1. Budgeting 101 Presented by the Office of Campus Life
Leadership and Student Organizations

2. Who Are We? Ellen Malito, Assistant Director of Campus Life
Leighann Pittsford, Graduate Assistant
Teri Deardorff, Graduate Assistant
Titus Young, Graduate Intern
Tisha Langford, Director of Student Engagement in SGA

3. Overview Requesting Funds from SGA Additional Funding Methods
SORF
Additional Funding Methods
Budgeting Basics
Tools & Tips

4. Requesting Funds From SGA
SORF requests must be made a semester in advance of the planned event
Events must be for open and free for ALL students of ISU
SORF money cannot be used to support/oppose political bodies, support belief/promote conversion/oppose any religions, as loans, or as direct contributions to charities, scholarships, speaker fees for ISU employees, and pay student members of the organization

5. Requesting Funds from SGA
To request funds you must be an organization recognized by SGA (and have student agency account)
Types of funding that can be requested:
Event funding, travel grants, start-up funding, and crisis funding
Event Funding requests will require co-sponsorship with SGA, must occur on or within 5 blocks of campus, and priority will be given to events that:
Benefit a large/diverse student population
Promote ISU’s values
Contribute to a more vibrant ISU community
Promote collaboration amongst organizations
All requests should include a detailed budget outlining use of funds
Requests should not be more than $2,000

6. Detailed Budget Example

7. Additional Funding Methods
Dues
Clubs are able to ask for dues from members but the process and amount for collection should be outlined in your organization’s constitution before requesting dues from members
Fundraising
Organizations are able to fundraise, but materials for fundraising cannot be purchased with SORF money, i.e. if you are doing a carwash to raise money for your organization you cannot buy the soap or sponges with SORF money
Fundraisers cannot be in direct competition with a vendor in the area

8. Budgeting Basics Set a budget for each event and each part of an event
Catering/Food, Decorations, Promotional Items, Vendors, etc.
Make sure the budgets you set are realistic for your event and event attendance
Do some research
Don’t expect to feed 25 people for $10!
If there are multiple people working on an event, be sure to meet together regularly to make sure the budget is being followed and to anticipate any overages that may occur
Sometimes you will go over, but you might be able to compensate by being under-budget it other areas!

9. Budgeting Tools & Tips Use a spreadsheet!
Collaborative options like OneDrive or Google Docs work well for groups
Comparison shop for your items and vendors
Think about re-use value of items you purchase
If you are planning to use SORF funds, be sure to have a backup idea
You may receive partial funding – you will want a plan to make up the difference

10. Collaboration Helps!
Another way to increase your resources is to collaborate with other groups on campus!
Monthly Roundtables (this month on September 19) hosted by Campus Life can help you find organizations interested in hosting similar events
Look for organizations similar to yours and reach out
When requesting SORF funds, events that have impact for a larger number of students are more likely to get funding
Collaborating with another group may mean you get more students interested in YOUR organization too!

12. Questions?
How can Campus Life help your organization?