| VOLUME: I |
POLICIES RELATED TO ACCOUNTING ADMINISTRATION |
| SUBJECT: |
Payments for Memberships in Social Organizations |
| SOURCE: |
Financial Management Support, Office of Management and Budget (OMB) A-21 on Disallowances for Indirect Cost |
| DATE ISSUED: |
July 1992 |
| POLICY NO.: |
I - 70 |
| RATIONALE: |
To establish the rules for paying memberships in social organizations. |
| POLICY: |
Payments for memberships in social organizations cannot be paid with university funds. |
| DEFINITIONS: |
Examples of social organizations are clubs, golf course membership dues, sororities, fraternities and civic organizations. |
| PROCEDURE REFERENCE: |
Payment for memberships in social organizations can be made by utilizing an Indiana University Foundation account. |
| CROSS REFERENCE: |
OMB Circular A-21 specifically disallows these types of expenses as a direct or indirect cost charged to grants and contracts. Refer to Indiana University Foundation Policy regarding use of Restricted Accounts. |
| RESPONSIBLE ORGANIZATION: |
Financial Management Support |
