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WHO Fund management - Small changes afoot and some opinions/suggestions Required
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- Posts: 629
- Old WHO Number: 210923
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WHO Fund management - Small changes afoot and some opinions/suggestions Required
WHO Family, After 7 years of efficient and dedicated service, Charley would like to step down as the keeper of the funds. The suggestion is that we switch roles and I keep the funds but he provides the 'overwatch' to ensure I don’t do a Frankie Marathon flit with your hard earned. What will not change Flowers and Wreaths - Will continue WHO loans and purchases for those in need - Will continue with us both having to be in agreement before any money is releases. What we would like your opinion/Insight on How we receive funds Now: Go Fund me is an excellent, easily viewed, easily Escrow but each contribution they take a cost of 2.5% + 25p per transaction. Alternative: We publish account details and you pay the money directly in How we store the funds. Now: Pete uses an account in his name, I have an online savings account dormant and can use that as a clean space to easily show money in and money out, from where and current balance. Advantage low admin and will earn us some interest, disadvantage it is MY account and I can, at any time run off with your money. (But I will send Screen shots to Pete monthly and post on here quarterly. Alternative: Explore a joint access non-profit account set up in WHOS name. Advantage: Joint access and viewing more oversight and single points of abuse, Disadvantage: I suspect this will incur fees but will find out for sure. WHO Doomsday plan We know that there are discussions ongoing about the server and are both of the personal opinion that the fund could be used to update a site admin and give it a performance lift. If the opposite ever happens and the site collapses without trace, we will take the fund amount and equally divide between the Bobby Moore Fund and the "Dylan Tombides DT38" publishing out proof on our own social media and to those that now us.
Re: WHO Fund management - Small changes afoot and some opinions/suggestions Required
Oh yeah and GoFundme is a ripoff, that dormant account sounds a good idea.
Re: WHO Fund management - Small changes afoot and some opinions/suggestions Required
It's not the server per se, that's the problem, it's bandwidth and bandwidth costs money, it's why the site comes to a grinding halt on matchdays when you get more than a few people on here.
Re: WHO Fund management - Small changes afoot and some opinions/suggestions Required
How we receive funds Scrap Go Fund Me and pay direct into an account using sort code and account no. How we store the funds. Use the dormant savings account- you come across as extremely trustworthy WHO Doomsday plan If possible, keep the format and change the server. Mike Oxsaw has offered a platform to test this out on the other thread
Re: WHO Fund management - Small changes afoot and some opinions/suggestions Required
Sounds good to me lads. I'd be all in favour of using some of the funds to update the site, so that it doesn't go into meltdown when 2 people try and post at the same time during a game. However, leave the WHO clock alone! Keep up the good work.
Re: WHO Fund management - Small changes afoot and some opinions/suggestions Required
Can't we escrow into Frankie's marathon fund? Must be getting low on funds by now?
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- Posts: 629
- Old WHO Number: 210923
- Has liked: 48 times
- Been liked: 39 times
Re: WHO Fund management - Small changes afoot and some opinions/suggestions Required
LT, Thanks that means a lot to both of us. The one responsibility we find difficult is WHO fund loans and purchases Charley would like a third person involved in that and account updates and reviews just in case one of us is ever ill or there is an emergency. I think he is probably right but if there are no volunteers we will go on as we are. The other how to admin stuff just hoping to gauge opinion or get insights into others experiences.
- Lee Trundle
- Posts: 3085
- Old WHO Number: 33318
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Re: WHO Fund management - Small changes afoot and some opinions/suggestions Required
Personally, I see you the most trustworthy to do this kind of thing, MPI.