Whereas, the Finance Club at Cornell has an annual allocation of $4000 from the Student Activities Funding Commission (SAFC),
Whereas, the Cornell Finance Club seeks to familiarize members with the financial landscape of New York City,
Whereas, students benefitting from this experience make invaluable connections with top financial firms and gain essential experience in student pitch competitions with opportunities to be placed in summer programs or receive job interview offers,
Whereas, the total cost of the Finance Club at Cornell’s experience in New York City is $7204,
Whereas, Special Projects funding would make the Finance Club at Cornell’s experience more equitable,
Whereas, Part B: Special Projects Funding, Section 1, of the Standing Rules reads:
The Student Assembly may choose to fund any project, program or service through the Assembly Special Projects that it deems to improve the quality of undergraduate student life. Special Projects funding is a type of category spending.
Whereas, the Finance Club at Cornell complies with Part B: Special Projects Funding, Section 2, subsection a, of the Standing Rules as a Cornell registered student organization,
Whereas, Part B: Special Projects Funding, Section 5, of the Standing Rules reads,
Requests $2,500 and over shall be decided upon by a majority vote of the Executive Board and confirmed by a majority of the Executive Board and confirmed by a majority vote of the Student Assembly, at large. The Assembly, at large, is only required to confirm requests of $2,500 or greater. The request should be presented to the Student Assembly in the form of a resolution.
Be it therefore resolved, the Student Assembly approves the $3500 disbursement from the Student Assembly Special Projects Funding Account into the account of the Finance Club at Cornell.
Respectfully Submitted,
Hayden Watkins
Vice President for Finance, Student Assembly