Standing Finance Committee

Mandate:
- Develop financial policies and procedures for recommendation to the international Officers;
- Ensure that such policies and procedures are kept up to date, and are appropriately administered;
- Receive, through the International Treasurer, from the Secretary General, the short, medium, and long-term budgets of WILPF International, and to review and recommend them to the International Officers;
- Receive, approve and submit to the Officers, through the International Treasurer, accurate and clear financial statements in such a manner that the up-to-date financial condition of WILPF can be easily grasped by the membership via their IEC/Congress delegates;
- Prioritize and make recommendations for decision by the International Officers for the allocation of funds for special projects.  Special Projects will only be considered for funding if they are  in line with IEC/Congress priorities;
- Establish parameters for the approval of funding for "emergency projects," and to bring this to the Officers and IEC for discussion and adoption.  Once a mechanism is adopted, the Committee, in consultation with the Officers, has the authority to allocate money to "emergency projects" within these agreed upon parameters;
- Receive, through the International Treasurer, from Sections hosting IEC/Congress meetings, a projected budget 6 months in advance and a concrete and detailed budget at least 2 months prior to the meeting.  Sections will also have to submit a final statement of accounts two months after the conclusion of the meeting.  This is to facilitate the Committee's work in planning and providing information for evaluation;
- Ensure effective communication and cooperation with the Fundraising Committee;
- Oversee the management of the Legacy fund;
- Maintain an active and mutually supportive relationship with the Jane Addams Peace Association (JAPA);
- Request all Sections, through the International Secretariat, to submit an annual membership tally to facilitate a fair assessment of Section fees. Any changes to the general formula of calculating Section fees will be put before the whole IEC/Congress for approval;
- Provide Sections, as needed and when asked, with support and training for their financial record keeping and management.

(poster from WILPF Sweden)

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