Quote:
Originally Posted by BSV
Thanks, everyone for all the helpful information. This helps shed some light for a discussion we've been having.
Has anyone gone the 503(c) route and then decided that they wish they would have stayed with the school?
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Most teams I'm familiar with do not sever ties with the school. Many teams still maintain school accounts for grants to be deposited and to be able to set up Purchase Orders with companies like AndyMark or McMaster. Funds raised through booster club efforts then go into that account and are used for times when a quick payment is needed scholarships and other things that don't work well in the confines of the school system.