Troop 34 Finances and Policies
Dues and Fundraising Obligation
It is important to review the reason for fundraising.
Certainly, one obvious reason is to generate money for the troop to cover
the costs of assorted troop gear that is essential to the operation of the
troop.
While generating funds for
troop needs is important, there is a philosophical issue that is even more
important. These fundraisers provide the boys with the opportunity to work to
earn their way through Troop 34's program activities - monthly outings, summer
camp, and high adventure trips. Boys
enjoy the outings, but that enjoyment is taken to a new level when they have
taken ownership for paying the way on the outings.
Of course, Mom & Dad can just write out a check every time there is
an outing, but it's not what we would recommend.
Annual dues are $50, cover a calendar year, and are due in
January/February (high school seniors owe $25).
In addition to dues, there is a calendar year $75 obligation for each
scout to fulfill, with a request that it be done through fundraising (earning
$75 for the troop equates to earning about $140 for his own scouting activities,
nearly the cost of summer camp). This $75 fundraising obligation is the portion
of profits from a boy's fundraising efforts that go to the troop.
That means a boy would need to sell a sufficient dollar amount of wreaths
and/or popcorn (or spend time at car washes, etc.) to generate a profit of $75
to the troop.
This "fundraising obligation" policy is intended
to help spread the load for supporting the troop financially.
We have boys who don't participate in fundraising, and we have boys who
generate sales at levels high enough to completely pay their way on a high
adventure trip.
As mentioned, the fundraising obligation per boy is $75
(again, that's the troop's cut of the profits from what a boy sells).
At the end of the year, the treasurer compares the numbers for each boy
and incorporates it into the dues statement generated in the January/February
timeframe. A number of possibilities
exist regarding the outcome of their fundraising, as explained below.
|
Fundraising profits generated
for the troop |
Outcome to be included in dues statement for coming
year |
| Less than $75 |
Scout owes
remaining balance of $75 obligation along with coming year's dues of $50
(Total = $125 - troop profit raised) |
| > $75, but < $125 |
Scout has met fundraising obligation.
Coming year's dues of $50 will be owed (Total owed = $50). |
| > $125, but < $175 |
Scout has met
fundraising obligation. Earns
a $20 credit toward coming year's dues of $50 (Total owed = $30). |
| Greater than $175 |
Scout has met
fundraising obligation. Earns
a $50 credit toward coming year's dues of $50 (Total owed = $0). |
As you can see, boys who significantly exceed the $75
fundraising obligation can earn a credit toward the coming year's dues (either
$20 or the full $50), a terrific benefit for both scout and parents.
|