Reserve Fund Policy 

  WACUHO has two types of reserve funds that can be used to enhance a current program or service – the Program Reserve Fund and the Association Reserve Fund.

The Program Reserve Fund has been created in an effort to "give back" to Program Committees that have been successful and contributed to the association's overall reserves. This reserve fund is only available to programmatic committees (zero based budgets like the annual conference, RAPs, WTI, Conference Services and so forth).

The Association Reserve Fund is WACUHO's traditional reserve fund and is open to all committees. It is a one time funding request. If a committee wishes to continue the service or enhancement, it must be incorporated into their operating budget the following year.

The following guidelines are for submitting a proposal for a new service/program or a proposal to enhance a current service/program.

  • Proposals must be directed at enhancing/expanding Association programs and services
  • Proposals must be of an educational /service nature
  • To apply for funding
    1. Complete the appropriate proposal form
    2. Submit it to the Association's Treasurer
  • Process
    Each proposal is reviewed at the next regularly scheduled Executive committee meeting or via email or telephone if necessary. A member of the Executive Committee will notify the requesting Chair or member of the Committee's decision to fund, partially fund, or not to fund the proposal.
  • If a proposal is funded:
    The approved funds will be available for the remainder of the fiscal year to which it was approved (fiscal year July 1 – June 30). Funding or reimbursement will only be made for expenses incurred prior to June 30 which, must be submitted and received by the Association's Treasurer no later than July 15.
Proposals may not request funding for alcoholic beverages of any kind.

WACUHO Reserve Funds Request Form

Program Reserve Fund. Program committees (i.e. RAPS, WTI, Annual Conference, etc) are eligible to request these funds. These requests are not limited to one time only funding.

Association Reserve Fund. All programs and committees are eligible to request these funds. These funds are a bit more restrictive limited to one time request. They can be used to support a new program or service or to enhance a current program or service. If you are a programmatic committee, include an explanation of why funds for this expense should not be included in your budget.

Return this as the cover sheet to your proposal. Identify a contact person including telephone and fax numbers and email. Submit a proposal describing how the funding will be used including a date and location the funding is to be used. Include an itemized budget. If you are a funded committee, you will need to submit a budget describing use of existing funds.

Name of Program/Committee:

Contact Person/Telephone Number:

Amount Requested:

General Information:

  • Proposals must be directed at enhancing/expanding Association programs and services.
  • Proposals must be of an educational /service nature.
The Process: Funding requests will be reviewed at the Executive committee meetings, which occur four times a year usually in October, February, April and June. If timing does not permit a reasonable response time, Executive Committee members can review requests via telephone or email. You can discuss this option with the Treasurer when you submit the proposal.

If the proposal is funded, the approved funds will be available for the remainder of the fiscal year to which it was approved (fiscal year is July 1st through June 30th). Funding/reimbursement will only be made for expenses incurred prior to June 30th, which must be submitted and received by the Association's Treasurer no later than July 15th.

Proposals for new services/programs will be funded for one year. If the service/program is to be maintained/continued in the future, the submitting party will be asked to ensure that such funding is included in the annual budget allocations generated by the Treasurer, with the Association's Presidential consultation and Finance Advisory Committee recommendations. This must be approved by the Association membership at the Annual Conference Business Meeting.

Proposals may not request funding for alcoholic beverages of any kind.

Send requests to the Association's Treasurer.