[NCSG-FC] Opening a bank account

[Thato Mfikwe]

Hi Stephanie,

I just saw your statement on the mailing list regarding the bank account as
follows:


" I am happy to sign a letter that acknowledges my accountability for any
funds that I will deposit on behalf of NCSG, and any payments will of
course be made only with the consent of the NCSG-EC; the Finance Committee
canbe cc'd on those if that is a function that you wish to commence doing
(oversight, not approval). "

1. If my memory serves me well, the last time NCSG FC discussed the bank
account there was no way forward, not sure how this decision was reached
because the FC was yet to investigate and discuss the matter before any
action taken according to your comments during an online meeting and on the
mailing list, correct me if I am mistaken, maybe I am losing something here.

2. What provoked this action from your side?

3. Please kindly clarify what you mean by oversight not approval? Are you
referring to the FC and/or the PC of NCSG? If any, please also carefully
review section 2.6 of NCSG charter because the charter is the guiding
document of NCSG activities and committees, thanks.

Thato Mfikwe.

On Mon, Jan 14, 2019 at 11:23 PM Stephanie Perrin <
stephanie.perrin at mail.utoronto.ca> wrote:

> As promised, I have opened a bank account for NCSG under my name at the
> Royal Bank of Canada, Pakenham Ontario Branch.  I have named Tamir Israel
> of CIPPIC as an "or" cosigner, which means either one can sign a cheque.
> This will of course only be used if I get hit by a bus, which is a really
> bad joke in Ottawa these days because we just had a dreadful bus crash
> which killed three people.  (proving that even old expressions like that
> one have meaning.)
>
> The account is free, because I am a senior, and I can write cheques or do
> e-transfers with it.  I think it is all we need for now, but if someone
> like PIR wants to write us a cheque, they have to write it to me on behalf
> of NCSG so that I can deposit it.  I think we are stuck with that reality
> until we create an entity.  Even a non-incorporated ngo would have to have
> a business number, which has tax implications, so this is our best
> solution.  I will forward the bank details, transit numbers etc. as soon as
> these numbers are available online.  I am happy to sign a letter that
> acknowledges my accountability for any funds that I will deposit on behalf
> of NCSG, and any payments will of course be made only with the consent of
> the NCSG-EC; the Finance Committee canbe cc'd on those if that is a
> function that you wish to commence doing (oversight, not approval).
>
> I am happy to discuss any aspects of this either on the list or on our
> next call.  Advice from Milton, who has so ably managed our money in NCUC
> for many years, would be most welcome.
>
> Cheers Stephanie
> _______________________________________________
> NCSG-FC mailing list
> NCSG-FC at lists.ncsg.is
> https://lists.ncsg.is/mailman/listinfo/ncsg-fc
>
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