Dealing with Finances

[Hero]

Originally Posted by Chris is me

You have limited time before this season, but a good long term (>1 year) solution is to form your own 501c3 non profit for this purpose.

For this season, will you be able to do reimbursements? Perhaps mentors can purchase everything and save receipts and then get reimbursements weeks later from the school. This might be the way you have to do it.

We are hoping that we can keep things the same for this year, since we have already paid for everything except our actual robot and season-specific materials. This allows our mentors to do our purchasing and be reimbursed by our education foundation, which keeps our funds. But we see a transition coming, and we need to start preparing now.