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Tricentennial committee presses for clearer fundraising controls, regular reports
Summary
Committee members said the tricentennial fundraising arm, organized under a separate 501(c)(3), has begun raising money but lacks a formal paper trail and regular reporting; members asked the fundraising treasurer to provide recurring status updates and to meet with the committee to set spending approval rules.
The Tricentennial Committee on July 16 asked its fundraising arm—organized under a separate 501(c)(3)—to provide clearer spending controls and regular written updates as it accelerates solicitation and sponsorship activity. Committee members said the fundraising group has begun taking donations and preparing sponsorship materials but currently lacks a documented approval process for expenditures.
Committee members said the request matters because the public generally views the committee as responsible for the tricentennial events and because fundraising decisions will affect which events can move forward. Members asked the fundraising treasurer to appear at a future meeting to outline how donations will be…
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