IA Permission Slip
The Mineola Fine and Performing Arts Department is pleased to offer several fundraising opportunities throughout the year for families. These fundraising opportunities are split into two categories: group fundraising and individual fundraising. The money raised from group fundraisers; such as dining at a restaurant, benefits the ensemble. However, the funds from individual fundraisers are deposited into your child’s IA.
IA stands for Individual Account. Once fundraising begins, a learner has an IA created for them. Think of the IA as a bank account - when you sell a box of chocolate for $96, and that fundraiser has a 50% profit margin, $48 is automatically deposited into your child’s IA. That is how your fundraising money becomes available for your child to use towards a Mineola Fine and Performing Arts event. Please note the following guidelines for the Individual Account:
Q: What happens if a learner graduates with money left in their IA?
A: IA balances can be transferred to a sibling in the household. If there is no sibling in the house, the
money is put into the ensemble’s General Fund to benefit the entire ensemble for future approved costs.
Q: How do I check the balance of my IA?
A: Contact the teacher organizing the trip; they can give you the balance of your IA.
Q: What can I use my IA funds for?
A: Your IA funds can be used towards costs in the Fine and Performing Arts Department as said above. IA funds cannot be used for Instrument Rentals or NYSSMA.
The Mineola Fine and Performing Arts Department is pleased to offer several fundraising opportunities throughout the year for families. These fundraising opportunities are split into two categories: group fundraising and individual fundraising. The money raised from group fundraisers; such as dining at a restaurant, benefits the ensemble. However, the funds from individual fundraisers are deposited into your child’s IA.
IA stands for Individual Account. Once fundraising begins, a learner has an IA created for them. Think of the IA as a bank account - when you sell a box of chocolate for $96, and that fundraiser has a 50% profit margin, $48 is automatically deposited into your child’s IA. That is how your fundraising money becomes available for your child to use towards a Mineola Fine and Performing Arts event. Please note the following guidelines for the Individual Account:
- Funds can be used to pay for certain activities in the Fine and Performing Arts Department, including trips, performance costs, and special clothing sales.
- Funds carry over year to year but must be used before the learner graduates.
- To use your IA; contact the teacher organizing the field trip and inform them that you’d like to use the IA for an upcoming cost.
- You cannot withdraw cash from an IA. Funds need to be used towards an approved cost.
Q: What happens if a learner graduates with money left in their IA?
A: IA balances can be transferred to a sibling in the household. If there is no sibling in the house, the
money is put into the ensemble’s General Fund to benefit the entire ensemble for future approved costs.
Q: How do I check the balance of my IA?
A: Contact the teacher organizing the trip; they can give you the balance of your IA.
Q: What can I use my IA funds for?
A: Your IA funds can be used towards costs in the Fine and Performing Arts Department as said above. IA funds cannot be used for Instrument Rentals or NYSSMA.
