Question: Financing afterschool clubs
The chair of our first afterschool club is upset that the funds raised by the club is being put back into the PTO general fund instead of set aside for the club. The PTO current covers the liability insurance as well as equipment necessary for the club. Do we allow them to keep their funds separate?
Asked by TCollins
Advice from PTO TodayCraig writes:
Do you want the club to do its own fundraising? If so, you should probably split the money. It's reasonable for the PTO to take some of it, since you're incurring expenses. But there's not much incentive for the club to raise funds if they don't get to keep any of the money. You might open a separate bank account for club money and have the PTO treasurer and club leader be signers on it.
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