MAUVSA Financial Transparency
On October 2014, we, the executive board decided to take the next step as a 501(c)(3) by taking up grant writing as an alternative to fund our initiatives, learn more about non-profit finance, and explore possibilities to advance the organization.
Now, in 2015, we are increasing our transparency with our finances as a form of best practice inspired and encouraged by former MAUVSA president Stephen Nguyen’s Sustainability and Transparency Grant. As a part of the grant, we were required to meet certain criteria to receive an additional $3,000 in 2016. The criteria consisted of:
- Applying to 2 grants every 6 months. 4 total per year.
- Make the following information available on the website: inventory of year’s budgetary costs, conference cost, and donors.
On our webpage, the public will have access to view our balance sheet and the grants we have applied to. But since our webpage is under construction, we have provided an example of what will be implemented in the upcoming weeks.
Here is our 2015 Finance Budget
Cherry Blossom Giving Circle Grant
Date Applied: October 17, 2014
Amount Requested: $4000
Grant Status: Awarded
Amount Awarded: $838.56
Sustainability and Transparency Grant
Date Applied: March 4, 2015
Amount Pledged: $3000
Grant Status: Awarded
Amount Awarded: $3000
UNAVSA Grant
Date Applied: May 31, 2015
Amount Requested: $500
Grant Status: Awarded
Amount Awarded: $424.35
Cherry Blossom Giving Circle Grant
Date Applied: October 16, 2015
Amount Requested: $4000
Grant Status: Awarded
Amount Awarded: $2,000
DC MOAPIA Grant
Date Applied: December 6, 2015
Amount Requested: $12,865
Grant Status: Denied
Amount Awarded: None
Sustainability and Transparency Grant
Date Applied: January 7, 2016
Amount Pledged: $3000
Grant Status: Pending
Amount Awarded: TBD
Coca-Cola Foundation
Date Applied: January 29, 2016
Amount Requested: $6000
Grant Status: Denied
Amount Awarded: $0
- *Application cannot be saved
Basecamp Grant
Date Applied: February 1, 2016
Amount Requested: $2000
Grant Status: Denied
Amount Awarded: $0