Management and Regulation of Funds
In order to manage the funds raised through fundraisers and donation sponsors, a bank account will be set up specifically for Growing Forward Together. The account will solely be used for the purpose of this project and the deposit and withdrawal of money will be regulated by adult supervisors. The scholarship money will not be handed to the family, but directly paid to the school the student has tested into to ensure the money will not be lost during the process. A receipt will be collected for every deposit, withdrawal and transaction. The money in the account will only be accessible to the Founder and Co-Founder.