Whatcom Intergenerational High School
Minutes
Monthly Finance & Fundraising Committee
Date and Time
Thursday October 17, 2024 at 4:30 PM
Location
ZOOM Meeting
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
B.
Record Attendance
II. Finance Reports
A.
Review September 2024 Financial Report & Items for Board Ratification
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.
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