|Funding projects?||<– Date –> <– Thread –>|
|From: S. Kashdan (skashdanscn.org)|
|Date: Tue, 5 Nov 2002 11:49:02 -0700 (MST)|
Hi fellow cohousers, Thank you all for your valuable ideas and suggestions for dealing with leftover contingency funds. I have shared all of the messages related to the topic (and some of those indirectly related too) with everyone at Jackson Place, and a number of members have expressed their appreciation for the wealth of information and ideas provided. And, now, we would appreciate it if you could help us a little more. We will especially appreciate responses from folks living in communities that have been around for a while and have gone through some exploring and experimenting with these issues. We are hoping to benefit from your most current knowledge because we are a little tired right now, and we don't want to just repeat mistakes that others have gone through already. I have checked the archives, and copied some relevant things, but we are also hoping for current knowledge and reflections. We as a group are exploring our process for funding projects in the future when we no longer have a pot of money hanging around. We think that it will help clarify what we do with that pot if we also know how we will raise money in the future. So, here are some additional questions we are hoping for responses to: 1) If we assess members through the condo association for a capital improvement that we have agreed to, can we exempt any households that have agreed not to block but have stated that they cannot afford their "share?" 2) If we have a fundraiser to voluntarily fund a project, can we funnel that money into the condo association without tax consequences? Or is there a better method for collecting these funds? 3) If we keep funds out of the condo association because of tax consequences, how should we deal with liability for contractor accidents and such? We heard through the grapevine that another cohousing group had this problem but we are very shy on the details. 4) How do other cohousing groups raise money for optional projects (i.e. not replacement reserves)? Sylvie Kashdan skashdan [at] scn.org Jackson Place Cohousing 800 Hiawatha Place South Seattle, WA 98144 www.seattlecohousing.org where we have one new baby member, just had a successful benefit dinner for an organization that helps foster children, are enjoying our common meals and gardens, working on trying to soundproof our dining room, thinking about paving our court yard, and enjoying the fall weather. _______________________________________________ Cohousing-L mailing list Cohousing-L [at] cohousing.org Unsubscribe and other info: http://www.communityforum.net/mailman/listinfo/cohousing-l
Results generated by Tiger Technologies Web hosting using MHonArc.