What is the executive committee’s commitment on fiduciary responsibility?
The executive committee is committed to the highest levels of responsibility and ethics concerning the handling of our non-profit organization’s funds. For this reason, we will be submitting to the government and sharing with members our 3-year budget, a sample of which is attached. While formulating this at the beginning of the year takes some time, you can rest assured that you will receive a copy within the next month or two. Secondly, the structure of the committee itself provides many checks and balances when it comes to the handling, receipt and disbursement of funds. Different executive committee receive funds, make deposits, write checks and track expenses on paper and electronically. As a result, most transactions have at least two to three people reviewing them and weighing in on them at all times. In the spirit of upfront communication and transparency, the committee has worked hand-in-hand with GTCO staff to make an honest estimate of all expenses (less gym fees) associated
