The Joys of Contingency

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The Joys of Contingency

• Brought to you by
• the SGA Executive Treasurer, Robert Burden

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What is Contingency?

• A specific fund set aside during the FEB process
  that can serve as funding to any non-FEB student
  organization for a specific event or internal
  use. This year, the SGA began the year with
  48,249.00 to give away!
• Contingency is the most requested means of
  funding by organizations to the SGA

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Benefits of Contingency

• Allows non-FEB groups to put on FEB-like events
• Promotes long-term planning and financial
  organization
• Allows for more flexible use of funds than
  program grants

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Contingency Stipulations

• There are a few regulations on how contingency
  funding can be used
• The funds will not be used towards events aimed
  at generating net profit for the
  club/organization
• This now includes funding of CDs
• The funds will not be used for donations to
  charitable or non-charitable groups (ex
  honorariums)
• The funds will not be used to fund loans
• The funds will not be used for any food and/or
  dietary requests of the club/organization
• Funding for seminars, conventions, retreats, etc.
  will only be used towards registration fees or a
  portion thereof
• Funding may be used to pay for no more than 4
  executive members OR ½ of the executive committee
  whichever is less

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Eligibility

• Any JMU recognized club/organization in good
  standing with SOS for at least 4 months
• All other funding options have been exhausted
• The request is within the set limitations, and is
  not in excess of 2,000
• This is not a third request by one
  club/organization within the same fiscal year

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Applying

• If all criteria are met, a bill must be submitted
  to the SGA Senate for the request to be voted on.
  To write and propose the bill, contact the
• SGA Contingency Liaison,
• Charles Shaw
• shawcd_at_jmu.edu
• The contingency process may take several weeks,
  so plan ahead and schedule a meeting at least a
  month in advance with Charles.

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Timeline
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So

• Contingency is a great way to get funding from
  the SGA for your organization
• REMEMBER Contingency is allocated on a first
  come, first serve basis, so dont wait!

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If You Have Any Questions

• Feel Free to Contact
• SGA Executive Treasurer
• Robert Burden
• burdenre_at_jmu.edu
• SGA Contingency Liaison
• Charles Shaw
• shawcd_at_jmu.edu
• SGA Website
• http//sga.jmu.edu

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