Society for Neuroscience - Finance Committee

Skip Navigation

  • join logo Join
  • give logo Give
  • advocate logo Advocate
  • publish logo Publish
Sign In
Society for Neuroscience
  • Membership
    • Learn About Membership
      • Individual Member Benefits
      • Institutional Program Member Benefits
      • Sustaining Associate Member Benefits
    • Become a Member
      • Sponsorship Information for New Members
    • Membership Fees
      • Information for Members in Developing Countries
    • Renew Individual Membership
      • Automatic Renewals
    • Frequently Asked Questions
    • Member Obituaries
    • Individual Member Directory
    • Learn About Local Chapters
      • Start or Reactivate a Chapter
      • Resources for Chapters
      • Submit Annual Report
      • Chapter Directory
      • Frequently Asked Questions
  • Meetings
    • Meetings Overview
    • Neuroscience 2022
      • Abstracts
      • Registration
      • Sessions and Events
      • Housing and Travel
      • Advertising and Sponsorship
      • Dates and Deadlines
      • Exhibits
    • Global Events
      • SfN Virtual Events
    • Past and Future Annual Meetings
      • Neuroscience 2021
      • Neuroscience 2019
      • Neuroscience 2018
      • Search Past Annual Meeting Abstracts
      • Attendance Statistics
    • Meeting Policies and Guidelines
      • Code of Conduct at SfN Events
      • Guidelines for Participating in SfN Events
      • Photography & Recording Policy
      • Presenter Guidelines and Policies for SfN Events
    • Meeting Awards
      • Trainee Professional Development Award
      • FENS Member Awards to SfN Annual Meeting
      • IBRO Member Awards to SfN Annual Meeting
      • JNS Member Awards to SfN Annual Meeting
      • Science Journalism Student Award
      • FENS Forum Awards
      • IBRO World Congress Awards
      • JNS Meeting Awards
  • Careers
    • Careers Overview
    • NeuroJobs Career Center
      • Job Seekers
      • Employers
      • Virtual Career Fair
    • Neuroscience Training Program Directory
    • 2022 Graduate School Fair
    • Career Tools and Resources
      • Neurobiology of Disease Workshop
      • Scientific Short Courses
      • Responsible Conduct of Research Short Courses
      • Global Funding Sources
    • Higher Education and Training
      • Core Competencies
      • Neuroscience Training Program Survey
      • IP Affiliate Registration
    • Awards
      • Outstanding Career and Research Achievements
      • Early Career
  • Initiatives
    • Initiatives Overview
    • Awards
      • 2021 Award Winners
      • Trainee Professional Development Award
    • Neuronline
    • Resources to Stay Connected
      • SfN Zoom Backgrounds
    • Diversity Initiatives
      • Neuroscience Scholars Program
      • Latin American Training Program
    • Women and Neuroscience
      • Increasing Women in Neuroscience (IWiN) Courses & Toolkit
      • Celebration of Women in Neuroscience Event
      • Awards
    • Animals in Research
      • Support for Members and Institutions
      • Tools and Resources
      • Resources for Medical Students
    • Public Education Programs
      • Resources for Educators
      • Brain Awareness Video Contest
      • Life of a Neuron Exhibit
  • Advocacy
    • Advocacy Overview
    • Advocacy Network
      • The NeuroAdvocate Challenge
      • Advocacy Action Center
      • Advocacy Best Practices
      • Advocacy Network Newsletter
      • Advocacy Training Seminars
    • US Advocacy Programs
      • Capitol Hill Day
      • Connect with Policymakers
      • Early Career Policy Ambassadors
      • Partner with a Local Chapter
      • Engage the Media
    • Global Advocacy Programs
      • Global Neuroscience Initiatives
      • Global Funding
      • North American Programs
    • Science Funding
      • Advocacy Videos
      • Advocacy Resources
      • US Neuroscience Initiatives
      • Funding Priorities and Processes
    • Policy Positions
      • Statements and Testimony
      • Sign-On Letters
  • Outreach
    • Outreach Overview
    • BrainFacts.org
    • Find a Neuroscientist
    • Brain Awareness Campaign
      • Webinar: The ABC's of BAW
      • How to Get Involved
    • Awards
      • Award for Education in Neuroscience
      • Next Generation Award
      • Science Educator Award
  • Publications
    • Publications Overview
    • SfN News
    • JNeurosci
    • eNeuro
    • SfN Nexus
    • Neuroscience Quarterly
    • Annual Report
    • History of Neuroscience Autobiographical Chapters
  • About
    • About Overview
    • Mission and Strategic Plan
    • What We Do
      • Annual Report
      • Professional Conduct
      • Bylaws
      • Resolutions to the Bylaws
      • Strategic Partners
    • SfN 50th Anniversary Celebration
    • NIH Public Health Service-Supported Funding Financial Conflict of Interest Policy
    • History of SfN
    • Environmental Commitment
    • Volunteer
      • SfN Presidents
      • Committees
      • Elections
    • Professional Conduct
      • SfN Ethics Policy
      • Guidelines for Responsible Conduct Regarding Scientific Communication
      • Code of Conduct at SfN Events
      • Neuronline Digital Learning Community Guidelines
    • History of Neuroscience
      • Autobiographical Chapters
      • Autobiographical Videos of Prominent Neuroscientists
      • Classic Papers
      • Neuroscience History Resources
      • Robert Doty's Chapter on Neuroscience
    • Careers and Staff
      • Staff List
  1. About
  2. Volunteer With SfN
  3. Committees
  4. Finance Committee
Join or renew SfN membership before abstract submissions open on May 31.     Join or Renew       Learn about SfN Membership

The Finance Committee assists the Council in its fiscal management responsibilities, overseeing annual budgeting and financial practices, reviewing financial best practices, and making recommendations in accordance with SfN's mission and objectives.

Roles and Responsibilities

  • Review and recommend to Council the proposed budget for the next fiscal year.
  • Review and recommend to Council changes to multi-year planning targets, future price increases, and the multi-year reserve strategy.
  • Review the audit outcomes with the chair of the Audit Committee.
  • Oversee grants and development initiatives.
  • Oversee activities related to the leasing, management, and long-term maintenance of the SfN headquarters building.

Mission

The Finance Committee shall assist the SfN Council in its oversight responsibilities relating to prudent fiscal management. The Committee, working in conjunction with Council, will review and monitor the annual budgeting and financial practices of the Society. Through research and review of data, and with consideration of best management practices, the Committee will make recommendations to the Council that will enable the Society to fulfill its mission and objectives.

Responsibilities

Monitor

  • Review financial updates consisting of the most current forecast and forecast trend for the Professional Society.
  • Review the most current month's variance report for 1121 Properties, LLC.
  • Monitor leasing activity and final lease agreements for 1121 14th St.
  • Monitor the past fiscal year's results, which consists of a variance of actual to budget, and the audit outcome for both the Professional Society and 1121 Properties, LLC.
 

Advise

  • Review the proposed operating budget, including various fee changes, for the Professional Society and 1121 Properties, LLC for the coming fiscal year. After review and amendment, if necessary, the Committee will recommend the final operating budgets to Council for approval.
  • Review the multi-year planning targets annually and advise Council on their benefit in financial planning for the Society, especially as it relates to the reserve strategy.
  • Advise the Investment Committee, in cooperation with Council, regarding the investment policy in the context of the Society's overall budget and long-term financial vision.
  • Review and amend, if necessary, proposals for Strategic Initiatives to be funded by the Strategic Investment Fund (SIF). Determine if projects are deemed strategic in nature and recommend SIF funded projects to Council, as appropriate.
  • Recommend an overall pricing strategy to Council for approval.
  • Annually review and recommend, as necessary, modifications to the pricing strategy.
 

Manage Activities

  • Move funds to the investment portfolio on a regular basis, utilizing cash flow analysis and optimizing the cash usage by utilizing a line of credit.
  • Update the reserve strategy based on current investment returns, revenue and spending projections, and risk assessment, in conjunction with the Investment Committee.
  • Oversee the management of the Society's bank accounts.
  • Oversee the management of the Strategic Investment Fund.
  • Develop a sound and consistent pricing strategy that reflects the goals of Council.
  • Review and approve annual fee increases necessary to support the business and program plans.
 

Coordinate and Communicate

  • Coordinate activities with the other committees in the Finance Cluster, which also includes the Audit Committee and the Investment Committee. The chair will serve as the committee's representative on the cluster steering committee.

Composition

The committee is composed of the Treasurer (as chair) and regular members, who serve a five-year term. The investment committee chair, past Treasurer and the Treasurer-Elect will each serve as ex officio members of the committee. Committee members are recommended by the Committee on Committees and approved by Council.

Schedule

The committee meets three times per year, in the Spring prior to the Spring Council meeting, in the Summer prior to the Summer Council meeting, and during the annual meeting.

Finance Committee

Chairperson Term Ends
Maynard, Kenneth I
11/14/2023
Members  
Sisk, Cheryl L
Michigan State University
11/15/2023
Martin, William J
Janssen Pharmaceutical Companies of J&J
11/15/2023
Biswas, Shiona
currently unaffiliated
12/31/2023
Kastner, Sabine
Princeton University
10/9/2024
Pitkanen, Asla
Univ Eastern Finland
10/9/2024
Sved, Alan F
University of Pittsburgh Department of Neuroscience
10/9/2024
DiCicco-Bloom, Emanuel M
Rutgers Robert Wood Johnson Medical School
11/18/2025
Randall, Fiona E.
11/18/2025
Toth, Katalin
University of Ottawa
11/18/2025
Bredt, David
Janssen PRD
11/18/2025
Segal, Rosalind A
Harvard Medical School Graduate Program In Neuroscience
11/17/2026
Ex Officio Members Term Ends
Dingledine, Raymond J
Emory Univ Sch Med
11/14/2023

Featured

  • The #SfN Mobile App is Now Available for Download!
  • Neuroscience 2011 Lecturer Wins 2022 Nobel Prize
  • Advice for Navigating Academia as a Black Woman
SfN Websites
  • BrainFacts.org logo
  • eNeuro logo
  • JNeurosci logo
  • Neuronline logo
Engage with SfN
  • join Join
  • give Give
  • advocate Advocate
  • publish Publish
Quick Links
  • SfN News
  • For Press
  • Global Events
  • Contact Us
  • Advertise
  • Code of Conduct
  • Jobs at SfN
Follow SfN
  • Facebook logo
  • Twitter logo
  • Instagram logo
  • LinkedIn logo
  • YouTube logo
  • RSS feed logo
SfN logo with "SfN" in a blue box next to Society for Neuroscience in red text and the SfN tag line that reads "Advancing the understanding of the brain and nervous system"
1121 14th Street NW, Suite 1010, Washington, D.C. 20005
(202) 962-4000
  • Accessibility Policy
  • Disclaimer
  • Privacy Policy
  • Contact Us

Copyright ©
Society for Neuroscience