Funding SHC for the next 5-10 years

SHC is not funded by any individual or organisation. All activities are voluntary and at costs. EO usually report losing money despite putting in time, effort and costs

We can carry on as we have done for the last 15 years.

A common question which members asked is how much do we have under the pillow. My answer is Zero.

At the recent feedback on finding a successor, we had some suggestions to raise funds. We had not considered because many members felt we should remain status quo because of legal concerns and how to go about. I am not in favour of fees and subscriptions. I think that collecting fees is a debate itself as members have expressed strongly they benefit differently from SHC besides the legalities, so fees or subscriptions is an unfair concept.

But we should still explore how we can fund ourselves. Besides the operational costs, we should now look forward the next 5-10 years how to manage new seniors expectations eg how to handle major events, membership drives without running losses.

If we have a fund, we can see ourselves operating as a voluntary social club for the next 5 or even 10 years. This will enable the Club successor and the Admin committee to run SHC, within rules set.

To start the process, I like to initiate 2 brainstorms sessions. Members get to voice your opinion and suggestion.

Session 1 – What are the big ticket activities or ideas, you, as a member, expect or hope to see within the next 5-10 years. Date next Sat/Sun.

Session 2 – We should then determine a budget as our aim for a fund. Here, we brainstorm how can go about setting a fund.

Both sessions are recorded, for members update.

You can also participate in this topic in SilverHairsClub.com forum.

Terence Seah

Author: Terence Seah

Founder

40 thoughts on “Funding SHC for the next 5-10 years”

  1. Latest update:

    Funding collected as of now stands at $5525.88 – Kindly note that we will our best try to update any donations coming along as much as I can. Please see the updated namelist of members whom had donated. We also respected the request of members to remain Anonymous upon their donations.

    S/N NAME
    1 AGNES SEOW
    2 ANNE LEE
    3 BESSIE LAM
    4 BOBBY BOK
    5 BOBBY YEE
    6 CATHERINE HO
    7 CATHERINE SOON
    8 CHARLES WEE
    9 CHENG CHEE CHEW
    10 CHRISTINA QUAH
    11 COLA TAN
    12 DANIEL TAN
    13 DAVID ONG & LILIAN CHUA
    14 DIANA NG
    15 DOLLY LIM
    16 DORA LIM
    17 EILEEN TAN
    18 ERLICH PHUA
    19 EVELYN NEO
    20 FREDA LIM
    21 FRISNA TAN
    22 GABRIELLA CHUA
    23 HELEN CHEONG
    24 HO SOO BOI
    25 HUANG CHOONG SWEE
    26 IRENE POH
    27 JASMINE WONG
    28 JEAN LIM
    29 JOHN CHUA
    30 JOHN HOWE
    31 JONATHAN ONG
    32 JOSEPHINE ONG
    33 JUDY LIM
    34 JUNE CHUNG
    35 KRISTY NG
    36 LEE HOU CHONG
    37 LEE LI YONG
    38 LILY SEAH
    39 LIM LAM GEOK
    40 LINA NG
    41 LOUIS AND ROSALIND
    42 LYDIA POH
    43 MARG TIAN
    44 MARIE CHONG
    45 MARLENE YAP
    46 MELISSA KHNG
    47 NG HOW
    48 NORLINDA BTE MOHAMED ALI
    49 ONG LIN KHIM
    50 PEGGY LOW
    51 PRISCILLA WEE
    52 SALLY TANSC
    53 SANDIRASEKARAN S/O
    54 SHERRY WONG
    55 SILVESTER
    56 STEVE SEAH
    57 SUSAN CHANG
    58 SUSAN CHTAN
    59 TAN CHUI GEOK
    60 TEO MUI LAN
    61 THERESA SEOW
    62 VICKY SIONG
    63 VICTOR CHOK
    64 YEO KHOON KEE
    65 YEOW TING FOOK
    66 YOON CHIN
    67 ANONYMOUS (1)
    68 ANONYMOUS (2)

    Thank you for all generous donations received so far.

    Cheers.. DollyL

  2. After the announcement of SHC Funding collected less than the targeted $6000, glad to receive another 2 members’ donations. Hopefully, we are able to achieve this target eventually.. Below is the updated list of of November 22, 2021. Please let me know should be there any amendments. Thank you.

    S/N NAME
    1 AGNES SEOW
    2 ANNE LEE
    3 BESSIE LAM
    4 BOBBY BOK
    5 BOBBY YEE
    6 CATHERINE HO
    7 CATHERINE SOON
    8 CHARLES WEE
    9 CHENG CHEE CHEW
    10 CHRISTINA QUAH
    11 DANIEL TAN
    12 DAVID ONG & LILIAN CHUA
    13 DIANA NG
    14 DOLLY LIM
    15 DORA LIM
    16 EILEEN TAN
    17 ERLICH PHUA
    18 EVELYN NEO
    19 FREDA LIM
    20 FRISNA TAN
    21 GABRIELLA CHUA
    22 HELEN CHEONG
    23 HO SOO BOI
    24 HUANG CHOONG SWEE
    25 JASMINE WONG
    26 JEAN LIM
    27 JOHN CHUA
    28 JOHN HOWE
    29 JONATHAN ONG
    30 JOSEPHINE ONG
    31 JUDY LIM
    32 JUNE CHUNG
    33 KRISTY NG
    34 LEE HOU CHONG
    35 LEE LI YONG
    36 LILY SEAH
    37 LIM LAM GEOK
    38 LINA NG
    39 LOUIS AND ROSALIND
    40 LYDIA POH
    41 MARG TIAN
    42 MARIE CHONG
    43 MARLENE YAP
    44 MELISSA KHNG
    45 NG HOW
    46 NORLINDA BTE MOHAMED ALI
    47 ONG LIN KHIM
    48 PEGGY LOW
    49 POH AH
    50 PRISCILLA WEE
    51 SALLY TANSC
    52 SANDIRASEKARAN S/O
    53 SHERRY WONG
    54 SILVESTER
    55 STEVE SEAH
    56 SUSAN CHANG
    57 SUSAN CHTAN
    58 TAN CHUI GEOK
    59 TEO MUI LAN
    60 THERESA SEOW
    61 VICKY SIONG
    62 VICTOR CHOK
    63 YEO KHOON KEE
    64 YEOW TING FOOK
    65 YOON CHIN
    66 ANONYMOUS (1)

  3. The detailed list of members that donated towards SHC Funding is compiled as below. Kindly note that we had done as much as we could to match the names against the funds recd via Paynow and Paylah/others. Hence, should any members felt that there is missing out and/or done transfer on behalf, please do not hesitate to reply to this comment so that we will able to rectify these hiccups soonest possible.

    S/N NAME
    1 AGNES SEOW
    2 ANNE LEE
    3 BESSIE LAM
    4 BOBBY BOK
    5 BOBBY YEE
    6 CATHERINE HO
    7 CATHERINE SOON
    8 CHARLES WEE
    9 CHENG CHEE CHEW
    10 CHRISTINA QUAH
    11 DANIEL TAN
    12 DAVID ONG & LILIAN CHUA
    13 DIANA NG
    14 DOLLY LIM
    15 DORA LIM
    16 EILEEN TAN
    17 ERLICH PHUA
    18 EVELYN NEO
    19 FREDA LIM
    20 FRISNA TAN
    21 GABRIELLA CHUA
    22 HELEN CHEONG
    23 HO SOO BOI
    24 HUANG CHOONG SWEE
    25 IRENE POH
    26 JASMINE WONG
    27 JEAN LIM
    28 JOHN CHUA
    29 JOHN HOWE
    30 JONATHAN ONG
    31 JOSEPHINE ONG
    32 JUDY LIM
    33 JUNE CHUNG
    34 KRISTY NG
    35 LEE HOU CHONG
    36 LEE LI YONG
    37 LILY SEAH
    38 LIM LAM GEOK
    39 LINA NG
    40 LOUIS AND ROSALIND
    41 LYDIA POH
    42 MARG TIAN
    43 MARIE CHONG
    44 MARLENE YAP
    45 MELISSA KHNG
    46 NG HOW
    47 NORLINDA BTE MOHAMED ALI
    48 ONG LIN KHIM
    49 PEGGY LOW
    50 PRISCILLA WEE
    51 SALLY TANSC
    52 SANDIRASEKARAN
    53 SHERRY WONG
    54 SILVESTER
    55 STEVE SEAH
    56 SUSAN CHTAN
    57 TAN CHUI GEOK
    58 TEO MUI LAN
    59 THERESA SEOW
    60 VICKY SIONG
    61 VICTOR CHOK
    62 YEO KHOON KEE
    63 YEOW TING FOOK
    64 YOON CHIN

    Regards… DollyL

    1. Glad that someone has volunteered for the post of treasurer, and not surprisingly, it is you. SHC is and always will be very special to you.
      You have done a fantastic job at weeding out duplicates so quickly and efficiently !

      Cheers…… Chan KN

  4. We are now checking the list of donors. Some of reported duplicate names,others have reported differences between their SHC names against the bank registered names.

    The club has now identified a Treasurer. The person will hold the total amount collected as well as any incoming funds.

    Guidelines will be set on payment soon.

    ** Kast call. If your name is not in the kist of donors, plse contact 9489 4360.

    Terence Seah

  5. Here is a record on the donations to our sHc start up fund. we have crossed our target of SGD 6000. A few donors are not recognised as members, Pkse contact 9489 4360 for your names to be identified,

    Aaron
    Agnes Seow
    Anne Lee
    Beatrice Yip
    Bobby Tan
    Catherine Ho
    Catherine Soon
    Charles Wee
    Cheng Chee Chwe
    Christina Quah
    Chung Suat Luan
    Daniel Tan
    Dolly Lim
    Dora Lim
    Douglas Chan
    Eileen Tan
    Erlich Howe
    Frisna Tan
    Gabriella Chua
    Gabriella Chua
    Ho Soo Boi
    Hoong Choong Kee
    Howe Teow Khoon
    Huang Choon Swee
    Jean Lim
    John Chua
    John Sheng
    Jonathan Ong
    Josephine Ong
    Judy Lim
    Kristy Quek
    Kwie Siew Wah
    Lee HC
    Lee Li Yong
    Lim Jiu Wah
    Lim Lye Peng
    Lina Ng
    Loh Yoke Chan
    Lydia Poh
    Marg
    Marie Chong
    Marlene Yap
    Melissa Khng
    Michael Tan
    Ng Chow Mui O M M
    Ng How
    Norlinda b Mohamed Ali
    Ong L K
    Ong Lee Tong
    Ong LK
    Pearl Wong
    Peggy Low
    Peter Seow
    Philip Tan
    Poh A H
    Quah Phaik Hua
    Sally Tan
    Sandirasekaran
    Seah Lily
    Seah Mui Yong
    Sherry Wong
    Siong Bin Choo
    Steve Seah
    Susan Tan
    Tan Chui Geok
    Teo Mui Lan
    Theresa Seow
    Tian Lay Hoon
    Victor Chok
    Wong Yik Hong
    Yee Wai Kheng
    Yeo Khoon Kee
    Yeow Ting Fook
    Yoon Chin

    Thank you all donors, You are recognised as founders of this startup fund.

    Terence Seah

    1. Here is a record on the donations to our sHc start up fund. we have crossed our target of SGD 6000. A few donors are not recognised as members, Pkse contact 9489 4360 for your names to be identified,

      Aaron
      Agnes Seow
      Anne Lee
      Beatrice Yip
      Bobby Tan
      Catherine Ho
      Catherine Soon
      Charles Wee
      Cheng Chee Chwe
      Christina Quah
      Chung Suat Luan
      Daniel Tan
      Dolly Lim
      Dora Lim
      Douglas Chan
      Eileen Tan
      Erlich Howe
      Frisna Tan
      Gabriella Chua
      Ho Soo Boi
      Hoong Choong Kee
      Howe Teow Khoon
      Huang Choon Swee
      Jean Lim
      John Chua
      John Sheng
      Jonathan Ong
      Josephine Ong
      Judy Lim
      Kristy Quek
      Kwie Siew Wah
      Lee HC
      Lee Li Yong
      Lim Jiu Wah
      Lim Lye Peng
      Lina Ng
      Loh Yoke Chan
      Lydia Poh
      Marg
      Marie Chong
      Marlene Yap
      Melissa Khng
      Michael Tan
      Ng Chow Mui O M M
      Ng How
      Norlinda b Mohamed Ali
      Ong L K
      Ong Lee Tong
      Pearl Wong
      Peggy Low
      Peter Seow
      Philip Tan
      Poh A H
      Quah Phaik Hua
      Sally Tan
      Sandirasekaran
      Seah Lily
      Seah Mui Yong
      Sherry Wong
      Siong Bin Choo
      Steve Seah
      Susan Tan
      Tan Chui Geok
      Teo Mui Lan
      Theresa Seow
      Tian Lay Hoon
      Victor Chok
      Wong Yik Hong
      Yee Wai Kheng
      Yeo Khoon Kee
      Yeow Ting Fook
      Yoon Chin

      Thank you all donors. Duplicate names removed.

      Terence Seah

    2. Pse contact 9489 4360 for your names to be identified,

      Aaron
      Agnes Seow
      Anne Lee
      Beatrice Yip
      Bobby Tan
      Catherine Ho
      Catherine Soon
      Charles Wee
      Cheng Chee Chwe
      Christina Quah
      Chung Suat Luan
      Daniel Tan
      Dolly Lim
      Dora Lim
      Douglas Chan
      Eileen Tan
      Erlich Howe
      Frisna Tan
      Gabriella Chua
      Ho Soo Boi
      Hoong Choong Kee
      Howe Teow Khoon
      Huang Choon Swee
      Jean Lim
      John Chua
      John Sheng
      Jonathan Ong
      Josephine Ong
      Judy Lim
      Kristy Quek
      Kwie Siew Wah
      Lee HC
      Lee Li Yong
      Lim Jiu Wah
      Lim Lye Peng
      Lina Ng
      Loh Yoke Chan
      Lydia Poh
      Marg
      Marie Chong
      Marlene Yap
      Melissa Khng
      Michael Tan
      Ng Chow Mui O M M
      Ng How
      Norlinda b Mohamed Ali
      Ong L K
      Ong Lee Tong
      Ong LK
      Pearl Wong
      Peggy Low
      Peter Seow
      Philip Tan
      Poh A H
      Quah Phaik Hua
      Sally Tan
      Sandirasekaran
      Seah Lily
      Seah Mui Yong
      Sherry Wong
      Siong Bin Choo
      Steve Seah
      Susan Tan
      Tan Chui Geok
      Teo Mui Lan
      Theresa Seow
      Tian Lay Hoon
      Victor Chok
      Wong Yik Hong
      Yee Wai Kheng
      Yeo Khoon Kee
      Yeow Ting Fook
      Yoon Chin

      Thank you all donors. Duplicate names anended. Anonymous, if you wish, plse identify yourselves.

      Terence Seah

        1. Hi Diana,
          Much regret that your name was not being added on our initial list. I have whatapps you directly to liaise with you.. Please refer to my watapp msg to you and get back to me so that this issue can be resolved soonest possible. Rest assured that no name will be left out in our final list. Your kind understanding would be much appreciated…. DollyL

  6. As of 7 Oct, Club start up fund stands at $2570. All donations are acknowledged when received.

    Kindly note donors will be published, except for the amount.

    1. As of 6 Oct morning, our SHC start up fund us now $1470.

      Plse donate any amount. No amount is too small.

      All donations are acknowledged when received within 24 hrs.

      Terence Seah

  7. Donations to our startup fund are already streaming in. An update on collections will be made in about a week.

    Donations will be announced and acknowledged.

  8. Oct is SHC 16th anniversary.

    This Oct will also be raising fund to our start up fund which will be used for SHC operating expenses.

    Contributions are voluntary and any amount. Pls trf by paylah or paynow to my tel 9489 4360.

    Plse indicate your name or anonymous.

    Terence Seah

  9. In the last 6 months, we had discussed various ideas on how we see in the SHC 5-10 years, the programs and the funds requiredd

    Key programs include:
    1. Membership drive
    2. Anniversary activities
    3. Managing operating costs

    We currently have no funds and organisers lose money organising events. SHC is unable to pay for club expenses, and I should no longer continue paying to club costs, after 15 years.

    As such, we are organising a members donation. We have no history. I am therefore going to start a donation drive, the funds to be managed by the SHC. treasurer.

    In the coming session, we shall

    1. Look for a Treasurer. We shall designated bank account.
    2. The target donation shall be $6000. Members contribute as per their wish. There is no fee or subscription. Members choose to have their name recorded or unrecorded.

    Terence Seah

  10. Thanks for the link, Sally. Finished digesting it. Something to say.
    I don’t know whether I should be posting this, in the wake of Terence’s “foot for thought” update in another post. I guess I have to, for Silver Hair sake. Take care Terence. Trust the doctors’ professional advice.

    About the meeting yesterday. Here we go again. It is always fun to have a casual chat after dinner. Every one supports the good intention of a proposal (who wouldn’t when you simply say yes?) But when it comes to the approach and implementation of the “noble task”, it is a different matter. Action not talk only. .
    Where is the money collector? Where is that potential treasurer looking after the kitty?

    Personally, I think we should not be collecting and keeping money if we are not a registered Club or Society.

    Critical path analysis tells us to think of the worst case analysis for any project. Allow me to be the alarmist, the pessimist or kiasooist. When dealing with public money, there are three ways :
    1. Obey all laws and legislation faithfully. No deviation.
    2. Disregard the laws blatantly. We are above any law.
    3. Try to skit on the fringe of the law. When found to have breached any law, rule or regulation, be prepared with good reasons to justify ourselves, and hopefully the authority will be supportive, empathetic and sympathetic after listening to us. After all we are doing it for a “good cause”.

    I guess we are opting the third approach so let us do it. But where is that confident person, otherwise known as the fund-coordinator? Don’t be shy. Stop looking at each other

    DC

  11. Can I suggest that we have a membership listing Open to Members? This is one question I heard a few times but no one can answer. This info is helpful if we want to attract corporate interest in SHC.

    1. DennisH, In the past, we had wanted to create a membership list with minimal contact details. An objection came up, as members were receiving spams and product sales.

      Sure, llet’s hear ideas.

      Terence Seah

  12. Preparing SHC for another 5-10 years.

    SHC started in 2005, and has held on to one objective – to provide a platform for members to meet and find new friends. Sames rules apply.

    Over the years, senior members know we had open opportinities for keen members to take over the leadership for the next 5-10 years. From recent feedback and surveys, two main reasons for not being successful. First, maybe the responsibities are too broad.

    Second, the club is voluntary and has no funds.

    Surveys conducted early this year indicate most members want the club to remain status quo. In other words, we remain a voluntary entity, unregistered but still keep within the laws of Singapore. I support this position too.

    It is important for progress that I take a back step. To spread the work, an admin committee will be formed this year. If you wish to join the Admin committee, start by joining as an activity EO. Spread the msg around. I am always on the lookout.

    Secondly, members will notice I am pushing to have a significant working fund in the Club. We had brainstorm session 1, conducted by John Chua, to find out what new ideas see for the future . Many of the suggestions give us an idea of members exoectations over the next 5-10 years. And with these info, we have an idea what kind of funds we need.

    I too have my ideas on the next 5-10 years. Members have discussed. Live recordings of discussions are available. Some feedback are available on this forum too.

    Potential donors or members wishing to run for Club leadership, plse participate.

    This Sunday 11 Jul, 7pm (1 hr), I shall hold a chat with members. Lets discuss what we want for the future. This is on starting a fund for SHC to tie us over the next 5-10 years . Pls see the videos and surveys first to get a background. Feel free to ask me any questions. I shall answer to the best of my vision.

    Basic guidelines:
    1. SHC shall remain free or subscription free, lifetime as announced in 2005.
    2. We shall remain a voluntary social club.
    3. Any funds donated by members shall be at donors’ discretion, from zero to something.
    4. As to what the funds will be used for, a bit of chicken and egg situation at this stage. We may collect 100 in donations, 50,000 or zero. To last us 5-10 years.
    4. Funds will not be credited into my name. Terms, controls and usage will be set by the SHC Admin committee.

    All members are welcome. To participate, plse ensure you receive a membership verification from 94894360.

    Terence Seah

  13. Thank you Sally. I finished watching the video late last night. Too late to reply then.

    Howard, I did not hear you when you said, “long time no see” at the beginning. My apology. Sorry because headset was not on. Yes long time no see. Weekdays not free leh. Can only join weekends lah. By the way, noted your “share screen” proposal – only person who did homework before the meeting. Appreciate.
    We could have discussed/debated more on it. Maybe next session.
    Till we meet again, take care.

    DC

  14. My session 2 contribution thoughts

    My Funding ideas :
    Should take care of the operation cost/debt first as priority before other tasks for payment :
    1.workpress fee to waive off as operation cost
    2.zoom meeting fee to waive off as operation cost asap

    1.Donation box & paylah apk
    2.Minimum 5k per annual (my estimate for low cost club operation)
    3.selling of shc bages – 34pcs $5 bcz enhance the ideas of the batch…eg wire holder, key chain etc (i will take the first task for funding causes)
    4. Ask for sponsorship from shc member then sell it to gain cash. Eg Member donate token to member as donation project.
    5. Offer from member of club house activities for free. (discuss before)
    6. Facilities swimming, tennis and karaoke for free. (discuss before)

    How to Raise Money for Fundraising Ideas

    1. Start a Crowdfunding Campaign
    raise money with crowdfunding thru paylah/paynow.

    2. Find a Sponsor

    3. Host a Fundraising Event

    4. Exhibition — Show off your skills to a crowd of visitors. Demonstrate what you are doing in training and games. It might even move some to join your team.
    5.Bake sale — Have team members or their family contribute cakes and other baked goods, then sell them piece by piece for a profit.
    6. Car wash — can cooperate with local carwashes and sell tickets to their business. Many will be happy to share the profit.

    7. Fundraising walk — Team members find sponsors who agree to donate a set amount of money for a certain distance they will run. Best if you have active runners among you.

    8.Hi tea Party

    9. Offer Lessons
    to use the skills you are learning anyway by passing them on to others. Teaching is a valid option to get paid and there are always people willing to learn.

  15. My contribution for the recent zoom meeting :

    Session 1 :
    Q1.What are the big ticket activities or ideas,
    Activities -due to new normal – wait and see ?

    1.Traveling tour – ,
    2.monthly event@kopitiam and
    3.D&D
    Additional :
    4.Plus a small scale like one night in batam (2d1n) or festival night etc
    5.Birthday day month celebration – tea party.

    Q2.you, as a member, expect or hope to see within the next 5-10 years.
    Year 1:
    See more member to come forward to host
    Train and create more EO for leverage activities
    New member from 40 yr old onward
    Year 2:
    – Enhance the several committee into self monitoring skill.
    – Create a SOP procedure for the club to run if any changes need to amend.

    Year 3:
    – Flexibility for new program
    – Renew of committee members
    – Nomination of new members for take over duties

    Year 4:
    – Increase of fund, reduce of operation cost and re funding to provide more features
    – Ready for next stage of Club running format or style.

    Year 5:
    – Finalise and reflect the 4 years club activities
    – Re appoint for committee role and responsibilities

    More Year 10:
    -Self sufficient to run a club with automation on mobile apk
    -Member can independently create activites to cater themselves with much EO support.

    -Replacement of old blood

  16. The last brainstorm session for members to feedback what they would like to see in the club for the next 5-10 years was conducted over zoom a d recorded. Other ideas were received on whatsapp or the Club forum.

    For those who had not send in their feedback, we take itthat you prefer status quo.

    Today’s recording will be available coming Wednesday.

    We will review all feedback and compute a number to be raised as funds for the next 5-10 years. This will be session 2. “How we shall raise this fund.

    A few clear points.
    1. There will be no fees or subscriptions. Membership will continue to be free.
    2. No donations from organisations or non members.
    3. As discussed in succession feedback, the club will remain a social virtual entity.

    Session 2 will be announced in 2 weeks

    Terence Seah

  17. There are 2 sessions on this topic.

    Session 1 covers the club operations over the next 5-10 years. What kind of activitiea, big ticket events, structural changes are you expecting? Think membership drives.

    Date:Sun 4Jul at 3pm one hour. Live recording.

    Feedback channels includr Whatsapp, our forum website.

    Plse think long terms 5 – 10 years.

    Session 2 identifies the budget and how we can raise this budget.

    Step by step Session 1 first.

    Terence Seah

  18. Another good example, years back, I (as EO) organized an IT talk (for SHCians) in a condo facility space. Not counting my taxi fares to bring the monitor, computer, etc. (at my costs), I still need to pay the condo management a small rental fee (I think about $15). There were about 20 of us in the gathering, I explained and go round to collect $1 each (at random) until exactly $15 and stop there. This prevented me to hv the headache of holding a balance of $5.

    No record made and event went on smoothly and everyone is happy.

  19. From Nomari Lee

    It will b tough to collect fees s many will not agree n u r right once u collect fees it’s subject to legal regulations n someone has to keep accounts etc etc . Then u hv to appoint committee members to b nominated at a proper meeting like a condo management council (mcst) since they will b entrusted w
    Money n r answerable to not just members but all members n r hv legal responsibilites. Eg we hv read of temples committee members who cheated on donations . N will they work for free or charge a fee ? Rather complicated . What’s wrong w staying s is ? events that involve having to spend money n those who want to join just share costs . Clean n simple . Y give ourselves so much trouble . ? We r Silver hairs – enjoy last part of our lives n hv fun no need all these hassles . Just my 2 cents worth

  20. From Bobby Yee:

    First there MUST be a BUDGET. What is the amount of $ per year are we looking at? We can do away with forming an entity by describing any monies from anyone as contributions. Example, a friend used to have a boat. So weekends we go out to sea. Those who go contribute to the petrol etc. it is ad hoc and no records are kept. Very small group. For SHC, even if 10% will be in the 100s. So look like need an organization. This means, registration with ROS. Get approval for constitution etc. Then proper records git to kept. Then AGM etc.

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