[Rotary] Regarding ticket sales for Casino Night

[Harold Hauck]

John,

You raise an interesting point, the checks for  a Rotary Club fund raising
event like Casino Night need to be made out to the Mendocino Rotary
Foundation for tax deduction purposes. However, I think I as the Rotary Club
Treasurer I should receive all checks and cash generated by Casino Night. I
will deposit any cash in the Activities Account and log all checks received.
I will then deliver those checks to the foundation for them to deposit into
their account and when I receive a check from the foundation representing
the total Casino Night check deposits, I will in turn deposit the
Foundation's check in the clubs Activity account.

I think that will be the simplest way to handle it.

Harold

 

From: rotary-bounces at lists.mcn.org [mailto:rotary-bounces at lists.mcn.org] On
Behalf Of JPorter631 at aol.com
Sent: Sunday, February 15, 2015 9:19 PM
To: schuler.donna at gmail.com; Rotary at lists.mcn.org
Subject: Re: [Rotary] Regarding ticket sales for Casino Night

 


Keep in mind checks made out to the Foundation are NOT available for meeting
the Club's  expenses and avenues of service.   I think it is a bad idea to
tell people 

 to make checks to the Foundation.  We lose  control of how that money is
spent.   The CLUB will make  donations  to the Foundation depending on what
we can afford in light of other commitments.    John P

 

 

In a message dated 2/15/2015 8:17:45 P.M. Pacific Standard Time,
schuler.donna at gmail.com <mailto:schuler.donna at gmail.com>  writes:

Hi everyone,

The question came up at our table at last weeks meeting. "Who should I turn
the money in to- for the ticket sales, Harold?"

My  recommendation is that if it is a check, or checks, mail to:  

Mendocino Rotary Club

PO Box 102

Mendocino, CA 95437

If cash, of course it will need to be given to Harold.

 

Another question that came up, " Who should they make out the checks to?"
The answer is: Mendocino Rotary Foundation (which is a 501c3). Most everyone
would like to make a donation with a tax benefit, so have them made out to
our Mendocino Rotary Foundation.

 

Do you have thoughts regarding these questions?  President John, can we
bring up this topic for brief clarification at our next meeting? We finally
have s system established for accepting checks for Rotary Park and the
Foundation, and giving thank you notes in a timely manner. We could discuss,
or maybe run a scenario, because I expect I'll hear some questions, such as
how much of the funds raised from Casino Night are to go for various
projects? I am wondering if we are going to use percentages.

Thanks,

Donna 

 

-- 

Donna Schuler



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