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<\/p>\n
We can carry on as we have done for the last 15 years.<\/p>\n
A common question which members asked is how much do we have under the pillow. My answer is Zero.<\/p>\n
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.<\/p>\n
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.<\/p>\n
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.<\/p>\n
To start the process, I like to initiate 2 brainstorms sessions. Members get to voice your opinion and suggestion.<\/p>\n
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.<\/p>\n
Session 2 – We should then determine a budget as our aim for a fund. Here, we brainstorm how can go about setting a fund.<\/p>\n
Both sessions are recorded, for members update.<\/p>\n
You can also participate in this topic in SilverHairsClub.com forum.<\/p>\n
Terence Seah<\/p>\n