$1.6M in expenses

Grants and allocations: in accordance with the executive committee approved distribution of funds policy of GICA, all undesignated funds are distributed 60 percent equally to the member colleges and 40 percent to such colleges in proportion to total regular, full-time undergraduate enrollment in the colleges of arts and sciences. Designated funds are distributed to the colleges specified by the donor.

$130K in expenses

Compliance collaborative program: the compliance collaborative program ("CCP") is a collaboration of 14 GICA member institutions to assist participants by providing training and guidance regarding various compliance-related issues under the guidance of the compliance program director. The immediate areas of focus include the americans with disabilities ACT, title ix, the clery ACT, and the violence against women ACT. However, the exact topics will shift in any given year with the needs of the participating institutions.

$2K in expenses

In 2024, GICA launched a multiple employer retirement plan, called a mep. By sponsoring the mep, we make a shared erisa plan available to member colleges where they can move their individual 503(b) or 401(k) plans into the shared plan. The mep offers participants reduced costs, shared governance, and comprehensive erisa compliance.