FINANCE & FUNDRAISING COMMITTEE DESCRIPTION

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ROLE:  Provide financial oversight and ensure the organization has the resources necessary to fulfill its mission.  Assist with fundraising efforts.

DUTIES: 

1. Ensure DACSO is meeting its reporting requirements to the IRS and to the State of New Mexico.

2. Consider various investment options and make recommendations to the Board

3. Develop initial draft(s) of the annual budget in May for review and approval by the board of directors in June.

4. Develop written finance policies and procedures for DACSO.

5. Set recommended annual fundraising targets for board review and approval.

6. Develop and recommend a plan for the board to achieve the agreed-upon fundraising targets.

7. Assist with fundraising efforts.

8. Work with the Board to develop long-term financial sustainability for the organization.

9. Evaluate the committee’s work each year to assess effectiveness towards meeting its stated finance and fundraising goals.

Frequency of meetings to be determined by the committee members.