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Parish Handbook - Bank
Accounts
POLICY STATEMENT REGARDING BANK ACCOUNTS
I. Only the Episcopal Church of the Good Shepherd, Good Shepherd
Episcopal School, Good Shepherd Mothers Day Out (MDO), the Episcopal
Church Women of the Good Shepherd (ECW), the Episcopal Youth community (EYC),
the Daughters of the King (DOK), the Rector’s Discretionary Fund and the
Assistant Rector’s Discretionary Fund, are authorized checking accounts.
A. Each of these organizations will present to the
Finance Committee an annual
Treasurer’s Report which will
account for receipts and disbursements during the past 12 months.
B. All bank statements will be mailed directly to the
Church.
II. Any account opened for the purpose of conducting business using the
Church’s tax identification must be approved the Treasurer and the
Vestry.
III. The Church’s funds may not be transferred from the Church’s
accounts to any other Church organization’s bank account.
IV. No Church organization’s bank account may be established for the
purpose of receiving or disbursing funds that may be appropriated
through the Vestry-approved budget other than those managed and
controlled by the Treasurer and Vestry.
Rev. 8-97 |
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