• Facebook
  • Twitter
  • Instagram
Orthodox Christian Fellowship
  • About OCF
    • Who We Are
    • What We Believe
    • OCF’s Patron Saint
    • Student Leadership Board
    • Board of Directors
    • OCF Staff
  • Find Community
    • Find a Chapter
    • Find a Parish
    • Attend an Upcoming Event
    • Start a Chapter
  • Connect with Christ
    • What is Orthodoxy?
    • Deepen Your Spiritual Connection
    • Get to Know the Saints
    • Lifes Challenges and Questions
    • Pan-Orthodoxy
    • Share the Gospel
  • Get Involved
    • Chapter Resources
    • COVID-19 for Chapters
    • OCF Programs
    • Opportunities and Scholarships
    • Become an OCF Leader
    • Submit Your Info
  • Support
    • Connect Your College Students
    • Become a Donor
    • Become a Parish Liaison
    • Sponsor a Real Break Team
    • Support OCF While You Shop
    • Advisor Resources
  • Donate
Select Page
Managing Funds for Your Chapter

Managing Funds for Your Chapter

by Christina Andresen | Jan 21, 2015 | Discussion Resources, During College, Parish Outreach Guide, Staff Reflection, Supporting an OCF Chapter

Image courtesy of  Ken Teegardin

Image courtesy of Ken Teegardin

We often get asked by chapters how and where they should open a bank account for money they raise for their activities throughout the year. Here are our top three suggestions:

  • Option #1: You can find out if student activities or the campus ministry department on your campus offers banking options for recognized organizations. Sometimes, there is even funding offered through the school if you are recognized.
  • Option #2: You can work with a local parish to set up a fund through the parish. How that is done would be at the priest’s discretion and probably with the input of his parish council president.
    • 2A: The parish could open a separate account for you that could be managed by your priest and lay coordinator (ie, they would sign the checks).
    • 2B: The parish could add your chapter’s funds to the parish’s operating account. Basically, your OCF chapter would be a line item in their annual budget, and any money you bring in would be earmarked in the main parish account for chapter events.
  • Option #3: You could open a separate account on your own at a bank of your choice. You can even apply for your own EIN number here. We don’t particularly suggest this option–it’s more of a last resort–simply because it will just cause you extra work when students graduate in passing on the account information, signature approval, etc.

If you have questions on setting up your account, send them our way at chapters@ocf.net!

 

Recent Posts

  • Staff Book Pick : The Ruthless Elimination of Hurry
  • There’s A Saint For That : St. Macarius the Great of Egypt
  • Curated Discussion: The Way of the Pilgrim
  • Guided Discussion: “Worry, Hurry, and the One Thing Needful”
  • Staff Pick: “The Mountain of Silence”

Contact Us

Phone: (617) 850-1227

Mailing Address:

50 Goddard Ave
Brookline, MA 02445

 

Orthodox Christian Fellowship is a 501 (c)(3) nonprofit organization, FEIN: 71-0888468

Reports:

  • 2021-22 Impact Report
  • 2020 - A Year in Review
  • About OCF
  • Find Community
  • Connect with Christ
  • Get Involved
  • Support
  • Brand Guidelines
  • Employment
  • Contact Us
  • Donate
  • Facebook
  • Twitter
  • Instagram
Copyright Orthodox Christian Fellowship all Rights Reserved. 2022