Bylaws for the green initiative fund at hunter college of cuny
May 2015
article vi - accountability, records and reports
Section 6.1 – Transparency
The students of Hunter College fund TGIF, and as such, all financial records must be transparent, and easily accessible to the public and the student body. It is the responsibility of GMC members, the TGIF Facilitator, and the College Association to ensure that there is sufficient transparency. The primary mechanism for financial disclosure shall be TGIF’s annual report. The annual report shall include descriptions of all projects awarded grants during the current year, as well as the status of projects funded during previous years. The report must also provide a transparent budget that details the amount and purpose of collected, disbursed, and available funds.
Section 6.2 – Accountability of Projects
All projects funded by TGIF shall submit a brief report to the GMC at the conclusion of the project or annually from the date of the project approval. The report must include a budget detailing the spending of all funds.
Section 6.3 – Meeting Minutes and Accounting
TGIF must keep on record:
Minutes of all meetings of the Grant Making Committee indicating the time and place of holding such meetings, the names of those present, and the proceedings thereof
Adequate and correct books and records of account, including accounts of its properties and business transactions and accounts of its assets, receipts, disbursements, gains and losses