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Fund Raising
Policy
Purpose
The Titans fund raise to help
keep fees manageable for families. Without fund raising many
families would find the dues and fees prohibitive. Fund
raising is an integral component of the Titans funding model, which
also includes income from meets we host and participant dues and
fees. Because of its importance in our funding model, the
Titans need accurate fund raising projections during
budgeting. The following policy provides this predictability
to our fund raising income.
Participation
All Titans families are
required to participate in fund raising events by contributing
funds in an equal or greater amount determined by the board of
directors for each fiscal year. Our fiscal year is 1 September
through 31 August. The board of directors will annually
determine the fund raising amount required from each during
budgeting.
All Titans families active
for any part of the fiscal year will be required to provide the
entire fund raising contribution regardless of actual
participation. For example, a family that takes a three month
break or that resigns from the Titans at any time, will be required
to pay the entire amount.
Exception: Families new to the Titans will be granted a
three month grace period and thereafter have their fund raising
amount determined by prorating according to the number of months
remaining in the fiscal year. For example, a family joining in
January will be required to contribute the equivalent of five
months fund raising. January, February, and March will be
their grace period and their fund raising obligation begins in
April and runs through August.
Events
The Titans will organize two
primary fund raising programs each fiscal year. Other fund
raising programs proposed by parents or a group of parents must be
approved by the board of directors and be open to participation by
all members of the Titans. Families may also offset part or
all of their fund raising requirement with website
sponsorships.
Contributions
For the fiscal year beginning
1 September 2008, the amount shall be set at $600 per
family. The effective date of this policy shall be 1 January
2009. Each family will, therefore, be required to contribute
funds totaling $400 (8 months). Thereafter, the board
of directors will determine the fund raising requirement
annually.
Billing of Outstanding
Contributions
Each family is required to
complete the full fund raising requirement by the last business day
April each year. The total of any outstanding contributions
will be added to their statement for June of the year (on the
invoice released 21 May). Families may pay additionally each
month to be credited to their fund raising contribution. The
Titans are not responsible for reminding families of this
option. Fund raising is the responsibility of the
family.
Transferability
Amounts raised in excess of
the minimum contribution requirements are not transferable to
subsequent years or to other Titans accounts.
Appeal for
Relief
Families may appeal to the
board of directors for relief. Each appeal will be decided on
a case by case basis. All appeals must be made in
writing to the board president.
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