Most expenses are generally assigned to a broad budget category (for example: Chapter, Publications, or Membership). A specific Committee is in charge of determining how the money should be spent, with general guidelines. Spending within a Committee budget is flexible to accommodate the special projects the volunteers undertake; therefore most expenses are considered ‘budgeted.’
If Finance Committee approval is required, the Finance Committee will determine if a full Board approval is required for either type of expenditure based on, among other things, current financial status, known budgetary surpluses or deficits, and relevance to Society policy and initiatives.
©Maryland Native Plant Society
PO Box 4877, Silver Spring, MD 20914
MNPS is a registered 501(c)(3) charitable organization incorporated in Maryland.
Membership Websites by SPARKS!