Understanding 4 h club finances
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Understanding 4-H Club Finances. Why would we ever want to have youth responsible for money and how exactly do we oversee it?. University of Wyoming 4-H Youth Development. It gives youth experience and prepares them to handle money responsibly as an adult .

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Understanding 4-H Club Finances

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Understanding 4 h club finances

Understanding 4-H Club Finances

Why would we ever want to have youth responsible for money and how exactly do we oversee it?

University of Wyoming 4-H Youth Development


It gives youth experience and prepares them to handle money responsibly as an adult

It gives youth experience and prepares them to handle money responsibly as an adult

University of Wyoming 4-H Youth Development


Financial guidelines

Financial Guidelines

  • one checking account and one savings account per club

    • checking account not to exceed $1,000

    • savings account not to exceed $2,000

  • may exceed limits with a specific purpose and fundraising goal

  • keep excess funds in a county 4-H council or 4-H foundation’s treasury in a line item designated for your club

Allows youth full access to and responsibility for managing the club’s funds while controlling the risk of financial loss

University of Wyoming 4-H Youth Development


Financial requirements

Financial Requirements

  • EIN Number (Employer Identification Number)

  • 4 active signers on each financial account

    • 2 must be UW CES Employees

  • Annually submit completed Treasurer’s Handbook

All money raised under the name of 4-H are public funds

University of Wyoming 4-H Youth Development


Developing a budget and fundraising guidelines

Developing a BudgetandFundraising Guidelines

  • When you know what the club wants to do, then you can begin to figure out how much it might cost and how the club wants to pay for it

  • all money raised using the name of 4-H must be used only for 4-H purposes.

  • fundraising should be conducted to meet a club goal

  • Income and Fundraising Request Form – keeps communication open

  • income from dues, donations, etc can be spent at the discretion of the club members

University of Wyoming 4-H Youth Development


Club property

Club Property

  • Annual Inventory Report – submitted annually and kept on file at the county extension office

  • club dissolution – property should be delivered to the county extension office for future use in 4-H activities

University of Wyoming 4-H Youth Development


Understanding 4 h club finances

Resources:Wyoming 4-H Club Treasurer’s Handbook available at http://4-h.uwyo.edu/Wyo4H/4-HWebsite/Publications/Organization_Kit_Main.htmNational 4-H Headquarters Fact Sheet, Charters: The Key to Official RecognitionWyoming 4-H Philosophy Fact Sheet, Financial Recommendations, 2008Wisconsin 4-H Club Financial Handbook for Leaders, 1998

Prepared by Kim Reaman

University of Wyoming 4-H Youth Development

Volunteer Development Specialist

March 2010


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