I'm a little confused whether you want to keep the account open or not. But it seems to me that the cleanest way to handle this is to get the old prez (and you if necessary) to sign the check and donate the current balance to the school. Then, close the existing account.
If a PTO group emerges in the future, the new officers can open a new account, and start fundraising. Maybe the school would even make a small donation back to the new PTO to give it some start up money. The longer the $650 sits idle in the bank, the more difficult it may become since it may be harder to track down an authorized signer. I'd get the money out soon.
I was told that if our PTO didn't function that the school could still run our fundraisers but the money would go to them instead.
The irony of commitment is that it’s deeply liberating-in work, in play, in love. The act frees you from the tyranny of your internal critic, from the fear that likes to dress itself up and parade around as rational hesitation. To commit is to remove your head as the barrier to your life. --Anne Morris
Our PTO fell apart last year.. To many problems. There has not been an election. So there are no problems with the names on it. I would like to turn check book over to the next tresure. We need a fund raiser bad. I just hope something happens soon... Thanks for all of your help. [img]smile.gif[/img] [img]smile.gif[/img]
I think the wording in your first post "would have to " made it seem like you were being told to and you were not sure. If you said we are going to give the money....there would be a different feel for the question and your situation....
I agree, if the PTO is sort of defunct, the only recourse is to give it to the school to use as it sees fit. ($650 - is not that much)
That is what I have said, and if a new PTO will start they can start over. Not much in there now. About 650 So it is time to close to move on. I just want my name off. A BIG MESS>
Thank you for your help/ I just needed to know i was doing the right thing///
Then the money goes to the school. Where else would it go if no one is going to be in charge of it?
The irony of commitment is that it’s deeply liberating-in work, in play, in love. The act frees you from the tyranny of your internal critic, from the fear that likes to dress itself up and parade around as rational hesitation. To commit is to remove your head as the barrier to your life. --Anne Morris
