Endowment Fund Carryover Decisions

Owned by Tiffany Tran
Last updated: Dec 18, 2021
2 min read

The purpose of this page is to document the responses received from EngSoc, MEF, and WEEF regarding Midnight Sun’s request to carry over funding originally granted for MS XIV to the next project.

EngSoc

Email received November 12, 2021

Proposal Name

Term Awarded

Amount Granted

Description

Interiors Components Funding

S21

$263

Funding for RH Door Latch, LH Door Latch, Brackets

EngSoc is only able to sponsor the things that the application was put towards initially. The funding can’t be carried over to a new project unless the same parts would be used.

Midnight Sun decided to forfeit the Interiors Components Funding ($263) granted in S21 for door latches and brackets.

MEF

Email received November 16, 2021

Proposal 1209-20-0023 funding of the amount of $10,000 will not be extended, thus will expire this term per the original terms. 

Proposal 1211-20-0030 funding of $15,000 may be carried over up until original expiration of April 8th, 2022.

Proposal 1215-20-0014 funding of $9,100 may be carried over to the next project with the original expiration of Aug 20th, 2022.

These decisions are contingent on the following conditions:

  • Midnight Sun's next project to which these funds apply is similar in purpose and nature compared to the approved MS XIV project

  • Midnight Sun's percentage of Math students involved in the project is at least 10% (consistent with the percentage of total involved students from the Winter 2020 proposal) This is subject to confirmation at any point between now and Aug 20th, 2022, and will be verified in any applications for additional funding in upcoming terms (Winter 2022, Spring 2022). 

  • Original condition of proof of acknowledgment of MEF’s contribution to your organization or initiative provided at the time of reimbursements

Note that failure to comply with any of the above conditions may result in a loss of carried forward funding to the new project. Please kindly reply to this email to accept the updated terms regarding Midnight Sun's grants and the conditions that come with this funding decision.

Midnight Sun accepted the updated terms and conditions, thus losing the unused portion of the $10K (Proposal 1209-20-0023) and enabling the amounts stated above to be carried over to MSXV.

WEEF

Waiting for a response