ECF Finance Council Meeting April 2017

[benedgell]

You're not missing much.

[John Reyes]

20 members and 10 board members in the meeting

[benedgell]

The proposal regarding getting rid of game fee has been modified but passed. Now the fee for anyone playing more then 3 games is the same as Bronze membership.

[benedgell]

The proposal from the BCF meeting about the JRYT passed. 14 for, 8 against.

[benedgell]

Chess Trust to receive big bequest from Richard Haddrell (apologies if I've mis-spelt his surname).

[benedgell]

No real progress with the proposed London Mindsports centre. Go group concerned about lack of ECF enthusiasm.

[benedgell]

Lots of discussion about the relocation of Office/ Chess Library.

[IanCalvert]

Benedgell, thanks very much for your posts: chess24 is down!

[benedgell]

Accounts should be brought up to date in next couple of months.

[Chris Fegan]

Accounts should be brought up to date in next couple of months.

So what is the point of the Finance Council meeting then?
You couldn't really make this up-new Director of Finance please asap

[Roger de Coverly]

The proposal from the BCF meeting about the JRYT passed. 14 for, 8 against.

This is what it said

The British Chess Federation Council recommends to the Trustees of the John Robinson Youth Trust that:
(a) The Trustees give due consideration to requests for funding for junior chess made by the English Chess Federation; and
(b) When determining whether such requests should be accepted, they are prepared to make payments by way of grant out of the capital of the Trust Fund and do not limit the acceptance of such requests to such amounts as can be funded out of the income received by the Trust Fund.

The argument advanced by David Sedgwick and others that John Robinson himself both in his lifetime and his will didn't voice any restrictions on the use of his legacy other than supporting the British Championships appears to have been accepted.

[Kevin Thurlow]

"The British Chess Federation Council recommends to the Trustees of the John Robinson Youth Trust that:
(a) The Trustees give due consideration to requests for funding for junior chess made by the English Chess Federation; and
(b) When determining whether such requests should be accepted, they are prepared to make payments by way of grant out of the capital of the Trust Fund and do not limit the acceptance of such requests to such amounts as can be funded out of the income received by the Trust Fund."

And the trustees can just say "no". It is their job to decide, of course.

[Roger de Coverly]

And the trustees can just say "no". It is their job to decide, of course.

They can, but with a suitable majority the BCF Council comprising Union and County representatives can dismiss them and replace them with candidates more in tune with the wishes of the ECF.

[benedgell]

Budget & membership fees passed, 4 against.

[benedgell]

OMOV discussed. Now card vote being counted.