D&C GLug - Home Page

[ Date Index ] [ Thread Index ] [ <= Previous by date / thread ] [ Next by date / thread => ]

[LUG]Re: Lug funds was Re: Re: Domain and Website

 

Dear Paul and Julian and all,

I agree with Paul that Julian's idea is a good one. Having over my long
life set up various community groups/clubs, I am aware that to get a
group bank account like this needs several things in place:

1) Need a legally constituted association.

2) A legally constituted association requires at least two officers as
Treasurer and Chair. Other officers such as a couple of assistant
Treasurers can then be added to that.

3) The association needs a (preferably simple) Constitution.

4) The Association need to have members, which might just be anyone who
subscribes.

5) We need to find a bank willing to give free banking to community
associations. Some do and some don't.

The Constitution needs some vital components:

a) Description with aims and objectives
b) Definition of Officers of Committee
c) Definition of modes of membership
d) declaration of being in perpetuity
e) description of how the association might be wound up and funds
distributed.

I hope this helps.

Helen McCall

On Sat, 11 Oct 2025 19:03:45 +0100
Paul Sutton via list <list@xxxxxxxxxxxxx> wrote:

> Hi All
> 
> Just trying to tie up a loose end from a while back.
> 
> I just wondered if anyone had any thoughts to this idea from Julian.
> I think it may be a good way to raise funds to cover costs of
> hosting, or at least help to.  But longer term it puts some funds in
> a pot for if we ever want to do an install fest and or  face to face
> meet up, it could help cover room hire and any other costs.
> 
> The latter is clearly some way off,  but I think if we want to ensure
> we have solid infrastructure,
> 
> Regards
> 
> Paul
> 
>   Might I suggest an
> > intermediary of sorts, such as a bank account in the DC GLUG name
> > with access restricted to maybe three people and registration paid
> > from it? Possibly linked to a non-personal postal address ' DC
> > GLUG, PO Box XXXXX' to which more than one person has access? That
> > way if there is a problem for one person another can resolve it.
> > 
> > Kind regards,
> > 
> > Julian  

-- 
The Mailing List for the Devon & Cornwall LUG
FAQ: https://www.dcglug.org.uk/faq/