Fundraising Guidance 2019 Opgeslagen in Drive Presenteren Delen Inloggen BestandBewerkenBekijkenHelp Alleen bekijken 1 F UNDRAISING 101 N ATICK P UBLIC S CHOOLS 2 Natick Public Schools • 13 East Central Street, Natick, MA · 01760 • Visit us online: www.natickps.org W HY IS THIS IMPORTANT ? The School Committee recognizes that the endeavors and objectives of booster and support organizations and similar groups can be a valuable means of supporting achievements of our public school system. This support should be encouraged whenever appropriate as a means of involving the public in the activities of the school system. 3 Natick Public Schools • 13 East Central Street, Natick, MA · 01760 • Visit us online: www.natickps.org W HAT D OES THE L AW SAY ? ✔ Massachusetts General Laws require that certain organizations engaged in fundraising activities for support of public purposes be registered as a non-profit corporation with the Commonwealth of Massachusetts’ Secretary of State and as a public charity with the Office of the Attorney General (public charity registration is only required if the organization is raising in excess of $5,000 per calendar year). Registration does require the organization to draft and file Articles of Organization and Organization By-Laws. ✔ Organizations that provide receipts to donors as a “charitable tax deductible donation” must be officially approved by the IRS as a tax-exempt organization. It is the organization’s responsibility to be both knowledgeable about and comply with all state and federal laws. 4 Natick Public Schools • 13 East Central Street, Natick, MA · 01760 • Visit us online: www.natickps.org W HAT D OES THE L AW SAY ? ✔ Control of all funds raised by or provided to the booster and support organization must remain with the booster and support organization members and shall not be retained by students. School employees should not be involved in the financial activities of the organization. ✔ Massachusetts law governs when and how eligible organizations can conduct raffles which require the payment of a fee for a chance to win a prize. Raffles include 50/50 raffles and donation drawings. Public schools are not “eligible organizations” but booster and support organizations with 501(c) (3) status may be. ✔ State law prevents booster and support organizations from utilizing the school’s sales tax exemption for purchases or sales. ✔ Organization members must comply with the Massachusetts Conflict of Interest statute. 5 Natick Public Schools • 13 East Central Street, Natick, MA · 01760 • Visit us online: www.natickps.org W HAT IS A DISTRICT SUPPORTED ACTIVITY ? X X X 6 Natick Public Schools • 13 East Central Street, Natick, MA · 01760 • Visit us online: www.natickps.org N ATICK P UBLIC S CHOOLS – F OUR T YPES OF F UNDRAISERS • Booster and Support Organizations • School-sponsored program or activity • School-related event • Private Individuals or Groups 7 Natick Public Schools • 13 East Central Street, Natick, MA · 01760 • Visit us online: www.natickps.org A booster and support organization is a group that is organized for the purpose of supporting a Natick School District program or activity and/or to recognize student accomplishments within that activity. Booster and support organizations are composed of parents, alumni, and/or other community members coming together for the purpose of supporting specific school activities for the benefit of students such as athletic teams, academic teams, drama clubs, and musical groups. Booster and support organizations serve auxiliaries to the school program and conduct activities and fundraising events whose primary participants are parents and community members. B OOSTER AND S UPPORT O RGANIZATIONS F UNDRAISING 101 N ATICK P UBLIC S CHOOLS