[IMC-Finance] current balance / process question

toya@riseup toya at riseup.net
Sat Feb 28 09:50:41 PST 2009


Hi I would like to include on the discussion that during the request
from guatemale done by timo, I think they never set up a deadline for
it, I asked about it here:

http://lists.indymedia.org/pipermail/imc-finance/2008-October/1008-5i.html

Because I wanted to  suggest, if the deadline had passed, then we should
send the money since no one spoke against it..

It would be good to also create some kind of template to help other
collectives build a proposal for imc finance. This to include on Amy's
suggestion of a better process. I think if you have a template sample
like that it would help collectives who never used this fund to be using
it.

As for Sheri's observation about how many imcs doesn't know how much is
in the fund etc. I am always telling people from other imcs in latin
america about this fund but some still want to leave it for their 'last
option', like imc-rosario for instance. They have come to me with
questions about the global fund a couple of time already and I have told
them that they should send a proposal to it - they need help to keep a
space they have and in another occasion to help out pay medical bills
for an indymedia volunteer who was beat up by a cop in argentina.

They know about the fund, they know they can request it anytime but even
though they always prefer to try something out themselves locally - like
parties etc. To avoid using the global money.

This is just some feedback from offlist conversations I have with other
imc's about the global fund.

bye,
Toya


Sheri Herndon wrote:
>
> Hello,
>
> I completely agree with Amy's perspective and suggestions.  The
> process has gotten a bit lax, even if functional, and if there are
> funds that have not been disbursed and we have over 50K in the bank
> account, then i would love to make sure that we are being more
> diligent in terms of following through in a timely manner. 
>
> Another suggestion that has been made and requested before and is not
> too much to request given that out of the funds that go into UCIMC's
> bank account, they take out an administrative fee (which is very low
> compared to the 501c3 norm for such a service), is that the UCIMC
> finance person send out in some reasonable interval (4 times a year) a
> report identifying all grants/funds/donations that have come in and
> all disbursements made.  If UCIMC is using any kind of basic finance
> software, this should be a piece of cake. 
>
> In the past, there were a few occasions, where this list learned of a
> major donation (20K?) a few months after it had come in and it was
> only after asking.  We all realize that we're volunteers, busy, the
> world is in crisis, etc., so the lag time is understandable, but
> perhaps it would be better to set an intention to share this
> information on a more timely basis.
>
> Also, another recommendation which is only one that has been made
> before is that there are likely IMCs out there who could really
> benefit from a smaller disbursement of 500.  But they do not even know
> this money exists, etc.  I once wrote a grant with the help of another
> person and we called it the Global South Fund.  Timo has received
> funds from this as have others.  We distributed small micro grants to
> IMCs primarily in the global south (gosh we need a new reference name
> for parts of our world)....I would like to suggest that we could
> leverage some of the funds in this account.  Imc Brasil has been very
> good about making use of these funds for GREAT reasons, but could this
> network leverage these funds more effectively?
>
> Sheri
>
>
> On Sat Feb 28 6:26 , "Amy L. Dalton" sent:
>
>     hi everyone,
>
>     I had some questions about a few emails that came thru the list
>     awhile back.
>
>     First, i am on this list on behalf of the philly imc collective. the
>     philly imc has not met recently about global business, but is
>     active in
>     editorial labor. i send periodic updates to keep people in the
>     loop as
>     this list. Please consider us connected and supportive of the
>     imc-finance process.
>
>     I want to say thank you to everyone for the participation and
>     work, and
>     I want to ask two questions.
>
>     (1) to follow up from this note:
>     http://lists.indymedia.org/pipermail/imc-finance/2009-January/0129-z8.html
>     <parse.pl?redirect=http%3A%2F%2Flists.indymedia.org%2Fpipermail%2Fimc-finance%2F2009-January%2F0129-z8.html>
>     I am concerned to learn that as of this writing the funds approved
>     for
>     guatemala CMI were never disbursed. has this been addressed since
>     timo
>     wrote? i would like to request that someone from urbana champaign
>     report
>     back on this.
>
>     (2) second and related, i feel we need to become more systematic
>     about
>     closing the decisionmaking period and moving forward with fund
>     disbursement. in the last few emails as well as in the past, i
>     observe
>     that it seems to be difficult for those of us who do not have
>     access to
>     the bank account to figure out how to do this. could we agree upon
>     and
>     document a protocol for this? here are some thoughts toward such a
>     protocol:
>
>     In this note, jason give us information on how to contact him,
>     which is
>     clearly the responsibility of the group requesting funds:
>     http://lists.indymedia.org/pipermail/imc-finance/2009-February/0206-jj.html
>     <parse.pl?redirect=http%3A%2F%2Flists.indymedia.org%2Fpipermail%2Fimc-finance%2F2009-February%2F0206-jj.html>
>
>     as far as i can see it we need something on both ends of this step --
>     before it, we need someone to announce that a decision period is
>     completed. after this, we need the disbursement to happen and we need
>     someone to report back to us on the status of a disbursement. Does
>     this
>     sound right?
>
>     if so, i propose that the first task be taken on by the list
>     moderator.
>     i am not certain who this is. according to the list info page, the
>     moderator's email is imc-finance-owner at lists.indymedia.org i would
>     propose that it makes sense for someone outside of
>     urbana-champaign to
>     be the list moderator. i also propose that it would be good if we
>     knew
>     who this person was. all this would need to be figured out.
>
>     the second task, as jason clarifies, must be done by the group
>     requesting the disbursement.
>
>     the last two steps, i propose, must be done by the treasurer of
>     urbana
>     champaign (currently Jason). i would like to emphasize that i
>     think not
>     only the disbursement, but the repeorting back on the
>     disbursement, are
>     both necessarily the task of the treasurer.
>
>     please respond to these ideas and send any revisions or concerns. i
>     would like to close by again thanking everyone for their labor.
>
>     best,
>     amy
>
>
>     > Hi Mark and everyone else.
>     > To answer your question about Guatemala. No. The
>     > approved project funds were never disbursed.
>     > Best,
>     > Timo
>     >
>     >
>     > Hola a Todo Mundo,
>     > Para contestar sobre la pregunta de Guatemala. No.
>     > Los fondos aprobados para el proyecto del FSA nunca
>     > fueron entregados.
>     >
>     > Abrazos,
>     > Timo
>     >
>     > --- mark burdett wrote:
>     >
>     >> Hi, according to what UC IMC sent me, the current
>     >> global indymedia
>     >> account balance is $65,493.72
>     >>
>     >> 2008 activity was:
>     >> -$7,460 disbursements
>     >> $20,000 donation received
>     >> -$1,000 fiscal sponsorship fee
>     >>
>     >> --mark B.
>     >>
>     >> > mark burdett wrote:
>     >> > > Hi, by the way, could we get an update on the
>     >> current status of the
>     >> > > global fund? presumably there are plenty of
>     >> funds in it but there
>     >> > > hasn't been much traffic on this list lately.
>     >> e.g. I never heard if
>     >> > > funds were sent to CMI Guatemala last fall. The
>     >> last balance report i
>     >> > > found was a year ago:
>     >> > >
>     >>
>     > http://lists.indymedia.org/pipermail/imc-finance/2008-January/thread.html
>     <parse.pl?redirect=http%3A%2F%2Flists.indymedia.org%2Fpipermail%2Fimc-finance%2F2008-January%2Fthread.html>
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>     >> http://docs.indymedia.org/view/Global/ImcFinance
>     <parse.pl?redirect=http%3A%2F%2Fdocs.indymedia.org%2Fview%2FGlobal%2FImcFinance>
>     >>
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