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Parents seek separate PTO bank account; board to clarify SSO/501(c)(3) rules next month
Summary
Canon North parents asked the board for permission to open a separate PTO bank account; administrators and a board member outlined options for an SSO, state nonprofit registration, and fundraising rules and tabled final policy language to next month.
Parents associated with the Canon North PTO asked the board for permission to open a separate bank account so the PTO could manage donations and purchases independently of the school’s general fund.
A parent representative said the PTO reestablished last year but had kept funds in the school’s accounts to avoid a separate account; now that fundraising and parent engagement are growing they want an independent account to allow the PTO to make purchases for…
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