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Each club is responsible for raising funds for its activities. The following means are available: - Club dues (as stipulated by their constitution) - Ticket fees for events, conferences, parties, etc. - Corporate Funding (the solicitation of corporate funds requires the permission of the Office of Student Affairs and the director of Corporate Relations) - Alumni:- If an alumnus/a reaches out to your club and offers to fund it, your club should work with External Relations to process the gift. - Student clubs may also reach out to their prior club leadership only for fundraising (not broad membership).
- School funding: Student Initiated Project Panel (SIPP) and Student Phonathons. Information and application forms for both of these sources of funding are available in the Office of Student Affairs.
Soliciting corporate sponsorship for a club event requires an active partnership and communication between the club and Corporate Relations. When a club is interested in pursuing a company for sponsorship or a company contacts a student club both Corporate Relations and Student Affairs should be notified immediately.
All student clubs strategizing for the semester or year's activities should meet with Corporate Relations to develop short- and long-term fundraising strategies, provide prospect lists and contact information, review written materials and more.
University policy requires that the Business School, not the student clubs, send a sponsoring company invoice. When a club has secured a commitment from a corporation, they should notify Corporate Relations who will then issue the invoice. This ensures that the sponsoring company will receive the tax benefits from their donation and a thank you letter from the School.
The club's VP of Finance will be notified when sponsorship checks arrive.
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