The New Service Club Treasurer

About this book

You said yes. Now there’s a checkbook for the club, another for the foundation, a restaurant bill every week, and a golf outing in September.

Most service club treasurers get the job with no training at all. This course walks you through your first year in six practical sessions, with plain-English explanations built around a small civic club and its charitable foundation that you’ll get to know along the way.

• How to take over from the last treasurer, and what to collect for both the club and the foundation
• The two-bucket rule: why money raised for charity never pays for members’ lunches
• Dues, meal charges, fines and happy dollars, and checking the restaurant invoice
• Golf outings, sponsorships, raffles, the $250 acknowledgment rule, and quid pro quo disclosures
• Scholarships, community grants, monthly reports, budgets, and the right IRS form for each entity
• Simple controls that protect the club’s money and your good name

Each session ends with discussion questions to work through with your outgoing treasurer, a mentor, or your board. A companion workbook with practice exercises and reproducible forms is available separately.

The treasurer books are general education for volunteers. They are not individual tax, legal or accounting advice; for your organization's specific situation, consult a qualified professional.