This message is from: "Catherine lassesen" <[EMAIL PROTECTED]>
Carol, Again I will try to reply to your questions. 1. Will the books be open to NFHR members. I am assuming you are referring to the financial books since your second question is on finance. The financial situation of the Foundation must be made public by law. To have a NFHR member go over the computer programs is not likely. but donors have the right to know where the money is being spent on. And thus end of the year financial statements will be available to donors (remember NFHR members are different than donors) and the public per US law. (I am not the legal advisor here, so I do not know what our legal requirement is in this aspect.) 2. Will there be a financial statement published yearly, or is the Foundation not obligated to do this by virtue of being a private group? -- We are not required to publish in the Fjord Herald. The Foundation is obligated to report annual to the major donors and to the US government. If we can make arrangements for the FH to be an outlet we may publish there. We are discussing now which means for us to take. 3. Will the NFHR membership know how much money is in the foundation and what it's currently being spent on? This question is answered above. Financial statements are required by law. 4. You say money will be available for research pertaining to the Fjordhorse. -- Can you tell us if there's some specific type of research in mind? - Carol, now you are putting the cart before the horse. Funds are needed prior to giving any money to research. GRANTS will be given once funding is available. A GRANT must be applied for. There are rules and regulations as to grants and the application for and the receiving of. It really depends on the schools and the researchers. It also depends on what is going on at the time we have the funds available. Do you have an Issue you want researched? If so tell the Foundation. We cannot issue a grant until funding is in place. So it is a catch 22. 5. *** When the last Herald's article mentioned one of the goals being Marketing, I naturally thought it meant . . marketing Fjordhorses, meaning advertising. -- You say it means "marketing the Foundation". -- Fine! But, I think that marketing anything to do with Fjordhorses will attract people interested in owning a Fjordhrose, and I'm wondering how those inquiries might be handled. As secretary of the Foundation, If and when I receive an inquiry for the Fjord horse in general that person will be referred to NFHR and NHFR will send out the informational packet to that person. Where the Foundation can come in handy (I mention can because funding is the main key to any project.) , is that the Foundation can provide the NFHR with GRANTS to publish an educational printed material that can go into the packet that NFHR gives out. Thus is a long and round about way the Foundation is marketing. but not really. Again, there are rules and regulations and laws that govern Foundations. Of course if anyone asks the Foundation, a Foundation brochure will be sent also. (Please do not ask for one yet, we are developing it and waiting for funding to publish it.) Not one Trustee is benefiting from the Foundation. No one is being PAID, all staff is volunteer. We are not out to market our horses. NONE of us have that in mind. We want to see the Fjord world expand and do more. A Foundation is one tool to do just that. We are looking globally not locally. 6. If the Fjord Foundation is an organization that is going to promote and protect, and do good things for the Fjordhorse, then, of course, I'm all for it. -- I've asked these questions because Beaver Dam Farm is in the business of Fjordhorses. We have a full-time staff, and those people as well as Arthur and I make our living breeding, training, importing, buying, and selling Fjordhorses. -- All of us here have a need to know what's happening in the Fjord world, and rightly or wrongly, I did not feel that the two articles published in the Herald contained enough information for us to form a considered opinion on the Fjord Foundation. Carol, what can I say? I am an amateur writer. I am a professional horse woman. I try hard when sending articles into the Fjord Herald to be accurate and tell as much as I can in the limited words that we have to send in an article. Very large books are written on Foundations. There is no way I can cover the entire subject in articles. We have to assume that the reader knows something about Foundation and in particular equine Foundations. Your best bet is to look at the other equine Foundations in this world. APHA, AQHA, US Equestrians, Vaulting, every college and university has a Foundation. Look to them and get to know what a Foundation is. Then it may help you in understanding why. The Foundation & our Trustees have nothing to hide. We are trying to disseminate information to as many Fjord owners as possible as soon as possible within our budget and means. Our budget relies on gifts made to the Foundation. If we do not receive gifts, then we cannot do much. Yes, you are in business and you and Arthur must make decisions that benefit you and Arthur. Business' like yours can work with the Foundation Trustees and give gifts that would allow the business name to be part of a program thus placing your business name in the forefront of a project. For example: (This is another organization that I work with. )"The Susan Kendall Clay Scholarship", this is a scholarship funding by a family for a college student to attend a national convention every other year. Named after a special lady and the scholarship endowment was paid for entirely by her family. ($30,000.00) The money is invested and the dividends and interest from these funds are given in a form of a scholarship every 2 years to a college student that must apply for the scholarship. This is one example of how a Foundation can work with a donor to create a program that meets the need of the donor and meets the need of the Foundation. Carol, If you and Arthur have more questions about you & your business personally making a difference. Then a Trustee can contact you in person to discuss the many options there are. Please enjoy the day and hug your famous stallion. Catherine Lassesen Foundation Secretary