Maurice Dansereau Posted March 18, 2021 at 02:11 PM Report Posted March 18, 2021 at 02:11 PM Recently we have received a funding grant for a special event put on by our organization. At present there is no method to address the inclusion of these funds and expenditure of same within our organization. How would we amend our rles of order to accomodate? Quote
elseygirl Posted March 18, 2021 at 02:17 PM Report Posted March 18, 2021 at 02:17 PM In your budget or your financials? Receiving the grant is a deposit and should be recorded. When you spend the money on grant related items, it should be listed as debits. I'm not sure how you mean that there's no method to address them in your organization. Quote
Richard Brown Posted March 18, 2021 at 04:37 PM Report Posted March 18, 2021 at 04:37 PM 2 hours ago, J. J. said: Sure. Huh? Sure what? Quote
J. J. Posted March 18, 2021 at 04:55 PM Report Posted March 18, 2021 at 04:55 PM Sure, they can amend their rules to permit it. "This organization may accept and spend grants." Quote
Atul Kapur Posted March 18, 2021 at 05:05 PM Report Posted March 18, 2021 at 05:05 PM 2 hours ago, Maurice Dansereau said: At present there is no method to address the inclusion of these funds and expenditure of same within our organization. How would we amend our rles of order to accomodate? I believe the question was about the rules of order. My answer to that question is similar to @elseygirl. This should be incorporated into the Treasurer's Report. As you apparently received this grant for a specific purpose, your Treasurer may want to report this amount separately, as if it is in a separate account; deposits and withdrawals related to the special event would be included in that separate reporting. This is not advice from RONR, but my personal suggestion. Quote
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