Joint Fundraising Tidbits
SRHS Booster Club is in partnership with Administration, Coaches/Directors and Student Council to ensure an ethical distribution of fundraiser monies between the booster club and student club accounts.
For the SRHS Booster Club to remain in compliance with IRS 501(c)(3), Arizona State laws and Dysart School District’s Governing Board we need to assure the following is being done:
When Students are Involved in a Fundraiser:
Booster Process:
Coach/Director Process:
Any time money is going to be deposited into Student Club Account (Different from Booster) the club’s coach/director needs to do the following…
For the SRHS Booster Club to remain in compliance with IRS 501(c)(3), Arizona State laws and Dysart School District’s Governing Board we need to assure the following is being done:
When Students are Involved in a Fundraiser:
- A "reasonable" split of monies needs to take place between the sub-booster and student club
- Reasonable = Determined by student/parent "effort" and what the sub-booster and coach/director agree upon.
Booster Process:
- Before an event or sales happen, all fundraisers need to be discussed with the coach/director, voted on by sub-booster officers and entered into sub-booster minutes
- Complete Fundraiser Form and submit to [email protected] for approval
Coach/Director Process:
Any time money is going to be deposited into Student Club Account (Different from Booster) the club’s coach/director needs to do the following…
- Before an event or sales happen, complete Fundraiser Activity Request Form (Dysart Employees Only)
- Submit completed forms to Tammy Pierce (SRHS Student Council) or Jeanette Landis (SRHS Bookstore)
- Submitting this request is the first step in the process your fundraiser request must still be approved through the board
Teamwork makes the dream work
|
Examples of No Split of Monies Required:
If parents (only) set up an event or sell items booster may take 100% of the profit
Examples of Required Split of Monies: If parents and kids are participating in an event or selling items it may be reasonable to have a 50/50 split of profits (half to boosters and half to student club)
If parents and kids are holding an event and the kids are doing a majority of the work maybe a 10/90 split is agreed upon
If kids (only) are doing an event where they get pledges it would be reasonable for a 100% of the profit go to the student club.
Each fundraising event is different. It is up to each sub-booster and coach/director to be ethical, reasonable and practice good-faith. These are guidelines to help you if you still need assistance please contact the Fundraising Administrator. |