Finance Committee Update August 2021

PCICS has weathered the financial storm of the COVID-19 pandemic and we are continuing our mission to empower a diverse global community of pediatric cardiac critical care clinicians dedicated to improving the lives of patients and their families.  It is vital to the success of our overall mission that we focus on the financial viability of the Society.  The PCICS Finance Committee has been convened, under the leadership of Lindsey Justice, DNP, APRN, CPNP-AC (PCICS Treasurer) and Michael Fundora, MD (Committee Co-Chair).  The responsibility of the Committee is to oversee the financial activities of the Society to promote its fiscal stability and long-term economic health. The Committee will provide the Board with oversight of the organization’s budget, financial reporting, audits, investments, and financial relationships. Over the past several months, the committee has reviewed the financial statements from prior years and worked with the executive leadership team and other PCICS committees to promote and ensure funding for our educational courses, publications, and future conferences.  The Committee has developed a 5-year financial plan to guide the Society toward a more stable financial future so we can continue to provide a professional home and meaningful benefits for our members.  We have also decided to more optimally utilize our PCICS Foundation and we sent out a call for volunteers to join the PCICS Foundation Steering Subcommittee.  Members of this subcommittee will help develop and execute a strategic plan (including solicitation of charitable donations) for how best to utilize the PCICS Foundation moving forward.