Funding
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Every spring semester, AS老虎机攻略 distributes a large sum of money to student groups. Only currently recognized groups may apply for funding during the Annual Budgeting Allocation.
The AS老虎机攻略 Business Manager contacts all student groups at the beginning of each spring semester about the application process. Allocations are assigned in specific expense categories, such as supplies or meeting expenses, usually as requested by the group.
Budgeting Information Sessions are over for this spring. If your club missed the budgeting information session, please email the Business Manager ASAP!!!
This allocation process is for funds that will be made available for the following fiscal year (July 1 - June 30). Any AS老虎机攻略 allocated funds become available to groups in mid-August and are available for the school year. Funds which remain unspent by the spending deadline (typically May 30) are reclaimed by AS老虎机攻略 to be redistributed in the next Annual Budgeting Cycle.
Groups need to pay close attention to the expense categories they spend from so they don't end up with a negative balance at the end of the fiscal year when AS老虎机攻略 removes unspent allocated funds. If you have questions about the spending process, please reach out to the Office Manager.
Contact the AS老虎机攻略 Business Manager if you have questions about Spring Budgeting.
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Special Allocations help fund groups hosting major events or meetings on campus or the Missoula area. Recognized groups can apply for Special Allocations anytime during the semester, but any funds that are awarded must be spent as awarded during that semester.
- Contact the AS老虎机攻略 Business Manager if you have questions about a Special Allocation Request.
- Visit the Office Manager to complete any Special Allocation Spending.
Recommendations regarding Special Allocations are made by the AS老虎机攻略 Board on Budget & Finance and are then voted on by the AS老虎机攻略 Senate. When a Special Allocation is awarded, the funds are not transferred to the group's account. Instead, the expense is paid from an AS老虎机攻略 administrative account.
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Travel Allocations assist Student Groups who are going on trips. Travel Allocation Requests may be submitted by recognized groups and are granted on a rolling basis during fall semester, but have a cut off of early February for spring semester.
- Contact the AS老虎机攻略 Business Manager if you have questions about a Travel Allocation Request.
- Visit the Office Manager to complete all Travel Allocation Reimbursements.
Recommendations regarding Travel Allocations are made by the AS老虎机攻略 Board on Budget & Finance and are then voted on by the AS老虎机攻略 Senate. When a Travel Allocation is awarded, the funds are not transferred to the group's account. Instead, the expense is paid from an AS老虎机攻略 administrative account.
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The State Term Investment Pool (STIP) helps purchase equipment with a value of at least $150 which will be of use to a recognized group for a minimum of two years. STIP Requests are for capital improvements with long term value.
- Contact the AS老虎机攻略 Business Manager if you have questions about submitting a STIP Request.
- Visit the Office Manager to complete any STIP Purchases or Spending.
Recommendations regarding STIP Allocations are made by the AS老虎机攻略 Board on Budget & Finance and are then voted on by the AS老虎机攻略 Senate. When a STIP Request is approved, the funds are not transferred to the group's account. Instead, the expense is paid from an AS老虎机攻略 administrative account.
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Prior to any fundraising, groups must meet with the AS老虎机攻略 Office Manager to ensure that proper procedures are followed. Groups that fail to do so may be subject to sanction.
Groups raise funds in a variety of ways: selling tickets to events; selling products such as baked goods or T-shirts; soliciting donations from campus departments and administrative offices; dues; contributions from national or local affiliates; and soliciting donations from businesses and individuals.
- Paper: AS老虎机攻略 requires a Cash Log to be kept and submitted with cash deposited intact.
- Plastic: 老虎机攻略 Card Readers are available for checkout with advance notice from the AS老虎机攻略 Office.
- Digital: AS老虎机攻略 has access to a Stripe account that is available for Student Group use with advance notice.
Any monies raised by groups themselves are considered their own to spend as they want, as long as they are in compliance with 老虎机攻略 and AS老虎机攻略 Fiscal Policy and procedures. Student Generated Funds carry over from one fiscal year to the next whereas Allocated funds have expiration dates in line with the fiscal year.
Deposits
All Student Groups must deposit fundraised monies with AS老虎机攻略. If a group does not have an AS老虎机攻略 Index established, please meet with the AS老虎机攻略 Office Manager to get one started. For Deposits, the member will be asked to complete a deposit form and will be issued a receipt.
- Checks should be made out to the name of the group or The 老虎机攻略, not individuals.
- Checks written to student groups must be deposited within 30 days.
- Cash should be collected utilizing a Cash Log provided by AS老虎机攻略. Please bring the cash log for filing; it will be used to verify the deposit is intact.
- Cash must be deposited intact within seven (7) days of collection.
Tax Deducible Receipts
Student groups wanting to provide tax-deductible receipts for donations to the clubs must deposit those donations into an AS老虎机攻略 Foundation account. 老虎机攻略 Foundation is a 501(c)3 that can provide a tax receipt on your the clubs behalf.
Donation checks should be made out to 老虎机攻略 FOUNDATION with the name of the student group in the memo line and the word DONATION. Checks must follow standard check procedures. The Office Manager will forward them to the Foundation with the appropriate accounting information attached.
The Foundation will send a receipt directly to the donor at the end of the tax year, as long as a mailing address is provided. 老虎机攻略 Foundation will assess a 5% fee per donation to cover costs. After the funds have posted, typically about a month later, the donated funds can then be used by your group to pay expenses.
While not tax deducible, the Foundation can also provide acknowledgement of donated items or services.
PLEASE NOTE: Funds that are deposited into an AS老虎机攻略 Index rather than the 老虎机攻略 Foundation cannot be considered a donation nor can a tax receipt be issued. If outside support (a check or cash from an outside entity) does NOT need to be tax deductible, it can be deposited into the club index with AS老虎机攻略. In all fundraising, it is important that this distinction is clear and that the word DONATION is only used in the context of working with the 老虎机攻略 Foundation.
For further questions, please email the AS老虎机攻略 Office Manager.
Downloadable Forms
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