VII EXPENDITURE AND FUNDS
22. No sums voted towards any of the objects referred to in Rule 3 shall be paid out of the invested capital of the Club unless the proposition so states and at least two-thirds of Members present and voting at a General Meeting so resolve. 23. The Committee may at its discretion apply in any one year such sum or sums not exceeding an amount equivalent to 2% of the market value of the Club’s investments at the preceding 31st December as published in the Club’s Annual Accounts in total to the objects referred to in Rule 3(b) and (c) as it shall think fit. Such expenditure shall be notified to the membership at each Annual General Meeting.
24. The general funds of the Club shall from time to time be invested as the Committee shall think fit.”
Schedule 2 Capital Grants made since 1995
1. Each year from 1995 to 2003: £500
To the OA Football Club To the OA Football Club
2. 2004 3. 2006 4. 2007
£1,100 £10,000 £4,800
For the start up of the Trevor Bailey Fund
For the acquisition by the College of “The Magnificent Entertainment”, a work by Thomas Dekker (c1572 to 1632) relating Edward Alleyn’s welcome to James I upon his accession to the English crown For display cases for the College’s collection of VCs and GCs
5. 2008 6. 2008 7. 2009
£3,878 £20,000 £24,841
For the College Development Fund
Representing all but £159 of David De Stefano’s legacy to the Club, which it transferred to the OA Endowment Fund Being the balance of the legacy, for the David De Stefano plaque For the acquisition of display boards for the mounting of art and other work in the South Cloisters on Founder’s Day For a Book of Remembrance for OAs who lost their lives in the two World Wars and more recent conflicts
8. 2010 9. 2011
£159 £846
10. 2011
£2,663
11. 2013 12. 2013
£40,000 £2,063
For the College’s Laboratory appeal
For the acquisition of Shackleton Memorabilia (various papers written by Shackleton and now in the College archive) For the acquisition of Gilligan Memorabilia (various papers belonging to F.W. Gilligan and now in the archive) For the RAF Memorial (a plaque for OAs killed in the Battle of Britain)
13. 2013
£272
14. 2013 15. 2014 16. 2015
£259
£1,363 £30,000
For the TJ Walsh bust
To the Hollington Club, for improvement works to the Hollington Club’s premises
17. 2015
£2,000
For the CW Field portrait
Note: since 2004 grants to the OA Football Club have been made from revenue.
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