A change in our structure...but no change to our purpose
You may have noticed that we have not sent out our annual $20 subscription notice. This is because we are proposing to change how FOBC is structured. We will preserve our charitable status but will form a new trust which will be managed by appointed Trustees. As an incorporated society, on an annual basis we were required to hold a AGM and elect people to specific positions. To be a member of FOBC required the payment of an annual sub.
The sending out of notices, collecting membership subscriptions, and recording who had paid and who had not, required an onerous amount of administration time. Furthermore, only paid up members could vote at the annual AGM.
Under the proposed structure, we will encourage supporters of FOBC to make a tax deductible donation, as an alternative to an annual subscription.
We are hoping that the change in structure will not have a material impact on the monies kindly donated to FOBC to continue with the site restoration.
We are in the process of applying for a new trust structure. Once this has been completed, we will be required to hold a Special General Meeting to vote to wind up Friends of Bullock Creek Incorporated, and transfer all monies and assets to the Friends of Bullock Creek Trust.
We will be holding a Special General Meeting of all FOBC Inc., members on Saturday 11 November 4:30PM at the Bullock Creek Wetlands. Formal notification of the Special General Meeting will be circulated by email to all members and also advertised in the local papers. Mark the date in your calendar.
If you have any questions or concerns about this change in structure please contact Roger Gardiner, FOBC Secretary 021 117 7220