Since getting the parking lot revenues working for us and not against us, we are in the happy situation of having a small surplus each month. We first decided to build up a healthy reserve of funds - to which end we opened a Market Link Account for maximum interest. We have now reached a comfrotable level and are starting to disburse some funds to worthy causes.
Our first disbursement was to Home SPM for a new gas burner and for funds for placing people in night shelters. To date we have paid them about half of the funds and are awaitng receipts from them as they spend the rest of the money.
At our last meeting in November, the Obs Library had put in a request for funds for amongst other things, wool for the knitting group, and funds for parties fot the Nannies and Todlers and the knitters. They also needed some lamination puches for their new lamination machine.
The OCA was able to provifre funding for just about everthing on the Library's list. The money has not been disbursed yet, but is ready and waiting for when the Library presents us with some invoices.
Do you have a project, or need funding for your NGO, or have an ideas that will maike a difference to some one. Send your motivations and full details to the OCA for consideration. Please make your submission as detailed and thorugh as possible. Please state for what you need the money, what difference it will make and who the beneficiaries will be.
You may email me direct at
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
and I will make sure the proposals get discussed the next committee meeting. We have one more meeting left for this year in early December so if you have something in mind please act fast.
Trevor Hughes Chair OCA
|