[sac-board] Re: SAC Budget 2002

  • From: "Peggy Kain" <pegsi@xxxxxxxxxxxx>
  • To: <sac-board@xxxxxxxxxxxxx>
  • Date: Wed, 6 Mar 2002 23:52:21 -0700

please correct  . . . all but  ONE  item has been sold from the Discovery
Store.

----- Original Message -----
From: Peggy Kain <pegsi@xxxxxxxxxxxx>
To: <sac-board@xxxxxxxxxxxxx>
Sent: Wednesday, March 06, 2002 11:49 PM
Subject: Re: [sac-board] Re: SAC Budget 2002


> Jack Jones stated:
>
>   . . . the telescope parts do not 'go to the grants'. They are mostly
club
> assets.
>
> Telescope parts from the Holmquist collection and the Discovery Store DO
go
> to the grants and scholarships fund. These collections were acquired on
the
> basis of providing scholarships from the sale of optics, hardware, and
> telescopes.  Telescopes were to be constructed from available parts and
used
> at star parties or sold with the proceeds used for scholarships.   I
inform
> the Holmquist family on a regular basis as to the disposition of the
parts.
> I am in the process of preparing an updated report for  the Holmquist
> family.  All but item of the Discovery Store donation has been sold and
the
> funds are available for scholarships.
>
> All donations to the club should be inventoried immediately upon receipt
of
> the goods and a copy of the inventory should be made available to all
> members.  The Schwarr collection needs to be in a written inventory form
in
> the same manner as the Holmquist collection.   The disposition of the
> Schwarr collection as club assets or as part of the scholarships and
grants
> fund has yet to be determined.
>
> As soon as I complete my audit of the SAC treasury, I want to provide
> guidelines for the scholarships and grants fund.  This action will provide
a
> set of parameters for future donations disposition of the assets and for
> investment and general dispersement of funds.  In addition, guidelines
will
> be needed for recruitment and selection of  scholarship candidates. Ideas
in
> this regard would be greatly appreciated.
>
> We need to think in terms of encouraging future astronomers,
> astrophysicists, aerospace engineers and related fields into the
> astronomical community.
>
> Thanks and enjoy the weekend at Sentinel.
>
> Peggy Kain, Chairman
> Scholarships and Grants Fund
>
>
>
>
>


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