Chapters Financial Set up Fee Process (added to the Bylaws under Financial)

As each individual Chapter makes money, at the end of CKUA’s fiscal year, the Chapter must relinquish any monies to CKUA in the excess of $200.

Each individual Chapter may request a $200. set up fee. This request must be in writing from the Executive and sent to the Volunteer Co-ordinator at CKUA.

The General Manager, the Conroller and the Volunteer Co-ordinator from CKUA must approve any additional monies.

In order to receive the $200 set up money, the Chapter must do the following:

• Provide proof of a commercial bank account.

• Identify CKUA Radio as the parent organization on the Bank Account. Make sure that you inform the bank that your Chapter falls under the non-profit umbrella of CKUA. Please shop around some banks may waive all or some of its fees.
• Submit either a void cheque or the bank account number to the Volunteer Department at CKUA.

• Provide a list of names of those individuals who have signing authority for that Chapter to the Volunteer Department. We recommend the President and Treasurer.

• To ensure that CKUA General Manager and Volunteer Co-ordinator are also signatories to the account. (only two signatures will be required on the account).