[Cynnabar] BoC - Settlement funding discussion

Tue Feb 7 17:42:28 UTC 2012

In the immortal words of Aramis, ³Is life worth so many questions?² Give em
the $1200 and be done.

It may be only virtual coffee, but like everything with the Cynnabar colors,
it¹s good and strong.

Daibhid

From: Cynnabar Seneschal <boc.seneschal at gmail.com>
Date: Tue, 7 Feb 2012 11:15:31 -0500
To: <barony at cynnabar.org>
Subject: [Cynnabar] BoC - Settlement funding discussion

Greetings unto the members of Cynnabar.

As I¹m sure most, if not all, of you are aware, there has been a settlement
of the lawsuit against the SCA finally. In the end, in order to meet with
the settlement, the SCA Inc. is requiring all Kingdoms to contribute 18% of
their cash assets. This goes down to the individual group (shire, barony)
level. So Cynnabar must contribute 18% of our cash assets to Kingdom which
will contribute it to the Society level. This must be done by this weekend
(2/11/12) and we will be planning on handing a check at Val Day directly to
the Kingdom Exchequer.

As far as what is our cash assets, it is only our checking account that
falls into that category, so it makes calculations easy (we have no CDs or
any other liquid assets to worry about). Now, here comes the fun partŠ

The 18% calculation is based on the 2010 Doomsday. Our 12/31/2010 balance is
$1840.36 which 18% is $331.26.
However our 2011 balance as of 12/31/2011 is $6447.15, which 18% is $1160.49
So our required obligation is only $331.26.

First, the question of should Cynnabar contribute more to help the Kingdom
and SCA in this settlement case?  There are some things to keep in mind when
considering this:
-          This is a (hopefully) one time situation and the decision must be
made before this weekend. We do not have any meetings before hand so all
discussions will be done on-line or in individual phone calls.

-          We have already budgeted $600 to Kingdom (for the shade fly and
travel funds). This was done before the settlement announcement. So we are
already have funds earmarked for Kingdom.

-          If we contribute more than the 18%, how much more should we?

Second, some individuals have also expressed interest in contributing to the
settlement funds. There is an investigation going on right now as the best
way to make that happen. As soon as there is more information on how this
can happen, we¹ll let people know.

I feel that we should try to keep these transactions as simple as possible.
Therefore I suggest that:
1.       We determine what amount we will contribute to the settlement by
this weekend and that¹s what we send as far as monies that go directly to
the settlement.

2.       Individual contributions to the settlement should be made directly
to Kingdom/SCA (method TBD).

3.       Any fundraisers or means to replenish the funds will be done as
³normal² Baronial fundraisers and not tied into the settlement. We can
always know why we are doing the fundraiser, but it keeps the records and
financial books a lot cleaner. We can always tithe these monies directly to
the Kingdom later to help replenish our Kingdom¹s coffers.

I think that if we follow the above three guidelines, it will keep things
clean and straightforward.

Now, onto the big discussion. How much should we contribute to the
settlement? The base 18% of our 2010 numbers ($331.26), or more?

In my opinion, I feel if we contribute the 18% of our 2011 budget
($1160.49), it is more accurate to what the Barony can support to Kingdom
and gives more than what is minimally required.

I know that there are some that will feel that we should only give the
required amount and others that feel we should help out as much as we can.
There will not be 100% agreement on this. But I¹m hoping that the clear
majority of people will let it be known how the Barony should help out.

All feedback is needed and appreciated. If you feel like you need to express
your opinion in person rather than to the group list, feel free to e-mail or
call me (before 10:PM) at any time at 610-564-2249.

For more details on the lawsuit, the settlement, and the financial impact
this has had on the SCA, please see:
http://sca.org/BOD/announcements/settlement.html

Thanks,

Finn
Seneschal, Cynnabar

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