4.1. | Purpose Fundraising may be conducted only for the purposes of the general welfare, education or morale of the students in the school. The purpose for which funds are raised must be clear and, in addition, should preferably be for enhancements of curricular and extra-curricular activities. |
4.2. | Communication of Purpose The specific purpose of a fundraising project must be known to all of the organizers, workers and persons from whom support is sought. |
4.3. | Volunteers Fundraising is to be accomplished by voluntary not-for-profit efforts unless the board approves otherwise. |
4.4. | Activities Fundraising activities and their conduct must be consistent with the goals of public education, in good taste and comply with the law. Incentives which encourage student competition in fundraising should be discouraged. |
4.5. | Commercially-Oriented Activities Fundraisers, before proceeding should evaluate vendors, products, service and commercial terms. Potential purchasers must be informed that:
a) | The school district does not warrant or guarantee products, services or vendor performance. | b) | The product or service is not endorsed to parents as a part of their child’s education program. | c) | The sale is being solicited to realize benefits and indicate how the benefit will be utilized. |
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4.6. | Location For elementary school students, the raising of money is generally to be limited to functions at the school or those sponsored by the school at other locations. House-to-house canvassing and solicitation at business establishments and shopping centres is strongly discouraged for student safety reasons. |
4.7. | Instructional Resources The use of instructional time and resources for fundraising is to be avoided. |
4.8. | Project Administration Projects shall be administered in conformity with good business practice, including sound accounting procedures. Required taxes must be collected and remitted on such sales. |
4.9. | Expenditures Funds raised are to be expended for the purpose for which they were raised. |
4.10. | Accountability Each fundraising activity or set of common activities shall be separately accounted for pursuant to district standards. Those involved in fundraising are to be informed how funds were expended. |
4.11. | Funds Accumulation Funds raised are to be directed to the benefit of students and are not to be accumulated other than for specific projects. |
4.12. | Refund of Parent Contribution Where a combination of fundraising and parent contributions exceeds the financial requirement of a function, surplus funds may be:
a) | Retained by the school for application to other student activities or, | b) | Refunds provided to parents to the maximum of their cash contributions. |
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4.13. | Refund of Public Contribution Where public fundraising exceeds the financial requirements of a particular project, the balance of funds remaining are to be utilized for a similar project or for a similar group of students. Contributions are not refundable unless an escrow arrangement was established at the time of receipt of funds.
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