Fund Raising Policy

There are three levels of fund raising activities: Club Fundraiser, Athlete Fundraiser and Athlete Sponsorship

Club Fundraiser

The purpose is to raise funds to cover operating expenses such as: annual club registration, annual corporaton fee, practice site insurance, site rental, uniforms, equipment ...etc.  100% of proceeds are deposited into the Club's General Fund.

 

Athlete Fundraiser

The purpose is to raise funds for athlete expenses such as: club registration fee, USATF membership fee, athlete track related expenses (travel, equipment, shoes.....etc.)  100% of proceeds must be deposited in the Club's General Fund to qualify as a tax deduction under the Club's non-profit status.  However, 80% of funds raised in this manner are tracked in individual athlete categories for each participating athlete for their exclusive use. 20% remains in the Club's General Fund.  Athlete funds are dispersed by the Club on behalf of the athlete for track related expenses. Any unused funds raised during the current season will rollover to the next season.

 

Athlete Sponsorship

The purpose is to raise funds for athlete expenses such as: club registration fee, USATF membership fee, athlete track related expenses (travel, equipment, shoes ...etc.)
100% of proceeds must be deposited in the Club's General Fund to qualify as a tax deduction to the donor/sponsor under the Club's non-profit status.  100% of funds raised in this manner are tracked in individual athlete categories for each participating athlete for their exclusive use. Athlete funds are dispersed by the Club on behalf of the athlete for track related expenses. Any unused funds raised during the current season will rollover to the next season.