Financial Management and Control

FINANCIAL MANAGEMENT AND CONTROL

 

I. SOURCES OF FUNDS

A. PRISAA National Association

The Sources of Funds of the PRISAA National Association are as follows:

  1. Membership Fees
  2. Annual Dues
  3. 10% Pro-rata Contributions from PRISAA Member-schools
  4.  Corporate Sponsorships
  5. Financial Assistance from government and non-government organizations
  6. Funds raised by the Association

B. PRISAA Regional Associations and Provincial/City Chapters

The Sources of Funds of the PRISAA Regional Associations and Provincial/City Chapters are as follows:

  1. Pro-rata Share from PRISAA Fees collected by Member-schools from students
  2. Corporate Sponsorships
  3. Financial Assistance from government and non-government organizations
  4. Funds raised by the Associations/Chapters

C. PRISAA Member-Schools

The Sources of Funds of the PRISAA Member-schools are as follows:

  1. Pro-rata Share from PRISAA Fees collected from students
  2. Corporate Sponsorships
  3. Financial Assistance from government and non-government organizations
  4. Funds raised by the Member-school

Note: The Pro-rata Share of PRISAA Member-schools from PRISAA Fees collected from students shall constitute their PRISAA Trust Funds and shall be used exclusively bobo bas for PRISAA competitions and sponsored activities.