Escrow Accounts/
Fundraising
Student Escrow Accounts and Fundraising Disclosure
In general, when a student participates in a BNHS Vocal Music Department fundraising activity (fundraiser), the overwhelming majority of the profits for that student will be placed into the student’s individual escrow account. This account is maintained by the music directors and managed by D-100 finance staff. Receipts and/or invoices are always required to make payment, but the funds can be used at the student’s discretion for music department related expenses such as the following:
Extended Performance Tours
Music/Performance Field Trips
Show Choir/Choraliers Accessories
Other Performance Costumes
Replacement Uniforms
Program Initiatives
Required Music Apparel
Music/Performance Camps
Music/Performance Clinics
Music/Performance Workshops
ILMEA District Fees: transportation and participation
NAfME Fees: transportation and participation
Sheet Music
Tri-M Music Honor Society Dues
Tri-M Music Honor Society Program Initiatives
Contest Fees
Besides the students’ individual escrow accounts, a small portion of the profit (not more than 20% of the profit) from each fundraiser will be placed into a general program fund. Additionally, when a student graduates or otherwise leaves the program, he or she may “will” his/her escrow funds to another member of his/her own household currently enrolled in the program or anticipates enrolling in the program within the near future. All requests to “will” escrow funds must be submitted in writing prior to graduating or otherwise leaving the program. “Un-willed” escrow funds of graduates or those who otherwise leave the program will also be placed into the general program fund. The general program fund is allocated on a needs-basis for items including, but not limited to, the following:
Fundraising Costs (shipping, fundraiser incentives, etc.)
Uniforms
Technology or other equipment
Music Storage
Other Storage
Sheet Music
Performance Costumes
Performance Accessories
Guest Performers (and associated costs including travel and food)
Guest Presenters (and associated costs including travel and food)
Classroom Supplies
ILMEA Fees: membership, district, and state (including travel and food)
NAfME Fees: membership and participation (including travel and food)
Directors’ costs to attend program-related events in which student(s) participate such as the “National High School Music Theatre Awards”
Concert/Performance Supplies
Program Initiatives (i.e. Back to School Bash, Guys’ Night, recording expenses)
Program Incentives (i.e. Donuts for no missing music)
Awards
Volunteer Appreciation
Reasonable chaperone expenses
Scholarships
Contest Fees
Choir Board Expenses (leadership materials, travel, and food)
Cleaning Fees
Accompanist and Tuning Expenses