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Fundraising
2008-2009
A recognized student
organization may engage in fund-raising activities for a specific purpose
that has been approved by the Office of Student Affairs.
Fundraising
activities must observe legal boundaries and College policies. Each
proposed fund-raising activity should be submitted to the Office of
Student Affairs along with its purpose, location and time. Prior to
submitting the proposal the sponsoring group should clear the date of the
activity with the vice president for development.
Careful records of
revenues must be kept so that appropriate tax reporting can be done. Sales
tax must be remitted for any items that are purchased and resold rather
than used.
Revenues generated
through fund raisers should be deposited by the recognized student
organization in its agency account. Along with the deposit, the
organization should submit to the Business Office a statement of total
sales and the amount of sales tax due. The Business Office will
automatically deduct the sales tax from the agency account at the
appropriate reporting time.
Last Updated:
August 11, 2008 |
