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TaxID:51-0367667

USTC Alumni Foundation
5255 Stevens Creek Blvd
Suite 121
Santa Clara, CA 95051

afgb@ustcaf.org

Finances

Finance Committee Meeting Minutes - July 31, 2021

Finances

中科大财务管理委员会第一次会议纪要

时间:2021 年 7 月 31 日美国东部时间晚上 10 点至 11 点 15 分
参加者:李先进,黄河,迟世宏,胡荣湘,牛磊
主持:黄河(委员会主席)
中科大理事会于2021 年 7 月 16 日决定成立的财务管理委员会召开了第一次虚拟会议。委员会五名成员均出席了会议,达到会议法定人数。

Read more: Finance Committee Meeting Minutes - July 31, 2021

Finance Committee Charter

Finances

Finance Committee Charter
As adopted by the USTCAF Board of Directors
on July 16, 2021

I. Purpose

The Finance Committee of the Board of Directors ("Board") of The University of Science and Technology of China ("USTCAF") is responsible for:

A. Developing and recommending short and long-range strategic financial objectives for the Foundation; and

B. Providing strategic oversight on financial matters for the Foundation.

Read more: Finance Committee Charter

Introduction to the USTC AF Finance Operations

Finances

Treasurer: HU, Rongxiang (John), confirmed in Feb, 2011.

Full Accounting Records in Real Time: http://www.ustcaf.org/gnucash

Financial Statements

Finances

We started using a new accounting system at the beginning of 2011, here are the quarterly and annual financial statements.

2024 Annual Reports

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2023 Annual Reports

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2022 Annual Reports

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2021 Annual Reports

  • Balance Sheet - Restated (Original)
  • Income Statement - Restated (Original)
  • Cash Flow Statement - Restated (Original)

2020 Annual Reports

  • Balance Sheet - Restated (Original)
  • Income Statement - Restated (Original)
  • Cash Flow Statement - Restated (Original)

2019 Annual Reports

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2018 Annual Reports

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2017 Annual Reports

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2016 Annual Reports

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2015 Annual Reports

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2014 Annual Reports

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2014 4th Quarter

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2014 3rd Quarter

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2014 2nd Quarter

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2014 1st Quarter

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2013 Annual Statements

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2013 4th Quarter

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2013 3rd Quarter

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2013 2nd Quarter

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2013 1st Quarter

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2012 Annual Statements

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2012 4th Quarter

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2012 3rd Quarter

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2012 2nd Quarter

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2012 1st Quarter

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2011 Annual Statements

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2011 4rd Quarter

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2011 3rd Quarter

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2011 2nd Quarter

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

2011 1st Quarter

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

Accounting System

Finances

The USTC AF operates a web based accounting system as of our membership portal (at https://www.ustcaf.org/members) that keeps track of the following information:

  • Donors, Donations, and Donation Pledges
  • Awards and Award Recipients
  • Bank and Investments Accounts and Balances
  • Sub-funds and their related activities
  • Quarterly Financial Statements

The information in the accounting system is available in real-time to all of our members on a read-only basis. To use the system, you need to register an account for yourself, the process is quite simple, and there are instructions along the way. If you have difficulties with any aspect of the access, please let us know.

  1. HU Rongxiang (John) Confirmed as Treasurer
  2. WANG Kefei appointed as AF Treasurer

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