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Parent Wants to Control matching funds

14 years 9 months ago #152345 by Guest
Replied by Guest on topic Re:Parent Wants to Control matching funds
With most employee matching funds program, you can choose 'unrestricted' or indicate a specific use -- i.e. Enrichment, Field Trips, etc. A non-PTO example... I sponsor someone for the Breast Cancer Walk- I made the donation to American Breast Cancer, my matching fund form states under 'donor destination' - xx person Boston Breast Cancer Walk'

They can make a donation for a specific area, and state the area for the matching funds. This should be done at the point of donation. If they do not, then its the 'general' fund.
14 years 9 months ago #152341 by Elizabeth
Parent Wants to Control matching funds was created by Elizabeth
We have parents that receive matching donations from their employer. For instance, the parent gives us $100 donation and the employer gives an additional $50. I have a parent that wants me to track his matching donations separate from our Board approved budget so that he can decide where these funds go. Our by-laws state that the Board must approve all expenditures. He says it is "his donation" and he can direct where the money goes. I disagree because the employer matching donations are made out to the PTO and once they are ours the Board should decide how the money is spent.

What do you think?
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