What to do when managing monetary donations.

When your club receives a monetary donation, follow these steps to ensure it is handled correctly.

1. Deposit the Funds

All monetary donations should be deposited into the CWI Foundation account right away.

  • The Foundation will create a club account for these funds if one doesn't already exist.
  • Inform Student Engagement of the monetary donation. They will then connect you with the Foundation and help maintain your club accounting.

Important: This process only applies to direct monetary gifts. Money raised from activities like a bake sale should be deposited into the main club account. For more information on handling fundraising funds, please refer to the fundraising section.

2. Acknowledge the Donation

For each donation you receive, you must complete a Contribution Acknowledgment form. You can request this form by contacting Student Engagement at clubs@cwi.edu. Submit your completed form to the CWI Foundation at foundation@cwi.edu, copying clubs@cwi.edu.

To complete the form, you will need the following information:

  • Donor's name

  • Address

  • Phone number

  • Description of the donation

Once the form is submitted, the Foundation will send a thank-you letter directly to the donor.