CoDA Financial Guidelines & More

 
From: "[list_settings.list_name]" <codalist@codependents.org>
Subject: CoDA Financial Guidelines & More
Date: June 22nd 2016


This is a resending of an email that originally went out on 11/14/14

The contents of this email are from the CoDA Finance Committee, finance@coda.org

The following "Commonly Asked Questions" (in the "Meeting Handbook"- formerly the "Meeting Starter Packet") were passed at the 2014 CoDA Service Conference

What is a "prudent reserve," and what do we do with excess moneys collected?

A "prudent reserve" consists of two or three months' worth of group expenses. Group expenses include items such as rent, supplies, refreshments, and Conference Endorsed literature. The prudent reserve is intended to cover expenses in the event that the group has unusually low attendance or donations. It is suggested that, at least quarterly, groups determine if there are excess funds left after the reserve amount is satisfied and a group may then decide by group conscience to make a Seventh Tradition donation to the CoDA entities that support the meeting.

Each Group needs to decide for themselves.  
___% to your local intergroup
___% to your Voting Entity
___% to Co-Dependents Anonymous, Inc.
___% to another CoDA project or program

Some examples are:      
40-50% to your local intergroup
20-30% to your Voting Entity
25-35% to Co-Dependents Anonymous, Inc.

(if you have no intergroup)
65-75% to your Voting Entity
25-35% to Co-Dependents Anonymous, Inc.

(Motion 14038)  (A graphic displaying these examples is a part of the printable copy linked below)  

Is There A Limit to The Amount an Individual May Donate to CoDA?

Pursuant to the Seventh Tradition, for donations to individual groups, Intergroups, and Voting Entities Service bodies, the value for donated cash, goods, or professional services rendered by a member, is suggested not to exceed $3,000 USD (three thousand dollars) or equivalent per year. That limit is raised to $6,000 USD (six thousand dollars) or equivalent per year for Co-Dependents Anonymous, Inc. in accordance with the larger scale of operation.  Such donations may not be allocated/designated for any specific purpose.
(Motion 14040)

Can people leave money to CoDA Inc. in their wills?

Bequests in wills are acceptable only from CoDA members, with a maximum of $8,000 from any one person, and only on a onetime basis—not in perpetuity.
(Motion 14037)

What is Gratitude Month all about?

In gratitude to our Higher Power and to Co-Dependents Anonymous, Inc. (CoDA), the 2014 CoDA Service Conference (CSC) has designated November as a time for individuals, local meetings, Intergroups and Voting Entities to give thanks for how CoDA has helped them to live life.  CSC suggests that groups at all levels sponsor Gratitude Month by sending donations to the CoDA entities of their choice and/or by donating additional service to the CoDA entity of  their choice.
(Motion 14111)



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