Whatcom Intergenerational High School

Minutes

Monthly Finance & Fundraising Committee

Date and Time

Thursday October 17, 2024 at 4:30 PM

Location

Please take a moment of silence to ground in the ancestral homelands where you reside and extend your deepest gratitude to the Coast Salish Peoples who have cared for and protected our shared lands and waterways since time immemorial. 

Committee Members Present

D. Walker, J. Ferrera (remote)

Committee Members Absent

A. Porter, N. Mughal-Barrows, P. Freeland

Guests Present

E. Zamora, K. Silberstein (remote)

I. Opening Items

A.

Call the Meeting to Order

D. Walker called a meeting of the Finance & Fundraising Committee of Whatcom Intergenerational High School to order on Thursday Oct 17, 2024 at 4:35 PM.

B.

Record Attendance

II. Finance Reports

A.

Review September 2024 Financial Report & Items for Board Ratification

Katie shared the September financials

Everything currently on target; private revenue needs to be watched over next couple months

Expenditures will pick up as the year continues

Cash on hand is on target, and almost double what was budgeted

 

Discussion of high yield savings accounts as a way to increase funding- Jeremy said should be able to get around 4%APY, so should look around at various options.  Katie to check on legality of using private/public funds to earn interest.

 

Review of debit purchases

Katie reviewed Financial Report including Dashboard.

 

Discussed the possibility of investing in private funds - high-yield savings account - JGP will research.

 

Reviewed Budget Status Report

 

 

 

III. Fundraising

A.

Halloween Event Overview

EZ working with a parent to get low-key event set up for Halloween.  Goal is to raise awareness of school

EZ is working with parent to finalize details of the Halloween event.

Donors have been secured. 

Sponsor has been secured.

Parent looking for more student involvement in planning.

B.

Other Fundraising Events

Brief discussion of fall and spring fundraising events- follow up at the next meeting.

IV. Closing Items

A.

Adjourn Meeting

There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 5:45 PM.

Respectfully Submitted,
D. Walker
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 5:42 PM.

Respectfully Submitted,
E. Zamora