The treasurer shall deposit all club funds in a bank, named by the board. The club transactions funds shall be divided into two separate parts: club operations and service projects. There are two bank accounts the operating account and the restricted account shared by the Cobb Community Foundation. The latter account is for donations that are donor restricted and require a 501 (c) (3) designation. Additional accounts may be set up at the request of the Board to track specific fundraising activities.
|Revision Date||Jul 1, 2018|