Mission Statement and Committee Charge

To review and oversee the financial condition of the Society, advise the Treasurer in a manner transparent to Society membership on investment strategies, and organize fundraising to support the annual meeting. 

The Finance and Fundraising Committee reviews the investment strategies developed by the Treasurer, it reviews yearly financial statements generated by the Treasurer and oversees the raising of funds to support the annual meeting. 

Committee Contact

If you would like more information, you can reach out to us here: Finance & Fundraising Contact Form

Committee Composition and Terms

The EMGS Finance and Fundraising Committee is composed of at least five core members, representing multidisciplinary affiliations, including government, academia, and industry sectors. Succession of Co-Chair into the Chair position will occur after 2 years.

Outgoing Chairpersons and Treasurers may extend their service for at least one additional post-term year. Each year, one or two Committee members will rotate off the Committee, ensuring a smooth transition and continuity. Efforts will be made to maintain this process and facilitate replacements for members leaving before their terms end. It is recommended that the core committee membership include at least one past Treasurer.

The committee also includes at least twelve ad hoc fundraising members specifically focused on securing annual meeting sponsorships, serving for the duration of the annual meeting planning cycle (June-June). The appointment of these members commences once the symposia have been selected by the Program Committee. 

The committee will meet 6-8 times a year to discuss financial matters, fundraising strategies, and progress updates. Meetings may be held virtually or in person based on the committee's preference and availability. Communication within the committee will primarily occur via email, with additional meetings scheduled as necessary.

Responsibilities of Core Members

• Review the allocation of Society investments and provide recommendations, as necessary, to the Executive Board.
• Explore and recommend new revenue-generating opportunities for the society.
• Collaborate with the Executive Director and Treasurer on financial matters.
• Provide committee updates and reports to the Executive Board at least twice per year: (1) February: Financial Report
  (2) June: Fundraising Report
• Participate in fundraising initiatives and campaigns to support the society's mission and programs.
• Promote EMGS within their networks, highlighting its goals and initiatives. 
  
  

Responsibilities of Ad Hoc Fundraising Members

• Attend committee meetings regularly and actively contribute to discussions and decision making.
• Assist in fundraising efforts by leveraging personal networks, participating in events, or contributing ideas for fundraising initiatives.
• Take on specific tasks and responsibilities assigned by the committee chair or leadership team.
• Ad hoc fundraising members should report progress and outcomes related to annual meeting sponsorships to the core committee.
• Provide constructive feedback and input to help improve committee processes and outcomes.
• Serve as advocates for EMGS within their communities and networks, promoting its mission and programs.
• In the event that neither symposium chair is able to serve as an ad hoc member (e.g., due to institutional restrictions for fundraising) symposium chairs may appoint a member of the relevant SIG to serve on the committee 
  
   

Committee Files

Finance SOP | EMGS Strategic Plan