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Chip > Chapter Activities > Funds: carrying funds over to the next year

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Funds: carrying funds over to the next year

Funds remaining for any of the chapter Care programs by the activity request deadline do not carry over to the following year. These funds are returned to the corporate fraternal budget for other benevolent outreach efforts. However, chapter operating funds remaining at year-end do carry over to the following year.

Accumulating or investing operating funds from year to year is inappropriate. Operating funds are intended to be used in the year provided. As a general rule, carry no more than 10 percent of the chapter's annual allocation to the next year. For more information about operating funds, please reference the Managing and Reporting Chapter Operating Funds quick reference guide (PDF, 302K).

Additional Topics
Funds: Care Abounds in Communities® funds - handling requests after all funds distributed
Funds: transfering between chapters not allowed
Funds: requesting from other chapters
Operating funds overview
Determining annual amounts
Managing and Reporting Chapter Operating Funds (PDF, 302K)
Deposit requirements/schedule
Planning and appropriate uses
Reporting operating expenses



This is proprietary information that is solely for use by employees, volunteers, and agents of Thrivent Financial for Lutherans in connection with fraternal activities of Thrivent Financial for Lutherans.


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This document was last updated on Friday, December 29, 2006 at 10:24 AM