K N I G H T S

K N I G H T S

O F C O L U M B U S

IN SERVICE TO ONE, IN SERVICE TO ALL

Our Lady Queen of the Apostles

Council 12376

100 Crestwood Blvd. South, Royal Palm Beach, Florida, 33411

By-Laws as Amended January 28, 2008

ARTICLE VII - Funds

Section 1. All moneys obtained from any source, by or through any person or persons, acting for or in the name of the Council or under its direction or authority, shall be considered Council Funds and shall be forthwith delivered to the Financial Secretary, who shall give his official receipt therefore and who shall report at the close of each meeting the amounts so received and from what source and shall deliver the same to the Council Treasurer and take his receipt therefore.

Section 2. The Treasurer shall deposit all moneys received from the Financial Secretary in a bank to the credit of the Council. Disbursements from this fund shall be made only by check signed by any two of the following Officers: Treasurer, Grand Knight, or Deputy Grand Knight. The depository bank shall be furnished with a copy of this section.

Section 3. No money in excess of $500.00 shall be paid or transferred from the Treasury of this Council, except such moneys as the Council is called upon to regularly pay for its current expenses and as provided by the Laws of the Order or for purposes approved by the Supreme Council or Board of Directors, unless by a two-thirds vote of the members present and voting at a regular business meeting held subsequent to a regular business meeting at which notice in writing of a resolution of intention to pay or transfer such money and the purposes and amount to be paid or transferred shall have been given and regularly read.

Section 4. All bills shall be presented to the Financial Secretary for proper handling. The Financial Secretary will prepare and sign, if appropriate, a warrant voucher to be presented to the Grand Knight for his approval. Upon the Grand Knights approval the warrant voucher is then presented to the Treasurer for his handling. The Treasurer will prepare a check. The Treasurer will then sign the check and if less than $500.00 will present it to the Grand Knight for his signature. Once the check is properly signed, both the check and the carbon copy of the approved warrant voucher is then returned to the Financial Secretary. The Financial Secretary will then mail the payment and appropriate documentation for the disbursement to the proper party. If the transaction is over $500.00 and not made payable to either the K of C Supreme or the Florida State Council the warrant voucher is required additional approval by the majority of the membership at a regular business meeting. The Treasurer is to give a report of all disbursements at each regular business meeting.

Section 5. The membership shall determine by majority vote how the net proceeds of all Council fund raising activities shall be appropriated. Until changed, the current appropriated activities are (1) Building Fund, (2) Church Fund, (3) Brother in Need Fund, (4) General Operating Fund, and (5) from time to time various Charities.

The current percentages are as follows:

Building Fund	10%
Church Fund	10%
Brother in Need Fund	5%
General Operating Fund & various Charities	75%

Brother in Need Fund

Financial assistance shall be provided a Brother in Need in an amount to be determined by the Relief Committee depending upon the Brother’s circumstances, usually not to exceed $500 per situation. The Brother in Need fund is funded principally with the allocated proceeds of the Council’s fund raising activities at a rate to be determined by the majority of the Council’s membership (the rate is presently 5% of the net profit of the designated fund raising activities). From time to time additional funds may be appropriated by majority vote of the Council’s membership at a regular business meeting. The Grand Knight, Financial Secretary and Treasurer shall constitute a Relief Committee. They shall investigate the case of any brother who is reported to be in distress or in need of relief and if in their judgment the case is one deserving of assistance, they shall have power to draw from this Relief Fund such reasonable sum of money to afford assistance as the circumstances of the case may require.

Council fund raising activities do not include State or Account Supreme Council activities, such as the "Handicapped Citizens Drive."

Section 6. Council delegates to the State Convention will have the following expenses paid by the Council for each delegate and their guest.

a. Friday Theme Dinner.
b. Saturday State Dinner.
c. Sunday State Breakfast.
d. Hotel standard room expense for Friday and Saturday.
e. Travel expenses to State Convention if not paid by State.

This site was last updated October 25, 2011