reduce BBQ, no winter/spring events

g No gifts

h Low membership/undergrad numbers. Please subsidize Salsa lessons from your main account, with your income, or have non-undergrad members contribute.

i Can’t fund prizes

j No sales

k Cut Smith, but can redistribute, can’t sustain this level of funding year round

l Can’t fund incentive program or fundraiser expenses

m Finboard can fund these sorts of expenditures but EMS needs to maintain a relationship with Medical. Finboard cannot fund more than this, so be careful about Medical reducing funding to EMS.

n Too much for 5 members, focus on new members/recruitment, fall funding decision will be based on increased membership

o Please check with SAO to see if you actually need the copyright for the movie night (we’ll fund it for now, but in a normal cycle this would be unfunded and go to appeals.) Reduced food for fly out lunch to $75. We recommend $3–$5 for lunch, but you don’t report an expected number of people. No capital. We need a thorough description of where you have space, who owns that space, who else has access to the space. If the flight simulator belongs to Course 16, we need to know why they aren’t funding replacement capital items.

p Add pub, make sure to pub local grindz

q Library capital should be funded by office/program

r Move study breaks to operations, because it sounds like club meetings. Added 20 to P&P for your mid-Autumn Festival Gathering. You must publicize this event, through posters and email, or Finboard will not reimburse it.

s Mexican Independence Day — a very big event, you should go to ARCADE, LEF or MEF in the future. Travel is gas and rental; we brought to $500 which is our recommendation. Not funded: conference registration. Ask members to subsidize or reduce total members going.

t Note we recommend $500 for transportation per semester. $400 allocated here. Next round, we recommend only another $100. Note, if you don’t spend all $400, it will rollover into Fall. Moved audition lunches to operations. Retreats not funded, very low priority.

u Early funding for October event, because Parents Weekend. Negative account balance, waiting on LEF.

v Sponsored group, not eligible

w Took out events after September because defense doesn’t explain why early fudnding is needed. Come back for Fall funding!

x Remove internet/phone from application, since it was put in accidentally. Finboard concerned about shows not breaking even.

y Budget for food is excessive (recommendation for lunch events, $3–$5/person, was exceeded).

z Moved recruitment dinner to events. Dinner funded to $200, proposal too much per person

* Added mentorship event from defense (under events and P&P)

Weak defense. Ex: What are you purchasing for orientation? Freebies? Food? A/V for midway booth? We would have fully funded a stronger defense. Next cycle come with a more complete budget.

§ Can’t regularly fund large capital expense as done this year (with this and lighting)

** Same space concerns as previous cycle

¥ No projector screen

‡‡  Add pub for events, $300 for food

§§ No Tech ads, because you get a page for free. Reduced funding for the dinner, because it is expensive for an exclusive dinner.

|| Have summer event/lunch locally. Added $20 for publicity. You must publicize your events.

# Encourage consideration of online/non-print development, in part or in whole