Our projects and how we will fund them.
The IMPFT have had their bid to the Members’ Community Bids Panel
approved for the sum of £5k.
This is going towards the Inkpen Woodland Play Area. It's great
news! And, many thanks to all who have worked so hard for this
especially our ward member, James Cole.
We are thrilled to announce we have now raised just over £200,000
towards our £245,000 target. We are hugely grateful for a
wonderful fund raising event held at Kirby House which raised over
£40,000. Huge thanks go to Katherine Astor for hosting this event
and to all those who contributed generously in so many ways.
Fundraising for the pavilion and woodland playground is going
well with just over £200,000 raised so far, towards our overall
target of £245,000. A vital element in the fundraising is a
matched grant of £65,000 from Greenham Trust. This has to be
donated via The Good Exchange.
We need another £45,000 worth of donations to reach our target. If
you can help with this, please go to http://tiny.cc/impft .
We also have a few grant applications pending and a number of
planned fundraising events. If you would like to receive the IMPFT
Newsletter which is emailed monthly, please contact:
clairejonesIMPT@gmail.com
Note: The fundraising account should not be confused with the
IMPFT account. It is completely separate. The fundraising account
is where funds are held specifically for the pavilion renovations
and the woodland walk. If these do not occur, the monies will have
to be returned to the donors.
To see how our aims for the updating and improvement of the Memorial Playing Field fit in with the founding objectives of the trust, we thought you might like to see the appropriate extract from the 1952 trust deed. Just click here.
The accounts summary for 2017/2018 can be found here **.
** It is important when reading the accounts summary to understand
the funding model that the IMPFT uses. Whilst we do charge for
organised events at the IMPFT, that charge rarely represents the
cost of these user activities to the charity. A good example is
the Cricket club where the cost to the charity for facilities was
£2042 whilst the income over the year was £150. Similar
disparities apply to Tennis where the cost of maintaining the
all-weather hard surface far exceeds the annual income from
tennis. Maintenance or replacement occurs more frequently than the
fees can cover.
Our mandate is to encourage recreation, both physical and mental.
Clearly the annual running costs for the IMPFT exceed the event
income for the period, and that has historically been the case. To
work-the-problem we, the trustees put our efforts into accessing
grants - both local and national. In this way, residents retain
access to the facilities at a fraction of the actual cost, or in
the case of the children's play area and woodland walk, at no cost
at all. The low cost is an encouragement for Inkpen residents to
use the IMPFT facilities.
In this way, we retain the charitable purpose of the IMPFT.
Charging the real cost would simply stifle use, and the charity
would surely collapse.
If you ask "What do the IMPFT trustees actually do", the answer is
that they continually raise funds through grants to keep the
Memorial Playing Field alive, and long may that continue.