Treasurers of All-Volunteer Organizations: Eight Key Responsibilities
Blue Avocado
OCTOBER 22, 2024
Alternatively, the board might set a policy that permits one signature for small checks below a certain amount, say $50, in order to help discourage checks from being signed in advance. See the discussion regarding “quid pro quo” donations in IRS Publication 1771. There are exceptions for items of minimal value, such as pens and mugs.
Let's personalize your content