Difference between revisions of "FiCom Chair & 3 Members selected to represent each ESIP Type I, II, III"

From Federation of Earth Science Information Partners
Line 1: Line 1:
From the ESIP Federation Bylaws:
+
From the ESIP Policies & Procedures
<br>
+
 
<br>
+
== Finance Committee ==
Section 4 - Finance and Appropriations Committee
+
5.3.1 The Finance Committee may not include the ESIP President or ESIP Vice President of the Assembly among its members.
<br>
+
 
<br>
+
5.3.2 All financial resources of ESIP shall be considered by the Finance Committee, for approval by the Board.
IV.4.1 The Finance and Appropriations Committee may not include Officers of the Assembly among its members.
+
 
Finance and Appropriations Committee
+
5.3.3 As a general courtesy from the Board, the Program Committee may authorize annual expenditures that total less than 10% of the annual ESIP financial resources at its discretion without approval by the Finance Committee or the Assembly. The Program Committee shall submit an annual report of its past year's expenditures to the Finance Committee prior to each Annual Meeting.
<br>
+
 
IV.4.2 All financial resources of the ESIP Federation shall be administered through the Finance and Appropriations Committee, except as indicated in Bylaw IV, Section 4.3.
+
5.3.4 Proposals for the expenditure of ESIP financial resources shall be submitted in writing to the Chair of the Finance Committee.
<br>
+
 
IV.4.3 The Executive Committee may authorize annual expenditures that total less than 10% of the annual ESIP Federation financial resources at its discretion without approval by the Finance and Appropriations Committee or the Assembly. The Executive Committee shall submit an annual report of its past year’s expenditures to the Finance and Appropriations Committee prior to each Annual Meeting.  
+
5.3.5 Upon receipt of a proposal, the Finance Committee will promptly notify the Assembly that proposals are under review. The Finance Committee will assure that appropriate, timely reviews of the proposals are carried out and then forward its recommendations to the Program Committee for further review. If the Program Committee also recommends funding, appropriate actions will be taken to allocate the funds upon approval by the Board. Alternatively, the Finance Committee may submit proposals to the Board for review. If the Board recommends funding, appropriate actions will be taken to allocate the funds.
<br>
+
 
IV.4.4 Proposals for the expenditure of ESIP Federation financial resources shall be submitted in writing to the Chair of the Finance and Appropriations Committee.  
+
5.3.6 Category 4 ESIPs, as a group, may send one representative as a non-voting observer to Finance Committee meetings.
<br>
+
 
IV.4.5 Upon receipt of a proposal, the Finance and Appropriations Committee will promptly notify the Assembly that proposals are under review. The Finance and Appropriations Committee will assure that appropriate, timely reviews of the proposals are carried out and then forward its recommendations to the Executive Committee for further review. If the Executive Committee also recommends funding, appropriate actions will be taken to allocate the funds. Alternatively, the Finance and Appropriations Committee may submit proposals to the Assembly for review. If a resolution of the Assembly recommends funding, appropriate actions will be taken to allocate the funds.
+
5.3.7 The Finance Committee will report on its actions at each Meeting of the Assembly and submit an Annual Finance Report and Proposed Budget for the coming year at each Annual Meeting of the Assembly.
<br>
+
 
IV.4.6 Category 4 ESIPs, as a group, may send one representative as a non-voting observer to Finance and Appropriations Committee meetings.  
+
== Finance Committee Chair ==
<br>
+
The Chair of the Finance Committee (Ficom) serves on the Program Committee and as Treasurer of the Board. The Chair also convenes Finance Committee meetings to consider annual budgets for ESIP and provides oversight of operational spending.  
IV.4.7 The Finance and Appropriations Committee will report on its actions at each Meeting of the Assembly and submit an Annual Finance Report and Proposed Budget for the coming year at each Annual Meeting of the Assembly.  
+
 
<br>
+
Specific duties include:
IV.4.8 In the case of NASA resources allocated to Federation-wide activities, the appropriate action to be taken to allocate funds will be to make recommendations to NASA on the expenditures.
+
 
<br>
+
* Understand financial accounting for nonprofit organizations
<br>
+
* Manage, with the finance committee, the board's review of and action related to the board's financial responsibilities
The Chair of the Finance and Appropriations Committee (Ficom) serves on the Executive Committee of the ESIP Federation and as Treasurer of the Board of the Foundation for Earth Science. The Chair also convenes Ficom meetings to consider annual budgets for the ESIP Federation and provides oversight of the Foundation for Earth Science operational spending. The Chair of the Ficom spends approximately 2 hours`/month on ESIP Federation business.  Members of the Ficom spend 3-4 hours/year on committee business in a typical year.
+
* Work with the chief executive and the chief financial officer to ensure that appropriate financial reports are made available to the board on a timely basis
<br>
+
* Present the annual budget to the board for approval
<br>
+
* Review the annual audit and answer board members' questions about the audit
[[Constitution_and_Bylaws|Back]]
+
 
 +
Chair of the Ficom spends approximately 2 hours/month on ESIP business.

Revision as of 10:50, September 17, 2020

From the ESIP Policies & Procedures

Finance Committee

5.3.1 The Finance Committee may not include the ESIP President or ESIP Vice President of the Assembly among its members.

5.3.2 All financial resources of ESIP shall be considered by the Finance Committee, for approval by the Board.

5.3.3 As a general courtesy from the Board, the Program Committee may authorize annual expenditures that total less than 10% of the annual ESIP financial resources at its discretion without approval by the Finance Committee or the Assembly. The Program Committee shall submit an annual report of its past year's expenditures to the Finance Committee prior to each Annual Meeting.

5.3.4 Proposals for the expenditure of ESIP financial resources shall be submitted in writing to the Chair of the Finance Committee.

5.3.5 Upon receipt of a proposal, the Finance Committee will promptly notify the Assembly that proposals are under review. The Finance Committee will assure that appropriate, timely reviews of the proposals are carried out and then forward its recommendations to the Program Committee for further review. If the Program Committee also recommends funding, appropriate actions will be taken to allocate the funds upon approval by the Board. Alternatively, the Finance Committee may submit proposals to the Board for review. If the Board recommends funding, appropriate actions will be taken to allocate the funds.

5.3.6 Category 4 ESIPs, as a group, may send one representative as a non-voting observer to Finance Committee meetings.

5.3.7 The Finance Committee will report on its actions at each Meeting of the Assembly and submit an Annual Finance Report and Proposed Budget for the coming year at each Annual Meeting of the Assembly.

Finance Committee Chair

The Chair of the Finance Committee (Ficom) serves on the Program Committee and as Treasurer of the Board. The Chair also convenes Finance Committee meetings to consider annual budgets for ESIP and provides oversight of operational spending.

Specific duties include:

  • Understand financial accounting for nonprofit organizations
  • Manage, with the finance committee, the board's review of and action related to the board's financial responsibilities
  • Work with the chief executive and the chief financial officer to ensure that appropriate financial reports are made available to the board on a timely basis
  • Present the annual budget to the board for approval
  • Review the annual audit and answer board members' questions about the audit

Chair of the Ficom spends approximately 2 hours/month on ESIP business.