[Businessmtg] Excess Funds

[list_administrator]

Hi everyone,

Thank you all for your discussion and contribution to this meeting.  

The distribution of the current reserve is unique in that we are talking about 
$900 or so...however going forward, it is unlikely that we will have such a 
reserve, as we are hopefully going to find a solution for where we are 'now'. 
If we agree to disperse excess funds quarterly, we will be talking about a 
much lower dollar amount, so the focus will be more on 'where', as opposed to 
'how much'.  

Given that, I agree with Steve's recommendation (copied below for quick 
reference) because it seems to me an effective compromise for where we are 
today, understanding that going forward, more information is needed around the 
OLA-IS piece. 

Thanks again everyone for sharing your knowledge here, I have learned a lot 
from this discussion!

Hugs,
Cyndi

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A.  ASP donate 50% of the funds in excess of the prudent reserve to WSO. 

B.  ASP donate 20% of the funds in excess of the prudent reserve to OLAOC (aka 
OLA-IS). 

C.  ASP donate 20% of the funds in excess of the prudent reserve to GSO's of 
countries representing members of ASP - details to be determined by the 
Steering Committee.

D.  ASP hold in trust 10% of the funds in excess of the prudent reserve for 
donation to Al-Anon service arm(s) that specifically serve and represent 
online meetings. Said service arm must allow for participation by a 
representative from ASP to qualify. 

E.  ASP repeat the process outlined by A thru D above on a quarterly basis. 

In real numbers that works out to . . . 

Current balance:          $ 2,277.27 
Less Prudent Reserve:     $ 1,301.00 
Excess Funds:          $   976.27 

Suggested donation to WSO:     $ 488.14 
Suggested donation to OLAOC:     $ 195.25 
Suggested donation to GSO's:     $ 195.25 
Held in Trust:               $  97.63 



















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