Fund Raising
The SCA is listed with the IRS as a 501c(3) non-profit organization. In order to keep this designation there are certain regulations we must follow. For complete information see Kingdom Financial Policies section VII or speak with your local or Kingdom Exchequer . Following is some general guidelines:
Written Documentation of Purpose
As per Kingdom Financial Policy (section VII B) the purpose of the fundraiser must be in writing, must have a primary and secondary purpose, and must indicate the transfer of any unused monies to the general fund. This notation is to ensure that the money can be used for purposes other than the original intent when either the original intent has been accomplished or it is determined that the original intent is not possible. This documentation is held by the group's Exchequer as they are in charge of all funds held by a group, which includes money from group fundraisers.
Informing the Populace
When holding a fundraiser, the populace must be informed of the group (or individual) sponsoring the fundraiser, and the exact purpose of the funds to be raised. This has to be posted at the fundraiser.
Limitations on the Use of Funds
Funds that have been donated to a fundraiser sponsored by an SCA group must follow SCA guidelines and IRS regulations. There are many however, the most common ones are as follows:
- Funds cannot be used to purchase alcohol or supplies with the intent to make alcohol.
- Funds cannot be given to a specific person or group of people.
- Note: This does not mean that individuals can't hold fundraisers for individuals (for example: to help a family that has been a victim of a fire, etc). However, it must be stated that this is being done by individuals, for private benefit, and is not an official SCA sponsored fundraiser.
- Funds cannot be used to purchase gifts for individuals, this includes gifts given to reigning royalty.
- Funds can only be transferred, or donated, to another 501(c)(3) organization and must be done following IRS regulations.
Limitations on the Gathering of Funds
All fundraisers must be held in accordance with mundane laws and allowable for a non-profit group.
Raffles may be done but tickets may not be sold on-line or across state lines as per Kingdom Financial Policy(section VI D).
Submitting Additional Information
If you would like to submit some advice or additional information, please submit it here
Page last updated: 4/10/2011 Questions and comments? Please contact us. Hosted by Felitaur Enterprises
