500 Fundraising Club

For more details email Paul Craker on paulcraker@live.com

With the money we have raised has
enabled us to purchase a new painting of
Prince Michael of Kent for the Centre

Download

Shares Application Form for 2016/2017

Bankers Standing Order

WESTERN HOUSE 500 CLUB

Aims
To provide a trust fund to raise monies to maintain and improve facilities at Western House for the benefit and comfort of all members who currently use the centre. The monies will be used for such cases which are not currently budgeted for by the centre in general.

Officers/Trustees
The club will have a Chairman, Treasurer and a Secretary. Representatives or Publicity Reps, the number to be determined and what exactly would be required of them. It is hoped that each Lodge/Chapter based at the centre would appoint a representative to promote the aims of the club.

Number and dates of draws
It is proposed that there be three draws per annum. The first to take place at the end of May, the second in September and the third in December. The timing of the first draw would give a four month window to sell shares for the first and subsequent years, as shares could still be sold up to a week before the first draw of the year takes place. The draws would take place publically in the bar at the centre, and overseen by two independent adjudicators, one preferably being a member of the Centre Committee.

Number of shares
The name 500 club does not relate to the number of shares which can be allocated by the Club. There will be no limit on the number of shares which can be issued.

Cost of shares
It is proposed that the cost of each share is to be £20 per annum. There will be no limit on the number of shares held by any individual. Shares can be purchased by members for their family and friends as long as they are over the age of 16.

Allocation of funds collected
50% of all monies raised by share sales will be placed in the prize fund. The remaining 50% less expenses such as stationary, advertising, postage etc, will be placed in a fund to be used as stated in the aims.

Prize breakdown
The number and amounts of prizes will be published one week before the first draw of the year.

Promotion of the club
It would be very useful for the club to have a designated area in the bar to place a well designed laminated poster of A3 size, or larger, which would promote the club and could be updated with total prize monies on a regular basis. Application forms for shares would also be readily available in the bar area.

Purchase of shares
Application forms along with cheques to be sent to the Treasurer or Secretary who would allocate share numbers accordingly. Forms and cheques or cash could be taken by the bar and an official receipt for the money would be provided. Forms and money received at the bar will be collected by designated Trustees and would have to be signed for accordingly. In future years it is hoped that shareholders would purchase shares annually by standing order.

Accounts and allocation of trust funds
Accounts would be prepared on an annual basis. The allocation of funds would be decided by the club.

Bank Account
A bank account will be opened and any cheques issued would require two authorised signatories.

Application for registration.
The Club is registered with the Local Authority.

Club Rules
A list of club rules should be available for all shareholders and based simply on the above.