Finance Committee Report

Paula Kent
Sept. 24, 2011

Although our interests are to support student activities and professional growth at the School of Nursing, we have tightened our budget this year and assumed a financially conservative position. This has helped us recover from some market losses during the past two to three years. We expect this to continue, and we will re-evaluate our ability to support student activities and scholarships each year. Our portfolio is reviewed each spring by the Alumni Board with our Chesapeake Advisor.

The Alumni Weekend activities for 2011 have been planned and carried out by many alumni on the Committee and the Board. Although many receipts are still outstanding for services provided, every effort has been made to be cost-effective. Some changes are anticipated for next year based on declining numbers.

The numbers for Alumni Weekend 2011 are as follows:
Education Program – 39
Cocktail Reception – 113
Saturday Morning Meeting and Presentation – 96
Luncheon – 139
Happy Hour in Fells Point – 23

Some increased expenditures have occurred again in this financial cycle. They include charges for the school pin which is used at several special events for graduating nurses. The commitment to continue this practice is considered valuable in maintaining a relationship with our student body and helps to communicate the overall purpose of the Alumni Association. Other increased charges include purchasing some additional pages in the Johns Hopkins Nursing magazine, as there have been many changes with the Alumni Association this past year.

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