{"id":329,"date":"2014-07-07T12:24:33","date_gmt":"2014-07-07T16:24:33","guid":{"rendered":"http:\/\/aig.alumni.virginia.edu\/cdaa-college-topics\/?p=329"},"modified":"2014-07-07T14:16:00","modified_gmt":"2014-07-07T18:16:00","slug":"needed-alumni-business-financial-expertise","status":"publish","type":"post","link":"https:\/\/aig.uvaalumni.org\/cdaa-college-topics\/2014\/07\/07\/needed-alumni-business-financial-expertise\/","title":{"rendered":"Needed: Cav Daily Alumni with Business or Financial Expertise"},"content":{"rendered":"<p>On June 24, the CDAA voted unanimously to approve $15,000 in order to assist with <em>The Cavalier Daily<\/em>&#8216;s operating debts and expenses. Provisions of this funding allocation also will establish a new financial oversight committee tasked with:<\/p>\n<ul>\n<li>evaluating the newspaper&#8217;s business model and accounting practices (including its print schedule, recurring costs, etc.)<\/li>\n<\/ul>\n<ul>\n<li>suggesting potential alternative revenue streams<\/li>\n<\/ul>\n<ul>\n<li>assessing the feasibility of a capital campaign to provide the paper with a lower-cost facility or help with other long-term financial needs<\/li>\n<\/ul>\n<ul>\n<li>ensuring that all CDAA funding is spent according to these goals<\/li>\n<\/ul>\n<p>The <a href=\"http:\/\/bit.ly\/cdaa_funding\">full proposal<\/a> is available for review.<\/p>\n<p>The committee will include the five student members of the paper&#8217;s managing board and <b><i>eight\u00a0<\/i><\/b><b><i>volunteer alumni advisers<\/i><\/b>. It will provide monthly assessments based on reviews of the paper&#8217;s financial documents.<\/p>\n<p><b>Interested Applicants<\/b><\/p>\n<p>Those interested in applying to be on the financial oversight committee, please send an email to <a href=\"mailto:cdaafinance@gmail.com\">cdaafinance@gmail.com <\/a>outlining your interest and qualifications by <b>no later than Saturday, July 19<\/b>. At that time, the CDAA will review the applicant pool and respond accordingly. Weight will be given to applicants based on the following criteria:<\/p>\n<ul>\n<li>graduate of U.Va.<\/li>\n<\/ul>\n<ul>\n<li>some level of experience working in media industry or business\/financial sector<\/li>\n<\/ul>\n<ul>\n<li>demonstrates commitment to the committee and its goals, as well as enough time and effort to devote to being an active participant<\/li>\n<\/ul>\n<ul>\n<li>demonstrates investment in <em>The Cavalier Daily<\/em> and familiarity with its recent history\/struggles<\/li>\n<\/ul>\n<p><b>Professional Financial Review<\/b><\/p>\n<p>Another provision of the funding allocation will be that <em>The Cavalier Daily<\/em> undergo a professional financial review by January 2015. While this is not expected to be done on a volunteer basis, a priority of the paper&#8217;s is still to keep costs at a bare minimum.<\/p>\n<p>Anybody within our alumni network who can make a referral or offer such services at a free, reduced or minimal cost, please contact CDAA Networking Coordinator Ben Sellers at <a href=\"mailto:cdaanetworking@gmail.com\">cdaanetworking@gmail.com<\/a>. Include, if possible, a quote estimate of the time and cost of the services.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On June 24, the CDAA voted unanimously to approve $15,000 in order to assist with The Cavalier Daily&#8216;s operating debts and expenses. Provisions of this funding allocation also will establish a new financial oversight committee tasked with: evaluating the newspaper&#8217;s business model and accounting practices (including its print schedule, recurring costs, etc.) suggesting potential alternative [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[89],"tags":[14,5,88,84],"class_list":["post-329","post","type-post","status-publish","format-standard","hentry","category-request-for-help","tag-ben-sellers","tag-finances","tag-financial-oversight-committee","tag-funding-proposal"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Needed: Cav Daily Alumni with Business or Financial Expertise - Cavalier Daily Alumni Association<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aig.uvaalumni.org\/cdaa-college-topics\/2014\/07\/07\/needed-alumni-business-financial-expertise\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/aig.uvaalumni.org\\\/cdaa-college-topics\\\/2014\\\/07\\\/07\\\/needed-alumni-business-financial-expertise\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/aig.uvaalumni.org\\\/cdaa-college-topics\\\/2014\\\/07\\\/07\\\/needed-alumni-business-financial-expertise\\\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Needed: Cav Daily Alumni with Business or Financial Expertise\",\"datePublished\":\"2014-07-07T16:24:33+00:00\",\"dateModified\":\"2014-07-07T18:16:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/aig.uvaalumni.org\\\/cdaa-college-topics\\\/2014\\\/07\\\/07\\\/needed-alumni-business-financial-expertise\\\/\"},\"wordCount\":341,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/aig.uvaalumni.org\\\/cdaa-college-topics\\\/#organization\"},\"keywords\":[\"Ben Sellers\",\"finances\",\"financial oversight committee\",\"funding proposal\"],\"articleSection\":[\"Request for Help\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/aig.uvaalumni.org\\\/cdaa-college-topics\\\/2014\\\/07\\\/07\\\/needed-alumni-business-financial-expertise\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/aig.uvaalumni.org\\\/cdaa-college-topics\\\/2014\\\/07\\\/07\\\/needed-alumni-business-financial-expertise\\\/\",\"url\":\"https:\\\/\\\/aig.uvaalumni.org\\\/cdaa-college-topics\\\/2014\\\/07\\\/07\\\/needed-alumni-business-financial-expertise\\\/\",\"name\":\"Needed: Cav Daily Alumni with Business or Financial Expertise - 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