Booster Club Related-Party Transaction Policy: Disclosure, Review, and Recognition-Safe Governance
A booster club related-party transaction policy governs what happens when the organization spends money with or directs contracts toward a vendor, service provider, or individual who has a personal or financial relationship with a board officer, committee chair, or immediate family member of either. Athletic directors, booster presidents, and school administrators who manage programs without a written policy discover the gap the same way every time: a parent volunteer raises a question about why a service contract went to a board member’s spouse, or a sponsor asks why their recognition display was installed by a company an officer has an ownership stake in—and no documented answer exists.
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