Cub Funds Policy

What is a Cub Fund?

It is the personal money account for 3402 Cub Scouts

Why is it there?

To help supplement costs associated with activities & uniforming of Cub Scouts. Also to ease the financial burden on the Scouts families.

How do we build up the account?

* Incentives from popcorn sales when available.

This will be known prior to popcorn sale.

* Profit from candy sales in the spring (100%)

* Hike-a-thon money raised by scout.

* Personal contributions by family or friends

Note: These contributions should be made by check, payable to Pack 3402 and given to the Pack Treasurer.

* Any other fundraising opportunities that may be offered.

Who knows what my Scouts balance is?

* Any Committee Member, including Cub Master, Committee Chair & Treasurer

* Your son’s Den Leader

* Pack Treasurer will be the overseer of each Cub’s account

What is the Cub Fund Money used for?

* Any Den, Pack, District or Council activity that requires payment for Scout to attend or take part in.

* Parents of Tiger or Lion Scouts may also use money in account for same activities.

* Uniforming of Scouts (Tiger/Lion Parents excluded) to include Class A shirt, neckerchief & slide.

* Annual Membership Dues (Due in January of each year) Scout only.

How do we use the money in the Cub Fund?

• For Events

The parent will fill out a Cub Fund transfer form and turn it in for event payment (Transfer form will be available at time payment is to be made.) Treasurer will transfer money from Cub Fund to Event payment.

• For Uniforming

Fill out a Cub Fund transfer form and submit it to the Pack Committee for approval. Upon approval, parent must purchase uniform and turn in receipt to Pack Treasurer. Treasurer will bring receipt to Committee for approval. Upon approval, a check will be issued for reimbursement. You will receive the check at the next scheduled Pack Meeting. If a parent cannot afford to purchase a uniform part and wait for reimbursement, a member of the Pack Committee will purchase the items approved with the scouts Cub Fund money.

Note: Failure to fill out Cub Fund Transfer form will not guarantee payment from Cub Fund or reimbursement.

Are there any exceptions?

* Cub Fund money is not to be used for camping gear, outdoor gear or shoes.

* Parents of Wolf, Bear, Webelo 1 or Webelo 2’s may not use money from Cub Funds.

What happens when my Scout moves into a Troop?

Cub Fund will be transferred to the Troop your Scout joins in the Scouts name. It must be used according to that Troops rules for individual Scout Accounts. If a scout does not join a Troop, his Cub Fund will be put into Pack's general fund 6 months following the date of the Blue and Gold Banquet.

What happens to the Cub Fund if my Scout quits 3402?

All money in the account will be put into the 3402 General Fund after 6 months of inactivity. (6 months after the last event attended by said Scout) or at the end of the Pack’s Charter year, which is March 31^st each year, whichever comes last. If the Scout rejoins the Pack before these time frames, Cub Fund money will be reinstated for use.

What if my Scout transfers to another Pack?

Upon proof of membership in a different Pack, 3402 will cut a check for the amount in your scouts Cub Fund and send it to the new Pack’s Treasurer and will be used according to that Pack’s rules for individual Scout accounts. If the new Pack your son joins does not have individual cub accounts, a check for the balance of your sons account will be sent to the new Pack to be put into their general fund.

Small Print:

Pack 3402 WILL NOT, under any circumstances, approve the purchase of any kind of firearms, archery equipment or any other weapons, including pocket knives.

All reimbursements will be made by Pack check.

There will be no cash exchanges.

The Pack reserves the right to make any adjustments to this policy if needed.