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24

Revised 8/2016

Standing Committees of a Ruritan Club

(continued)

Finance Committee

The purpose of this committee should be to ensure that the club

operates on a sound financial basis. The Finance Committee shall be

composed of the vice president (who shall serve as chair), the treasurer,

and other members appointed by the president. The success of your

total club program this year will depend on the successful functioning

of this committee. More detailed information is found in the

Finance

Committee brochure

available from the club president.

Suggested Fundraising Projects

1. The vice president, as chair, should appoint a member to

keep a written record of the committee’s work.

2. The committee should meet as soon as possible after ap-

pointment to study the records of last year’s committee and

explore new ways to raise money.

3. The committee should set tentative objectives for the

coming year and estimate the income derived from proposed

projects.

4. The committee should meet jointly with the Objectives

Committee to coordinate the activities of both committees.

5. The prepared budget and proposed fund-raising projects

for the year will be presented to the club for adoption at the

January club meeting.

6. At the completion of each project, the committee should

meet and evaluate its work and prepare a written report for

the club secretary.

7. At the end of the year, the records of the committee should

be turned over to the new chair along with recommendations

for future projects.

8. All projects should be completed according to the dead-

lines set by the committee.

General Procedures

1. Review possible sources of income.

2. Propose practical fundraising methods and projects to meet the

club’s financial needs.

3. Prepare and present an annual operating budget to the club board

of directors prior to the January club meeting.

4. Periodically examine the financial status of the club and make ap-

propriate reports to the club board of directors.

5. Study the dues structure of the club and make recommendations for

changes to the club board of directors, if needed. The dues should be

sufficient to cover national dues, cost of meals, and other club operat-

ing expenses. Administrative expenses such as member meals, office

supplies, pins, etc. should be financed by dues. Fund-raising money

should only be used for service in the community. Expenses of club

delegates to the Ruritan National Convention are also a legitimate use

of fund-raising money.

6. Ensure that all income is presented to the treasurer and expenses

are paid by check as provided in the club bylaws. (It may be desirable

to have a petty cash fund for completing some projects. Expenditures

from this fund must be reported to the treasurer.)

Areas of Concern

Community Entertainment

Dance, play, community fair, circus, donkey baseball, donkey

basketball, amateur contest, talent contest, fall festival, beauty

contest, homecoming, July Fourth celebration, Labor Day event,

baby contest.

Selling Merchandise

Fruit cakes, U.S. flags, mulch, candy, light bulbs, brooms,

rummage sales, automobile name plates, rent booths at county

fair, Christmas trees, fire extinguishers, public auctions (farm

equipment and supplies, articles donated by merchants), garage/

yard sales, car washes, Christmas cards, candles, Christmas

wrappings, event advertising.

Serving Meals

Turkey dinners, oyster suppers, pancake suppers, sauerkraut

suppers (with pork), box socials, smorgasbords, chicken barbe-

cues, spaghetti dinners, homemade ice cream festivals, oyster

roasts, food at local games and fairs, fish fries, covered dish

dinners, and watermelon feasts.

SAMPLE ANNUAL BUDGET

Section A.

RECEIPTS FROM SPECIAL

FUNDRAISING ACTIVITIES

Advertising sold for District Yearbook 120.00

Sale of fruit cakes, etc.

450.00

Yard Sales

610.00

Meals and other projects

1575.00

Total

$2,755.00

EXPENDITURES

Ruritan National Foundation

$500.00

Community service projects (Scouts,

Youth athletics, Senior Citizen Home,

Food for needy, etc.) 2105.00

Miscellaneous 150.00

.

Total

$2,755.00

Section B.

RECEIPTS FROM DUES

35 members at $80 each

$2,800.00

10 new members at $5 each

50.00

Total

$2,850.00

EXPENDITURES

National dues, 35 members at $44 $1,540.00

Initaition Fees to National at $3 each 30.00

360 meals at $3.50

1,260.00

Postage, stationery, printing

210.00

Tickets for Officers to

District Convention

35.00

Past President’s Pin

5.00

New Member Kits

40.00

Expenses of Delegates to

National Convention

250.00

Total

$3,370.00

Club