Self-Generated Revenue

Examples of SGR are:

• Pepsi Grant 
• UMD Launch 
• Concessions from working at a UMD athletic event
• SEE Review Board Funding
• Rise Above Grants
• University Career Center: Fall & Spring Career Fair Funding
  • At the beginning of each Fall and Spring semester student groups with approved USource accounts will be emailed to indicate their interest in working at the Career Fairs
  • Student groups' USource payments will be based on the number of hours each group member volunteers
• Do Good Challenge
• The Dingman Center for Entrepreneurship's Spark Fund
  • The Spark Fund provides a unique chance for student clubs to receive funding up to $500 - 600 to host an impactful entrepreneurial event or meetup on campus, while also offering the chance to showcase the core essence of your club.
• Donations/Grants/Contributions from University Departments
  • If a university department is transferring funds to your account, it can take up to a month for the funds to appear in your Workday USource account
  • To expedite access to those funds, the university department can email SORC (sorc@umd.edu) notifying them that the transfer has been initiated. They should include details of the transfer in Workday (i.e. journal number) in the email.

Acceptable Uses for SGR

• SGR is not subject to SGA restrictions or caps. Some examples of items that are prohibited by SGA but can be purchased with SGR are:
  • Food
  • Items that will be sold by the group
  • Items that are considered giveaways and/or of personal benefit such as t-shirts for individual members, promotional items, etc.
  • Lodging
• SGR is subject to State of Maryland and university restrictions. Prohibited items include (but are not limited to):
  • Alcohol
  • Tobacco products
  • Gift cards
  • Donations to charitable organizations
• Purchases and expenditures using SGR must be able to be managed using existing SORC processes as outlined in this training. These processes are:
  • Internal Service Requests
  • Purchase Orders
  • Contracts
  • Travel Expenses

• SGR is deposited into your account with SORC, if one already exists.
  • Student organizations must have received funding from the SGA in order to be given a university account with SORC.
  • SORC cannot create accounts for organizations whose sole funding comes from SGR.
  • Please note that if your group does not have an account with SORC, you must work with the department that is allocating the money to help you spend it.
• If you are the President or Treasurer of a group that only has SGR (no SGA funds) funds in your account, you are still required to complete our SPEND Training.
• State of Maryland and University of Maryland spending processes as outlined in the training and SORC Finance Manual apply to SGR.
• You can never withdraw funds from your SGR, nor can you transfer SGA funds into your SGR.
• You are not permitted to deposit non-university funds into your SORC account without prior authorization from SORC.
• SGR can remain in your organization’s SORC account from year-to-year. However, groups whose accounts remain inactive for three years will be closed and any SGR in the account at that time will be transferred to the SORC operating account.