Alumnae Association Banking

[Titchou]

Banking laws have changed greatly since 9/11. Unless you have a great deal of money (thousands of dollars), I don't recommend filing for a 501C designation.It alone can cost $1000. Banks will require an EIN or SSN to open an account...it's the law. SO unless you have someone you trust implicitly to use their SSN and not rob you, you aren't going to be able to open an account.