One of the most important things to remember when it comes to fundraising is being able to manage the money that you have collected. After all, the money is the reason that you are doing the fundraiser. Here are some of the good tips that you should use when you are managing the money that you have gotten from your fundraiser.
- Use some envelopes for cash collection for each of your event teams or the individual that are collecting money. Keep accurate records of the people who are collecting the money along with the amount of money they collected.
- Set a date when you want to have all of the money turned in.
- Assign one of your volunteers to act as the treasurer. The treasurer has to be experienced as well as comfortable with the handling of money. Both you and the treasurer need to be there when money is counted. Additionally the treasurer and yourself need to sign for all of the disbursements that are made.
- Make sure that you are depositing the money on a regular basis. When you are in between your deposits, the money needs to be kept in a locked box to keep it safe.
Remember that you need to choose a volunteer that you know that you are able to trust to be the treasurer. Money is something that is just too big of a temptation for someone that you don’t know. Handling a lot of money is a big responsibility and the success or failure of the fundraiser is going to be dependent upon whether or not you are able to manage the money wisely.
Keep an eye on the money that you have gathered from the fundraiser and make sure that you keep it in a safe place. Otherwise you may find that it has disappeared and you have a big problem.




