Which budget type involves the Activities Director having some responsibility for raising funds and treats fundraising as part of the school's fabric and culture?

• A. Operating Budget
• B. Fundraising Budget
• C. Capital Budget
• D. Supplemental Budget

Answer: (B)

The main idea here is budgeting that treats fundraising as a built-in, ongoing part of the school’s operations. A fundraising budget is designed so that raising money isn’t just an isolated event but a regular activity that supports programs year after year. It involves the Activities Director taking some responsibility for fundraising efforts, linking student activities to broader resources, and embedding donor relations, events, and sponsorships into the school culture.

This stands in contrast to an operating budget, which covers day-to-day costs like supplies, travel, and uniforms; a capital budget, which funds long-term assets such as facilities or major equipment purchases; and a supplemental budget, which is used for extra or emergency needs during the year and isn’t about sustaining an ongoing fundraising culture.