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Funds: collecting funds at chapter activity - guidelines
Funds: collecting
funds at chapter activity — guidelines
When collecting funds at chapter-hosted activities (fund-raisers, appeals, collections), please follow these important guidelines:
- The person who collects and counts the funds being collected should not be the chapter's financial director (or whichever leader is responsible for depositing the funds into the chapter account).
- Have at least two people collect and count the funds at the activity, and then turn the money over to the financial director (or another chapter leader) for deposit. This way, there are multiple people to substantiate the amount deposited, in case that amount is ever called into question. It's never a good practice to have one person responsible for collecting, counting and depositing funds.
- The financial director should include these and all other transactions in a detailed financial report at each chapter meeting. The report should include beginning balance, a list of deposits, a list of checks written and ending balance.
Additional topics
Appeals
and collection - requirements
Care
programs overview
Six member households
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use by employees, volunteers, and agents of Thrivent Financial for Lutherans
in connection with fraternal activities of Thrivent Financial for Lutherans.