Q&A: Finance & Budget

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Paying for Events for Faculty and Staff only
Is PTA/PTO responsible for, or should we be paying for various luncheons for teachers throughout the...
Asked by Anonymous in Finance & Budget

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(1 response)

501c3 using money for thank you gifts
Is it legal to budget PTO funds for small thank you gifts for board members or other parent volunteers?
Asked by vbrown in Finance & Budget

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PTO funds question- middle school is being split into two schools and new P...
We are faced with our current middle school population being split due to overcrowding and a new middle...
Asked by Anonymous in Finance & Budget

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(1 response)

Scholarship Fund?
I was wondering if anyone out there offers scholarships to students that are graduating that are alumni...
Asked by deeta291 in Finance & Budget

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(1 response)

Non-disclosure on some expenses
Our school has a PTO and I was recently told that certain events (Father/daughter for example) was "self-funded."...
Asked by Anonymous in Finance & Budget

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(1 response)

Checkbook
What should be done with the checkbook (balance of funds) if the PTO goes on hiatus?
Asked by Anonymous in Finance & Budget

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Fundraising
Can money collected for fundraising be done under a Parent volunteer program and go directly to the school...
Asked by Bonnieziegelt in Finance & Budget

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Mishandling of money
We had a fundraiser to raise money for an annual big event that PTO gives. The only person whose can...
Asked by Anonymous in Finance & Budget

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Using current funds for future event
We have been asked to fund a special speaker for the next school year but have to decide now due to scheduling....
Asked by hollysue19@gmail.com in Finance & Budget

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(1 response)

Money Carried Over
Are there IRS limits to how much money can be kept in our PTO bank account and carried forward year to...
Asked by Anonymous in Finance & Budget