Student Organization Finance Office (SOFO)

students in line at the SOFO window

Contact

Hours

Regular:
Monday - Friday: 9:00 a.m. to 4:00 p.m.    

Summer and Academic Breaks:
Monday - Friday: 9:00 a.m. to 1:00 p.m.

Location

First Floor (map)

What We Do

The Student Organization Finance Office (SOFO) serves as the banking center for all student groups recognized by Northwestern University. As such, it facilitates financial transactions and offers an independent and verifiable record of all the activity that occurs on these organizational accounts.

Student organizations are financially accountable to their members and the student body at large. Though they are not recognized as legal entities outside of Northwestern, they do, at times, “represent” the University unofficially by the programs and activities they sponsor and make available to the general Evanston public. This association with the University brings them many benefits (e.g., exempt status from Illinois sales tax) and responsibilities (e.g., adherence to documentation requirements).

SOFO is committed to providing student organizations with a financial framework that helps student treasurers maintain accurate and detailed records while allowing them and student presidents the flexibility to pursue their organizations’ stated purposes and objectives.

Statement on Financial Integrity and Conflict of Interest

SOFO actively seeks to improve its operations with regard to service and financial integrity. All SOFO employees are trained according to very strict policies and guidelines. Of primary emphasis in this training is the role of the staff members as verifiers. SOFO employees do not authorize transactions; they simply verify that the transaction requests made at the service counter are congruous with respect to the SOFO Policies and Procedures (PDF).

If a student employee is also an officer of a student organization, that student must interact with SOFO in the same exact manner as would any other student group officer. The person must initiate the transactions at the service counter outside of the office. Further, (s)he cannot assist in processing any transaction affecting her/his own group’s account.