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Purpose of Personal Travel Accounts:
Personal Travel Accounts are provided as a service to
instrumental music members to help defray the personal costs of
group travel to performances and competitions for the express
purpose of furthering the goals of the instrumental music
program as a whole. In certain instances, funds may be
released, at the discretion of the Executive Council and
within the confines of the Corporate charter and bylaws, for
other purposes related to the furtherance of the program's
objectives.
Control of Personal Travel Accounts:
Columbine High School Band Booster Club, Inc. is a
Colorado nonprofit corporation, and as such, has strict
guidelines as to the use and distribution of funds. Funds
accredited to personal travel accounts are NOT the
property of the individual, but of the Booster Club.
The individual may elect to draw against their account to defray
approved expenses, but has no right to otherwise direct the use
of those funds and may not receive personal distribution of
those funds.
Life of Personal Travel Accounts (amended in 1997, 2003):
The Personal Travel Account of a member will be
transferred to the General Fund if the member moves out
of the State of Colorado. Personal Travel Accounts
will be maintained and the funds set aside for one year after a
member leaves the instrumental music program. After such
one year period, the inactive member's account will be
transferred to the General Fund, unless the member has a
sibling to whom the Personal Travel Account could be
transferred in accordance with the Transfer of Personal Travel
Account Funds paragraph.
Transfer of Personal Travel Account Funds (amended in 1997, 2003):
Personal Travel Account funds are transferable to a
sibling who is already in the instrumental music program or who
has registered for the instrumental music program before the
one-year inactivity period expires, i.e., an eighth grade
student who has registered for instrumental music in his or her
freshman year at Columbine before the one-year anniversary of
the inactive account of the former member. No other
transfers will be made between member accounts.
All funds generated by the Booster Club are generated for
the express purpose of supporting the Columbine High School
Band Program. No funds will be transferred to any other
organization unless there is direct benefit to the instrumental
music program as determined by the Executive Council.
This expressly includes Personal Travel Account Funds.
If there is any money left in a Senior's Personal Travel
Account, and there are no siblings entering the instrumental
music program, the Senior may direct his or her money to
which activity he or she chooses. This activity will be for
the express purpose of supporting the instrumental music program.
The Executive Council of the Columbine High School Band
Booster Club, Inc. has adopted this policy effective October
11, 1994, and as amended January, 1997, and amended again
January 2003.
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