university of michigan alumni association japan annual general meeting monday, september 29, 2014
TRANSCRIPT
University of MichiganAlumni Association Japan
Annual General MeetingMonday, September 29, 2014
2UMAAJ AGM 2014
Agenda
• Opening of Meeting• Introductory remarks from President– introduction of Board members
• FY 2014 Event & Financial Reports• FY 2015 Budget & Event Plan• Questions/Comments• Closing Remarks• Closing of Meeting
FY 2014 Event ReportMonth Organizational & Board Activities UMAAJ Events (number of participants)
July 24 Board Meeting31 AGM Preparation Mtg. 16 Wolverine Night
August 15 Wolverine Night
September 3 Board Meeting10 Annual General Meeting
10 AGM – Akiyama(41)13 Wolverine Night
October 15 Wolverine Night26 Family Picnic (cancelled due to typhoon)
November 15 Wolverine Night
December 5 Board Meeting 1 (JST) Live Viewing of UM vs. OSU (~12)14 Wolverine Night
January 15 Wolverine Night
February 27 Board Meeting 12 Soeya Event (20)14 Wolverine Night
March Board nomination process begins 15 Wolverine Night
April 18 Board Meeting 6 Hanami Picnic (15)15 Wolverine Night
May Board Election 15 Wolverine Night
June 28 Board Meeting 13 Wolverine Night
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FY 2014 Financial Report
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University of Michigan Alumni Association Japan (UMAAJ) Fiscal Year
Begins:7-13
Fiscal Year 2014 Financial Report
Beginning 7-13 8-13 9-13 10-13 11-13 12-13 1-14 2-14 3-14 4-14 5-14 6-14
Cash Summary Cash on Hand (BOM) 114,079 114,079 114,079 114,079 232,287 237,303 239,118 239,118 239,118 250,640 250,640 250,670 250,670
Cash Available 114,079 114,079 114,079 482,465 237,303 239,118 239,118 239,118 250,818 250,640 250,670 250,670 250,670
Cash Position (EOM) 114,079 114,079 114,079 232,287 237,303 239,118 239,118 239,118 250,640 250,640 250,670 250,670 226,596
Cash Receipts Pub Night Sales 1,815
Event Sales 5,000 11,700
Interest 16 30
UMAAJ General Meeting 192,000
CJS Funding 176,386
Total Cash Receipts 0 0 0 368,386 5,016 1,815 0 0 11,700 0 30 0 0
Cash Paid Out Pub Night Expenses
Event Costs 50,000 178 24,074
UM Gifts/Prizes
UMAAJ General Meeting 200,178
Total Cash Paid Out 0 0 250,178 0 0 0 0 178 0 0 0 24,074
Net Transaction 0 0 118,208 5,016 1,815 0 0 11,522 0 30 0 -24,074
UMAAJ FY 2014 Financial Highlights• Account growth from JPY 114,079 to JPY 226,596 for FY 2014 – growth rate of 99%
– Annual growth rate of 200% from FY 2011
• Center for Japanese Studies Annual Funding– Recurring USD 1,800 received in September 2014 for amount of JPY 176,386, compared
to JPY 139,011 in FY2013 due to exchange rate
• Around JPY 20,000 in red for 2 events due to late cancellations, no shows.– Please make sure to cancel within time or be informed that we will charge for no shows.
If there are any questions or any requests of detailed information regarding UMAAJ finances, please contact K. Yoshida (Treasurer) at [email protected]
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FY2011 FY2012 FY2013 FY20140
50,000
100,000
150,000
200,000
250,000
8,298
37,556
114,079
226,596
UMAAJ FY 2015 Budget• Sep 2014: Annual General Meeting JPY 200,000• Feb 2015: Speaker Event JPY 150,000• TBD 2015: UMAAJ Website JPY 20,000• TBD 2015: Contingency JPY 130,000
TOTAL: JPY 500,000
With CJS funding and participation fees, we anticipate balance to be net positive for FY 2015.
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FY 2015 Event Plan
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Month Organizational & Board Activities UMAAJ Events
July 24 Board Meeting 12 Wolverine Night
August
September 29 Annual General Meeting 12 Wolverine Night 29 AGM– Mariko Okada
October 15 Wolverine Night
November 8 Big 10 Golf14 Wolverine Night30 (JST) Live Viewing of UM vs. OSU
December Board Meeting 13 Wolverine Night
January 15 Wolverine NightAAUM-Hosted Reception
February 13 Wolverine NightEvent with speaker
March Board nomination process begins 13 Wolverine Night
April 15 Wolverine NightHanami Picnic
May Election15 Wolverine NightCJS-Hosted Event15-17 Pan Asian Reunion in Singapore
June Board Meeting 15 Wolverine NightSocial event
Today’s Schedule• – 7:30 –Networking, buffet
• 7:30 – 8:30–Prof. Mariko Okada
speech followed by Q & A• 8:30 – 9:30–Networking, buffet
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Statement of Purpose
The University of Michigan Alumni Association Japan endeavors to foster a sense of value in the unparalleled University of Michigan experience through formal and informal social events, mutual promotion of the Association and theUniversity, and other support activities.
adopted June 13, 2012
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