Originally Posted by jediracer
I feel like sleeping beauty! I am missing something here. Based on all I've read; we are going to make $0 dollars for the club. Is this a true and accurate statement? I initially thought that we would be donating a "portion of the proceedings to the shelter and that the shelter would have its own donation thing going on at their booth/tent. No big deal either way but I do suggest that we start planning another venue to "make money for the club. That would justify having a bank account!! Okay...............I'm ready for the slams!
JAmes
no slams for you sir. The club needs to refund the members that put up money for the show. so if the members put up $300 and that goes to trophies and whatever the club has to pay that back with money brought in from the show. so the first $300 will go back to the members, and the rest will be given to the charity. Everyone needs to keep receipts for money spent on items for the show. charity shows are "break even" shows. In order to do a fund raising event, then we do have to be a non-profit/club status and that means paying processing fees. we can have money in our account after the show and the charity gets what we can donate to them, but before 12/31/12 all that money needs to be gone and accounted for. it can be used however the club sees fit, but it has to be accounted for.