Re: [atlarge-discuss] finance

[Jeff Williams <jwkckid1@ix.netcom.com>]

Judyth and all stakeholders or other interested parties and members,

espresso@e-scape.net wrote:

> At 17:04 -0700 2002/09/25, Jeff Williams wrote:
> >   Well the difference which I outlined below in some detail
> >pretty much spells it out.  The Funding Committee is a Committee
> >that's function is to come up with a funding method and plan and than
> >execute it.  A Finance Committee is a Committee who's purpose is
> >to disburse funds and determine what method is to be used to do so..
> >
> >  I hope that is clear and simple enough for you and everyone else
> >Eric.  Please advise.
>
> Perhaps the problem is that most organizations this size would not be structured this way.

  I cannot confirm or deny such a declaration, Judyth.  I doubt that you can either.
Hence I am quite surprised that you made it here.

I can say that most organizations of this size that I have been associated with,
worked with, been a member of, or served in various capacities have just such
or similar structure.

>
>
> It is the Treasurer, reporting to both the executive body as a whole and the membership as a whole, who is responsible for budgets and financial control.

  In a highly structured organization, this would be true.  Usually that same
Treasurer is the Sr member of the Finance Committee, and would also
sit in on the Funding Committee.  However there are and I have experienced
a number of variations on this structure theme.  To keep it simple, as you
posted about earlier, It would seem that we need to have a less structured
approach, hence a Finance and funding committee with a Hired Treasurer
as I suggested, be implemented.  Of course unless or until we have some
funding that Treasurer will need to work for free, or we will need some
"Seed Capital" by which to fund this and other hired positions.

>
>
> The committee charged with raising the funds is usually called Fundraising, or possibly Public Relations.

  Usually?  Hummm?  I guess this is again one of glittering generalities logical
errors.  I cannot confirm or deny, and I am sure you cannot either, that such
is the actual case, unless you have some specific published data that would
show such a contention.  I know I do not.  I have also never heard in my
24 years of experience in these areas, that a Public Relations department
would be in charge or responsible for fund raising for and entire organization
of this or any other size.  However it is true that some PR departments
within large organizations, would have the freedom to raise their own
funds to a limited extent...

>
>
> Regards,
>
> Judyth
>
> ##########################################################
> Judyth Mermelstein     "cogito ergo lego ergo cogito..."
> Montreal, QC           <espresso@e-scape.net>
> ##########################################################
> "A word to the wise is sufficient. For others, use more."
> ##########################################################

Regards,

--
Jeffrey A. Williams
Spokesman for INEGroup - (Over 127k members/stakeholders strong!)
CEO/DIR. Internet Network Eng/SR. Java/CORBA Development Eng.
Information Network Eng. Group. INEG. INC.
E-Mail jwkckid1@ix.netcom.com
Contact Number: 214-244-4827 or 972-244-3801
Address: 5 East Kirkwood Blvd. Grapevine Texas 75208



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