As your event will be raising money for a charity or will raise money for your group you need to read and agree with the following information:
The Students’ Union is a registered charity and therefore adheres to charity law. One element of this law restricts the Students’ Union (and its activity groups) from directly raising money for other charities. However, the only group this does not apply to is RAG, (Raising and Giving) who are the official fund raising arm of the Union.
Therefore, if you and/or your activity group is a member of the Students’ Union, in order to raise money for charity it has to pass through RAG as follows:
- Cash collected, must be counted and handed in to the SU
- Card payments, the SU has an iZettle account and can set up card payments, which will be paid into the SU
- Justgiving Pages - this money goes directly to the charity, however we still require you to let us know how much was raised via this method.
The Students' Union cannot use its money to fund charity activities. For example, we cannot fund ingredients for a bake sale. The money for the ingreidents need to come from money raised at the event.
You must not raise any money for any charities without following these guidelines otherwise you are breaking the law. You must not pay any money raised for charities/activity groups into your personal bank account.