PTO BYLAWS Stanley Elementary School 10 Whitman Road Swampscott, MA 01907 ARTICLE I – NAME, DESCRIPTION & PURPOSE Section 1: NAME The name of the organization shall be Stanley Elementary School PTO, Inc. ("PTO"). The PTO is located at 10 Whitman Road, Swampscott MA 01907. Section 2: DESCRIPTION The PTO is a non-profit organization that exists for charitable and educational purposes, including the making of occasional distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the Internal Revenue Code. Section 3: PURPOSE The purpose of the PTO is to enhance and support the educational experience at Stanley Elementary School, to develop a closer connection between school and home by encouraging parental involvement, and to improve the environment at Stanley School through volunteer and financial support. ARTICLE II – MEMBERSHIP Section 1: MEMBERSHIP Membership shall be automatically granted to all parents and guardians of Stanley Elementary School students, plus all staff at Stanley Elementary School. Page 1 of 7 Section 2: DUES Dues rates are established by Board of Directors, prior to the beginning of the school year. A member must have paid dues to be considered a member in good standing with voting rights. The Board of Directors shall have the authority to waive dues in appropriate circumstances. Membership is for one school year. ARTICLE III – DIRECTOR AND OFFICERS Section 1: BOARD OF DIRECTORS AND OFFICERS The Board of Directors shall consist of the following Officers: President, Vice President(s), Secretary, Treasurer, and Assistant Officers. These officer positions shall be elected by PTO members by majority vote. These Board positions may be amended and/or added to with a majority vote of the PTO at a publicly held meeting. Officers’ responsibilities may be delegated to assistants. The Board shall be self-perpetuating and shall fill such vacancies as may exist. The Board shall elect its members annually in the last month of the school year. Section 2: TERM OF OFFICE The term of office for all Directors and Officers shall be one school year, the term beginning immediately upon election, and ends upon Officer election in June meeting of each school year. Officers and directors shall serve until their successors have been elected. Section 3: QUALIFICATIONS Any PTO member in good standing may become a Board Member and/or Officer of the PTO. Page 2 of 7 Section 4: DUTIES Board of Directors: Develop the PTO’s annual budget, establish and oversee committees to conduct the work of the PTO, and carry out the purpose of the PTO. President: President will serve as official representative of the PTO, retain all official records, oversees and has working knowledge of all committees. President shall work closely with Stanley Principal, other Swampscott PTO/PTA Boards, and Swampscott Superintendent Office. The following Vice Presidents: Social Events Chair: Assists President in all tasks related to PTO events and student programs, oversees event-related committees. Community Relations Chair: Attend School Committee meetings and report findings to the Board. Act as liaison with other local schools related to community events. Cultural Arts Chair: Collaborates with the school principal to coordinate all cultural arts events. Acts as point person with all outside vendors, and solicits feedback from teachers/students after events in order to plan future events. Fundraising Chair: Manages fundraising efforts of the PTO. Treasurer: Posts all financial transactions as they occur throughout the month. Creates monthly budgets and Treasurer reports for PTO meetings. Manages the balance sheet and maintains proper accounting records as reconciled with bank statements. Leads the annual budget development process in April, presents the budget for approval in May. Files annual tax return by November 15. Files annual incorporation filings with State by Nov 1st, and Certificate of Change of Directors and Officers, as needed. Reconciles the checkbook, writes checks as needed, makes deposits in a timely fashion, as needed, keeps financial transaction forms available for all volunteers. Secretary: Responsible for accurately taking minutes at the PTO meetings, typing up and distributing in a timely manner. Manages the email listserv Page 3 of 7 and sends communication email reminders via Stanley Chronicle. Also responsible for updating the PTO website. Section 5: COMPENSATION Board members and Officers shall serve without compensation. Section 6: BOARD MEETINGS The Board shall meet bi-annually during the school year, or at the discretion of the Board. A majority of the Board shall constitute a quorum. Meeting dates may be set in advance by the Board for the year, or may be called on one week's notice to Board members by the President, the Treasurer or five Board members. At this meeting the Board shall determine PTO strategy, review the PTO budget and consider the Principals objectives form the upcoming year. The Board may also vote on issues that do not require a PTO meeting vote (see Member Meetings Section 2: Voting) as needed. Section 7: REMOVAL An Officer can be removed from office for reasons such as but not limited to failure to fulfill his/her duties, after reasonable notice, by a two-thirds vote of the Board. Section 8: VACANCY If a vacancy occurs on the Board, the Board shall elect a PTO member to fill the vacancy, for the remainder of the Officer’s term, if deemed necessary ARTICLE IV – MEMBER MEETINGS Section 1: PTO MEETINGS PTO meetings shall be held to conduct the business of the PTO. Meetings are held monthly during the school year or at the discretion of the Board. The meetings should be scheduled and published prior to the school year. Page 4 of 7 Changes in dates must be made at least 1 week prior and broadly communicated. Section 2: VOTING All PTO expenditures in excess of $500 requiring a vote will take place at PTO meetings. Each member in good standing in attendance at a PTO meeting is eligible to vote, one vote per family. Absentee or proxy votes are not allowed. Section 3: QUORUM Nine (9) members of the PTO present constitute a quorum for the purpose of voting. Article V - COMMITTEES Section 1: MEMBERSHIP Any PTO member in good standing may be on a Committee. Section 2: STANDING COMMITTEES The following committees shall operate under the PTO: After School Program, Welcome Committee, Hospitality Committee, Library Committee, Science Fair, Grant Writing, Holiday Fair, Beautification Grounds, Big Blue Bargain, Book Fair, Box Top Committee, Fitness Walk, Fun Field Day, Safety Committee, Stanley Family Non-Fiction Reading Program, Stanley School Directory, Staples Kitz, T-Shirt Committee, Talent Show Committee. Section 3: ADDITIONAL COMMITTEES The Board may create and/or dissolve committees as needed. Page 5 of 7 ARTICLE VI – FINANCIAL POLICIES Section 1: FISCAL YEAR The fiscal year of the PTO begins July 1 and ends June 30 of the following calendar year. Section 2: BANKING All funds shall be kept in a bank account in the name of Stanley Elementary School PTO, Inc., requiring two Officer’s signatures and held at a local financial institution. Section 3: REPORTING All financial activity shall be recorded in a manual or computer-based accounting system. The Treasurer shall reconcile the account(s) monthly and report all financial activity monthly to the Board. The PTO Board shall arrange an independent review of its financial records each year. Section 4: BUDGET AND EXPENDITURES The PTO budget will be set and approved by June of previous school year. Any new expenditure of $500 or more which initiates a new line item on budget must be approved by PTO member meeting vote. Section 5: ENDING BALANCE The organization shall leave a minimum of $2500 in the PTO treasury at the end of each fiscal year. Section 6: CONTRACTS Contract signing authority is limited to the President and/or the Board’s designee, after authorization by the Board. Page 6 of 7 ARTICLE VII – BYLAW AMENDMENTS Amendments to the bylaws may be proposed by any PTO member. Amendments presented at a PTO meeting shall be considered for voting at a subsequent meeting. Two-thirds approval of all members present and voting is required to adopt an amendment to the Bylaws. ARTICLE VIII – CONFLICT OF INTEREST POLICY These Bylaws comply with our Conflict of Interest Policy outlined in Addendum A of these Bylaws. The PTO voted on and approved the Conflict of Interest Policy in June 2014. ARTICLE IX - DISSOLUTION In the event of dissolution of the PTO, any funds remaining shall be donated to Stanley Elementary School, or, in the event such school no longer exists to a school or nonprofit PTO/PTA of the Boards choice. These bylaw amendments were adopted on June 4, 2014. Page 7 of 7