By Jamye Sagan, IDL SIG Treasurer
How much money do we have?
As of September 25, 2022, we have $831.48 in our account – $484.49 from community funding and $346.99 in our vested funds. Our vested funds increased because we received proceeds from non-IDL SIG members who attended the “Accessibility in Technical Writing” webinar by Danielle Matthews.
What expenses have we incurred so far?
Since late June, we processed the SIG expenses related to STC Summit, including:
- $161.89 for our annual Zoom membership. We use Zoom to conduct all our webinars, meetings, and virtual social events.
What’s our plan for the rest of 2022?
We are about to begin working on our 2023 IDL SIG budget. Every year, all STC Chapters and Communities of Practice submit their budgets to the STC head office. From there, the STC Budget Committee will review all budgets and approve them.
Our primary source of income comes from community funding and vested funds. Community funding are funds we receive from the STC office, based on the number of SIG members as of August 31. We receive a certain dollar amount per member. Since these funds do not carry over from year to year, we must use them or forfeit them. We plan our budget so that we spend all of our designated funding.
Vested funds are funds we have earned through the years. These funds can carry over year after year.
As we review our budget, we constantly check where we can save costs and, most importantly, see how we can use our funds to best benefit you – our members.
We will use our remaining 2022 funds to pay for webinar speaker stipends, Virtual Open house door prizes, and any student STC memberships if we publish their articles.
We’d like to hear from you!
If you have any questions about SIG finances, please email me at firstname.lastname@example.org.