Fundraising Basics Fundraising is a great way for official COD clubs to secure donations needed to support their activities, attend conferences, or purchase supplies. All student clubs at COD are self-funded. This means that clubs assume full responsibility for funding needed for the group to accomplish its goals and purposes. Since clubs at COD are very diverse with many different interests, some groups choose to fundraise while others do not. The decision to fundraise must be made by the club members and advisor(s). Please notify Student Life prior to beginning any fundraising efforts. Notifying Student Life ensures fundraising efforts are not duplicated but the office can also assist with advertising. Large donation requests may require notifying the COD Foundation. Fundraising Policies Depositing Revenue o All revenue must be deposited into the club’s college account. Any expenses should be withdrawn from the account through the Office of Student Life. The requirement that all funds go through the group’s account provides an accepted accounting of the funds and protects the members and advisors should any questions arise. Personal Gain o Registered clubs are allowed to use facilities on the college premises with prior approval from their advisor(s) and Student Life staff. No club member, officer, or advisor should personally profit from fundraising activities. Use of College of DuPage 501(c)3 Non-for-profit Status o When asking for contributions or in-kind donations (donation of goods) some individuals may ask if your club is a registered 501(c)3 Non-for-profit. While College of DuPage Foundation is a registered non-for-profit, the college’s 501(c)3 status cannot be extended to clubs. o The 501(c)3 status CAN be used if a club is fundraising for an official College of DuPage scholarship through the College of DuPage Foundation.
2 College of DuPage Office of Student Life // studentlife@cod.edu // 630-942-2243 Student Services Center 1217 // 425 Fawell Blvd. Glen Ellyn, IL 60137