Each student in the band has an account opened once he or she joins the program. Most fundraisers are designed to allocate money to student accounts with a portion going to the band general fund. These accounts are tracked by the Treasurer and can be used only to pay band fees or to make payments towards approved expenses associated with the music program such as trips, gear, etc. The funds are carried over from year to year. Upon graduation any funds left in the account of a graduating student can be transferred to a younger sibling in the band program, withdrawn or be returned to the boosters general fund as a gift.
The profit split for student account vs band account is 100/0 for the first 3 fundraisers to help the student earn money to apply toward the $50 participation fee. After the first 3 fundraisers or the $50 obligation is met, the profit split will be 50/50.
Example: A fundraiser selling widgets yields a 50% profit. A student sells $100 worth of widgets. The total profit for the fundraiser is $50.
- For the first 3 fundraisers, $50 will be deposited in the student account
- After the first 3 fundraisers, $25 will be deposited in the student account and $25 in the band account
To make an approved withdrawal from a student account, please fill out the Google form: Form