Club Finances
Purpose
Clubs accounts are established through the CWI Business Office for the purpose of depositing and expending funds. According to CWI policy, all financial transactions must be processed through the Business Office utilizing the college account. This section will cover the policies and procedures for club accounts.
To ensure compliance with federal regulations and institutional policies, clubs operate under specific guidelines regarding financial disbursements, particularly concerning scholarships and charitable contributions.
If clubs want to seek sponsorship or donations from outside the College, they must work with Student Engagement to submit a list to the CWI Foundation 15 business days prior to seeking any sponsorship or donations. Student Engagement will forward to the CWI Foundation for approval.
The reason for