No one likes to talk about money, but we cannot provide the Scouting program for free - there are costs. The money paid to register the troop, the adults, and the youth is separate from the troop budget that pays for everything else: camping fees, camping food, court of honor refreshments and supplies, summer camps, transportation to summer camps, materials, equipment purchases/maintenance/replacements, etc. In a good fundraising year, the troop committee looks at the budget and the balances, and if revenue exceeds budgeted items, we will use the extra to defray the costs of camp outs and activities. Our goal is to always spend every last penny on the youth and on training!
J. Fundraising
1. The troop will undertake fundraising activities as approved by the Troop Committee to support the troop budget.
2. All Scouts are expected to participate. Fundraising is voluntary for Eagle Scouts under 18; they will only be required to
pay a $50 Eagle Scout troop membership fee, though they are strongly encouraged to help with fundraising.
3. Adults may participate in fundraising activities, but are strongly encouraged to use profits for scouting activities.
4. Any youth who makes use of the opportunities to participate in the troop-sponsored fundraisers (not individually
designated fundraisers), and meets the minimum sales requirement as established by the Troop Committee each year will be
eligible for troop financial assistance for participation costs (see item 5, below.) This assistance may include (but is
not limited to) camping fees, park entrance fees, Council activity fees, etc.
a. Any exception to this rule will be at the sole discretion of the Troop Committee.
b. Those who do not sell their minimum must pay by the end of January the sum of DAC recharter/BL costs + $50 dues +
$100 fundraising non-participation fee to continue in the next year.
5. Funds realized by troop fund raising activities would in part be used for troop equipment and supplies, troop activities,
rechartering fees, and other expenditures as Troop Committee approves.
6. Outstanding dues from the past year will be deducted from the scout’s share.
When we are meeting in-person, the Troop Treasurer is usually on-hand to accept payments. Troop 324 prefers to take payments by check, but we can accept cash or online transfers.
There will be a PayPal surcharge added - a bit less than 4%.
Here are the step-by-step instructions for transferring money into the Troop 324 checking account using Zelle. Most banks and credit unions have Zelle set up in the "Transfers" section of online banking, whether or not they name it as such. Please read this section to the end.
From online banking with your bank or credit union:
Note: The banking log for your account will probably show that the transfer went to "Michael Wells". This is because Zelle shows the person who registered the Zelle account, not the name on the account (Troop 324). We are working with Wells Fargo to get this modified in Zelle so that the transfer will show that it went to Troop 324. Please be assured that the transfer is going into the Troop 324 checking account.
For the "Notes" section, please use this format:
YYYY - Names for whom the payment is made: Event or reason for payment
So, to pay your recharter fees for 2021 for the whole family, you might use:
2021 - Johnny Scout, Joanie Scout, Daddy Scout, Mommy Scout: recharter fees
For the 2023 World Domination Summer Camp, it would be:
2023 - Pat Scout, Daddy Scout: World Domination Summer Camp
Please pay attention to the use of the year (YYYY), the dash (-), and the colon (:) in the Notes line. It simply helps us with bookkeeping.
If people would rather send a check, they can make the check payable to Troop 324 and send to:
Troop 324
c/o Mike Wells
5659 W. 116th Place
Westminster, CO 80020