Student Activity Funds: The Office of General Accounting has a detailed guide about creating and managing Student Activity Fund accounts. This information is also available in our “Guide to Fundraising and Grantwriting For Schools.” You can also call the Office of General Accounting’s helpline for guidance at 215-400-4520 or contact your Accounting and Compliance Control Monitor (ACCM).
Summary Guidance: Principals should approve all school-based fundraising activities. Fundraising activities must have a clearly stated purpose and serve a specific project. All funds raised must be used to benefit students. There is a limit of $5,000 per donor per activity. These funds should be deposited in the school’s Student Activity Fund account. A record of fundraising activities must be maintained for future review by the Office of General Accounting.