[Businessmtg] Excess Funds over Prudent Reserve
logmark at comcast.net
logmark at comcast.net
Wed Feb 20 22:09:37 PST 2013
Biz-Pals,
Our Prudent Reserve has been set by group conscience at
one year's expenses. That level was specified as [~$1,300]
at the time and remains the same as our expenses have not
risen. During my five years as Treasurer and continuing
through the end of January of this year as posted on the
member website we have consistently carried well over our
stated Prudent Reserve in our account.
Currently we hold (again by the Jan report) close to $1000
above the $1300 we agreed upon. There are no current plans
which require this excess (and this business meeting is not about
creating new plans to use it in the future.) By all Al-Anon principle
we are obligated have this money from our membership go to further
Al-Anon's work.
There is a catch which makes this difficult for some - we do not
get a great deal of support in the traditional sense from the WSO.
In the past there was an entity called the OLA which was independent
of the WSO (and outside the WSO and WSC's purview ) which did offer
support to on line groups. Ah, but was it an Al-Anon service arm?
No. Since then the OLA has been absorbed into the WSO umbrella,
but since groups are not permitted to earmark WSO donations to
particular WSO committees, but only to the general fund we have
little choice.
One things is certain. For five years as Treasurer and trusted servant
I asked this group's members to support this group and Al-Anon through
donations to our basket which I regularly passed. It quickly became
evident that the business arm of our meeting was NOT going to donate
to the WSO preferring other organizations or none at all. There wasn't
a moment that I didn't feel the guilt of asking for donations from folks
who in their f2f meetings knew that excess funds were in some way
proportioned between the various official Al-Anon service arms available
to them. When I once followed this simple principle and made a donation
to the WSO I got an unofficial reaming.
Here on line we have but one service arm to which we can properly give
the group's Al-Anon funds: the WSO. I request that any other proposed
destination for our Al-Anon money be first carefully researched and found
to be an Al-Anon entity, and that direct donations to them is permitted
according to our WSC's stated decisions as expressed in Al-Anon's
Guidelines before any monies can be released to them.
Should we as a group devise plans or events in the future which require
money, then would be the time to adjust our Prudent Reserve level to
fit our annual outlay. Until such time as this happens I believe that
sitting on a thousand dollars (and sometimes much more) of our members'
donations is counter to Al-Anon's ethic. We should donate our treasury's
excess over our set Prudent Reserve at the end of each quarter to the WSO
without delay starting with our excess as of the end of December, 2012.
Jerry
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