Editing Hold 'em for Hunger
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The [[Finance|Finance Committee]]'s responsibilities include | The [[Finance|Finance Committee]]'s responsibilities include | ||
- | *Creating a Budget: The Treasurer will work with the Director and the Executive Committee to design a budget for the venture. Using the [http:// | + | *Creating a Budget: The Treasurer will work with the Director and the Executive Committee to design a budget for the venture. Using the [http://www.docs.google.com Hold 'em for Hunger Accounting Template] can plan out the budgets for each committee and the expected profit based on an estimate of ticket returns. The best way to start is to take a look at either the previous years budget or look at what another chapter has spent. |
*Prizes: The Finance Committee will also be responsible for keeping track of prize valuations and making sure that they are in line with expected ticket receipts. The primary concern is that you have enough prizes to justify what people are paying for. In a normal poker tournament the prize pool ""is"" everyone's buy-in (minus a rake for the tournament host) so making sure they are comparable isn't necessary. In a charity poker tournament the prize pool shouldn't be worth less than 50% than total ticket receipts and it most certainly shouldn't be worth more than what you are getting in revenue. | *Prizes: The Finance Committee will also be responsible for keeping track of prize valuations and making sure that they are in line with expected ticket receipts. The primary concern is that you have enough prizes to justify what people are paying for. In a normal poker tournament the prize pool ""is"" everyone's buy-in (minus a rake for the tournament host) so making sure they are comparable isn't necessary. In a charity poker tournament the prize pool shouldn't be worth less than 50% than total ticket receipts and it most certainly shouldn't be worth more than what you are getting in revenue. | ||
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*To give you a sense of how a standard HEFH budget should break down take a look at the HEFH budgets & accounting documents from UNC-CH's HEFH 06 & HEFH 07. Links to them are posted below. | *To give you a sense of how a standard HEFH budget should break down take a look at the HEFH budgets & accounting documents from UNC-CH's HEFH 06 & HEFH 07. Links to them are posted below. | ||
- | *[http://spreadsheets.google.com/pub?key=pm-55MMgny3Blaq3lb54eTw UNC-CH Hold 'em for Hunger Accounting 06] | + | *[http://spreadsheets.google.com/pub?key=pm-55MMgny3Blaq3lb54eTw|UNC-CH Hold 'em for Hunger Accounting 06] |
- | *[http://spreadsheets.google.com/pub?key=pm-55MMgny3D2ehRGvUgpCQ UNC-CH Hold 'em for Hunger Accounting 07] | + | *[http://spreadsheets.google.com/pub?key=pm-55MMgny3D2ehRGvUgpCQ link title] |
+ | [http://spreadsheets.google.com/pub?key=pm-55MMgny3D2ehRGvUgpCQ|UNC-CH Hold 'em for Hunger Accounting 07] | ||
===Design=== | ===Design=== |