Register | username: pw: 
Attackpoint - performance and training tools for orienteering athletes

Training Log Archive: barb

In the 7 days ending Oct 22:

activity # timemileskm+m
  Bicycling3 1:23:00
  Orienteering1 20:00
  Total3 1:43:00

» now

Thursday Oct 20 #


Ethan got his first thank-you card today. From the entire 8th grade class at a local middle school, for taking them all orienteering.

Tuesday Oct 18 #

Bicycling 24:00 [2]

Monday Oct 17 #


I've been working on understanding how the endowment works.
Here's where I am so far:

The Fund returns 4% of total assets to OUSA each year.

My current impression is that the funds OUSA has transferred to the endowment are composed of (1) direct donations to the endowment, and (2) life memberships. The latter is "board-designated", and typically (in other organizations) those funds can be retrieved later -- the organization is just using the endowment as a place to stash long-term investments, and have the endowment people manage the money. One example, not really relevant for us, is if you know you are going to do a capital project in the future. However, I don't see any language in our policies or the Fund bylaws saying that we can get that board designated money back out later.

OUSA keeps separate track of OUSA board designated endowment funds vs donor-restricted endowment funds. However, the Fund doesn't track these. I'm seeing differences between the Fund version of total assets and OUSA's version of total endowment assets. (Why?) The fiscal year is different for the two organizations, so I'm referring to the 6/30 OUSA financial statements to compare to the annual Fund reports.

Where are the 2014 and 2015 Fund annual reports?

Bicycling 24:00 [3]

Sunday Oct 16 #

Bicycling 35:00 [3]

With bike trailer to Danehy for our 2nd Nav Games event. More people came this time, but it was still sparsely attended.

Orienteering 20:00 [2]

With Aya

« Earlier | Later »