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College Council Recap: Student Government Finance Committee Introduces New Fundraising Guidelines

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Source: Chicago Maroon

The Student Government Finance Committee (SGFC) announced its updated fundraising expectations for RSOs requesting more than $2,500 at College Council’s (CC) Monday meeting. Under the new fundraising guidelines, RSOs requesting more than $2,500 will face progressive fundraising rates applied to each successive dollar after the $2,500 threshold. Under the old SGFC guidelines, RSOs’ fundraising expectations were determined by flat rates applied to the total amount requested. RSOs will now have to fundraise 35 percent for each additional dollar requested between $2,500 and $5,000. For each additional dollar requested between $5,000 and $10,000, student organizations will be expected to raise 50 cents, and for each additional dollar requested over $10,000, organizations will be expected to raise 60 cents.

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Read the original at Chicago Maroon

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