School District Homepage
|School District of Philadelphia|
|Policy and Procedures|
|Subject||Fund Raising Activities|
|Classification||Accounting for Funds Raised in Schools|
|Date Issued||September 1992|
|Issued by||Office for School Operations|
|Review Before||As determined|
A. A very clear delineation must be made between those fund raising projects sponsored by the school and those sponsored by the Home and School Association.
B. Fund raising projects sponsored by the school should be planned for the entire school year. This listing of projects should be shared with the respective Regional Superintendent.
C. Fund raising projects sponsored and conducted by a Home and School Association, involving the participation of school personnel and pupils, must be approved by the principal.
D. All proceeds accruing from fund raising projects sponsored and conducted by a Home and School Association become the exclusive property of the Home and School Association.
E. Moneys from Home and School fund raising projects may be designated by the association to be used for a purpose as decided by the school.
F. Fund raising projects sponsored and conducted by school personnel and pupils may enlist the participation of the Home and School Association, but the proceeds accruing from these projects become the exclusive property of the school.
1. A financial report must be made for all projects within five school days following the activity.G. All moneys accruing to the school from fund raising activities are to be accounted for in accordance with the School District of Philadelphia School Funds Manual, September, 1990, and are subject to audit by the Internal Controller of the School District; funds of Home and School Associations are not.
2. This report must be shared with the staff and the Home and School Association.