The committee of Rowley Hill club have decided we need to reform the ‘welfare fund’ to the modern needs of the club. All extra monies earned by the club shall in future be referred to as ‘savings’. In essence this changes nothing but a name. Why do we need to do this? Because we as a committee have inherited this name which has actually changed quite a lot over the years and in its original purpose is now defunct and has no place in our modern world.
History of the Welfare Fund:
It is obvious that these rules came into being at a very difficult time in history! World War two was four months from coming to an end and Social Services wasn’t even a dream. Times were extremely hard.
We have come a long way since 1945, and as time went on the welfare fund has been used to take members and their families on trips to the seaside etc.
If we now come to the club rules of 2022 for the welfare fund:
Club Rules RE: Welfare Fund 2022
- The Committee shall form a sub-committee of not less than three persons to administer the Welfare Fund of which at least one must be a Club Trustee
- Funds to be kept in a separate bank account
- Funds not to be used for normal day-to-day expenditure of the Club
- Fund to be used exclusively for the benefit of Members as decided by majority of the subcommittee and approved by majority of the full Committee.
However, a discretionary safety net of up to £2000 may be used by the Treasurer if necessary.
So what do we want to do specifically, to change these club rules?
The name needs to change just simply to Savings account!
The original Welfare Fund was in a saving account separate to any other monies. When we took the government loan at the end of Covid that was also put into the same account as the Welfare Fund. Therefore all the funds in the account, are as one amount, not split between Welfare and Loan. We still need to safeguard the monies in there so payments from that account should be agreed by a majority committee decision. And any large expenditure will still be put forward to the trustees for approval.