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Re: Bank Account Vs School
Our team has had similar issues with just a "local school account" as we call it here in Hawaii with the school.
Issues such as timeliness of payments/reimbursements, inflexibilities in how payments are made, and the whole politics of it, made us look elsewhere.
We now have a 501c(3) account, a separate non-profit bank account (where we file general excise taxes-fundraisers only) in addition to our local school account.
All fundraising done by our team goes to the local school account to avoid taxes under the school account.
Any donation/grants/scholarships made to our team goes into our separate account. If the donor requires a 501c(3) account, then we have our partner foundation which accepts the proceeds on our behalf.
We found that it pretty much covers every scenario that our team has encountered over the years, and our team no longer has to play these politics games in trying to achieve our goals.
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2016 Hawaii Regional #1 seed, IDesign, Safety Award
2016 NY Tech Valley Regional Champions, #1 seed, Innovation in Controls Award
2016 Lake Superior Regional Champions, #1 seed, Quality Award, Dean's List
2015 FRC Worlds-Carver Division Champions
2015 Hawaii Regional Champions, #1 seed.
2015 Australia Regional Champions, #2 seed, Engineering Excellence Award
2015 Inland Empire Regional Champions, #1 seed, Industrial Design Award
2014 OZARK Mountain Brawl Champions, #1 seed.
2014 Hawaii Regional Champions, #1 seed, UL Safety Award
2014 Dallas Regional Champions, #1 seed, Engineering Excellence Award
2014 Northern Lights Regional Champions, #1 seed, Entrepreneurship Award
2013 Championship Dean's List Winner
2013 Utah Regional Champion, #1 seed, KP&B Award, Deans List
2013 Boilermaker Regional Champion, #1 seed, Motorola Quality Award
2012 Lone Star Regional Champion, #1 seed, Motorola Quality Award
2012 Hawaii Regional Champions #1 seed, Motorola Quality Award
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