FROM CAROL
Before I start talking money I want to say that while I was in Cameroon many times Ruth and I remembered Allan Anderson and how much he meant to us when we were twenty-somethings. (I'm sure Cherry Champagne would agree with us, too.) He blessed our existence deeply back then, and does so to this day. On that day in McMinnville two years ago, after commencement, when I said to him, "What WEH needs most is a truck," he promptly responded, "We could do that." If he had not said that I would have thought it was a hare-brained idea and dropped it! That's how much respect I've always had for his opinions. But how could he be in his 80s! Good grief, it means that Ruth and I are in our 60s. My, oh my. Anyway, his choice to step down as President is reasonable and I honor him in it.
Our bank balance is $505.79
INCOME (all in contributions) $23,174.74
EXPENSES
Bank Expenses (checks) 49.95
Corporation Expenses 760.00
Medical Supplies purchased 1,114.00
Truck purchase 12,250.00
Truck shipping 3,500.00
Truck duty/taxes/customs broker 4,200.00
WEH Worker bonus
(contributed by board members who visited) 1,200
OUTSTANDING EXPENSES
$1400 to reimburse WEH for truck repairs (See The Truck)
$2100 balance owed to the customs brokerage in Cameroon
Ongoing cost of gas @ _____ per month.
Comments (3)
barbarafnpc@... said
at 9:32 am on Apr 1, 2009
Looks like the total of the known expenses from (date?) to 3/31/09 is $24,873.95 + $1400.00 and $2100.00 = $25,373.95. We raised a little more than $2000.00 per month for the past 12 months, but I'm not sure when the fund-raising actually began so I don't know how many months it took to raise that money.
I'm assuming that our future expenses may not be equal to our current experience since we're not planning to buy another truck immediately. I'd love to see us commit not only to a regular amount of support for the truck, but also a regular amount in support of school expenses, medical needs, and commodity foods.
a) Should we be developing a proposed budget now?
b) ask the Treasurer to draft one and circulate it for the Board's review and approval after this meeting has ended. If we do that, the review, comment and voting could be done the same as this board meeting.
c) do we need a budget at all? should we not have one, and in lieu of a budget let Ruth and the WEH Board know that we'll send them whatever we have raised at the end of each month? If I were Ruth, I wouldn't like this option very well.
Barbara
barbarafnpc@... said
at 1:38 pm on Apr 4, 2009
We haven't discussed whether Friends of WEH should have a budget. I think this could be very helpful. It would show the amount we need to raise to give at the level that we want, and how much we'll give to which projects: commodity foods, medical care, school support, perhaps support for area health clinics, recognition for WEH volunteers for their time and faithful work, an amortization schedule for the customs bill, and development of the Vocational Center, etc.
Could the Treasurer develop a draft 2009 budget for the Board's review and approval? and could the Board discuss it and vote to accept the revised 2009 budget draft by May 1? or July 1 when David assumes the Presidency?
Does Friends of WEH operate on a fiscal year of January 1 - December 31? or July 1-June 30? or? If we're going to operate like a formal organization, i.e., we are incorporated, we should know the period of time that our budget reflects.
Could this be voted today?
Carol Hosler said
at 3:13 pm on Apr 4, 2009
I do think we need to create a budget. Yes, maybe have it done by July. We need lots of estimates from Ruth, and we need to get some pledges in to estimate a proposed revenue stream. Then we could prioritize how to expend our resources.
The fiscal year is Jan 1 to December 31.
I don't see a need for a vote on this. I'm assuming everyone sees the wisdom of doing this.
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