Transaction Approval & Payment Authority Policy
Use this simple, time-saving template to authorize an organization’s Executive Director (or CEO) to make payments and approve transactions. Set thresholds for when additional approvals or signatures are needed.
This document is not legal advice. You should consult a lawyer with experience representing Pennsylvania nonprofits before signing and filing documents. Every startup nonprofit is different, and a lawyer can help guide you through the startup process and the important considerations relevant for your particular organization.
