Our district has decided to close one of its 3 2nd-5th grade buildings. Officers from all 3 met to discuss disbanning the remaining 2 and making 1 PTO to service both schools.(which will now be a 2-3 building and a 4-5 building) There is nothing in our by-laws about disbanning. Is there a procedure to follow? - kristenc
You probably don't want to dissolve all three PTOs -- just two. The remaining one will be renamed and will become the umbrella PTO. That way you won't have to start from scratch with bylaws, incorporation, tax-exempt status, etc. As far as dissolving the two PTOs--if they're incorporated, you may need to file a dissolution form. Check with the state corporations office. If the groups have 501c3 tax-exempt status with the IRS, you need to notify the IRS that the groups are being dissolved, and you may need to notify your state attorney general's office as well. You may donate any money or other assets to the remaining PTO, as long as it is a tax-exempt 501c3 or you will be applying for that status, or you may donate it to a school or the school district.
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