[Imc-finance] Proposal to Reimburse Pablo (IMC Sao Paolo) (was: Accounting to an IMC Brasil funding request made on January, 2003

Wed Jun 25 17:55:51 PDT 2003

Hi Luis and everyone,

WOW!  Luis, this is really impressive on all fronts.  Even if a few months behind, it's really great to see it all on paper and see the accounting and what was left over.  I think you all are setting a really powerful precedent and thanks for doing it so well! 

PROPOSAL TO REIMBURSE PABLO ORTELLADO (IMC SAO PAOLO)

Summary:  Use funds currently in the bank in Brasil to reimburse Pablo $50 for his meeting with IMC Colombia in May.  

Pablo made an emergency request to this list back in May when he was going to rearrange his travel plans in order to go to Bogota to meet with the IMC Colombia collective.  Pablo from Argentina and myself were both there and supported him making that request.  There was never a response to that request.  

Are there any concerns about using the funds that they have in the bank in Brasil to reimburse Pablo for $50?  If there are no concerns within the next 72 hours, can you distribute those funds to Pablo before returning the funds to global?

Thanks again Luis for all the work that went into the accounting and to make the wsf events happen!

sheri
seattle imc
(non liaison)

>Hello,
>
>I should have sent this message months ago, but unfortunately I have 
>been
>quite busy with college and work and haven't been able to conciliate 
>those
>two things with Indymedia. So, all I can say is that I'm really sorry 
>for
>the delay and that I hope people won't look at that as a general lack of
>responsibility from IMC Brasil.
>
>This e-mail should account for the donation made from the IMC-Finance
>working group to IMC Brasil in January, 2003. A summary of this request
>can be found here:
>http://lists.indymedia.org/pipermail/imc-finance/2003-January/001695.
>html
>
>And the complete request can be found here:
>http://lists.indymedia.org/mailman/public/imc-finance/2003-January/
>001666.html
>
>I will divide this message in three parts: "Request A", "Request B" and
>"Fund raising at the World Social Forum".
>
>In sum, we received:
> - from Request A (support for the IMC Brasil meeting and the WSF 
>coverage):
>            US$3,630 (or R$12,087.90)
>- from Request B (video projector for the Rio de Janeiro collective):
>            US$860 (or R$2,863.80)
>- from fund raising during the WSF itself:
>            US$998.92 (or R$3,326.43)
>
>The exchange rate at the time of the donation and fund raising was 
>R$3.33
>per dollar. Today, the exchange rate is R$2,86 per dollar. Through this
>message I will use only the exchange rate from January (R$3.33 per 
>dollar)
>since it will give a more accurate idea of what we received and what we
>spent.
>
>________________________________________
>
>Request A:
>
>The funds requested by the IMC Brasil Network were received and spent as
>follows.
>
>
>1. Transportation:
>    o RECEIVED: US$400
>    o SPENT:
>        - by the Belo Horizonte collective: US$51
>        - by the Rio de Janeiro collective: US$174.18
>        - by the Fortaleza collective: R$162.17
>
>        TOTAL SPENT: US$387.35
>
>    o LEFT: US$12.65
>
>
>2. Feeding:
>    o RECEIVED: US$170
>    o SPENT:
>        - by the Belo Horizonte collective: US$30
>        - by the Goiânia collective: US$49.55
>        - by the Fortaleza collective: US$49.55
>
>        TOTAL SPENT: US$129.10
>
>    o LEFT: US$40.90
>
>
>3. Housing:
>    o RECEIVED: US$1,500
>    o SPENT:
>        - Part of the rent of the 'casa de Indymedia': US$1,500
>
>
>4. Working space:
>    o RECEIVED: US$1,410
>    o SPENT:
>        - Internet connection: US$142.64
>        - Computers rent: US$945.95
>        - Cables and other minor equipments: US$50.78
>
>        TOTAL SPENT: US$1,139.37
>
>    o LEFT: US$270.63
>
>
>5. Emergency Fund:
>    o RECEIVED: US$150
>    o SPENT:
>        - Bank Tax ("CPMF"): US$16.82
>        - Money not received due to the difference in the exchange rate 
>from
>the date the proposal was written to the date the funds were sent to us:
>            - For housing: US$1.50
>            - To buy the video projector ("Request B"): US$40.90
>
>        TOTAL SPENT: US$59.22
>
>    o LEFT: US$90.78
>
>
>"REQUEST A" TOTALS:
>    o TOTAL SPENT: US$3,215.04 (or R$10,706.08)
>    o TOTAL LEFT: US$414.96 (or R$1,381.82)
>
>________________________________________
>
>Request B:
>
>The Rio de Janeiro collective requested funds to buy a video projector. 
>Due
>to the difference in the dollar quotation from the day the request was 
>made
>to the day the funds were sent, the sum received in reais was as little 
>bit
>less than what we asked for. Between January 3rd and January 15th, 
>dollar
>devaluated R$0,17 and because of that, the collective received R$136.20 
>less
>than expected. Since we had included an Emergency Fund on "Request A" 
>and
>since the video projector did not become any cheaper (it still costed 
>about
>R$3,000 or US$900), we thought it would be a good idea to use part of 
>this
>Emergency Fund to make it up for those R$136 the collective did not 
>receive.
>Even then, most of this Fund was left untouched (as you can see above).
>
>So, the Rio de Janeiro collective received:
>    - from Request B: US$860
>    - from Request A's Emergency Fund: US$40.91
>
>    TOTAL: US$900.91 (or R$3,000)
>
>________________________________________
>
>Fund raising at the WSF:
>
>Through fund raising we were able to collect US$998.93 (or R$3,326.43). 
>Most
>of this sum came from foreigner IMCistas who paid a symbolic fee (US$2-3
>per day) to stay at the 'casa de Indymedia'.
>
>Part of this money was spent as follows.
>
>SPENT:
>    o Rest of the rent paid to the landlord: US$450.45
>    o Gas for the building: US$8.11
>    o Telephone line for the building: US$30.03
>    o Indymedia press cards: US$21.62
>    o Other minor expenses: US$42.65
>
>    TOTAL SPENT: US$552.86
>
>LEFT: US$446.07 (or R$1.485,41)
>
>________________________________________
>
>So, summing up what was left from Request A and what was left from the 
>fund
>raising, we have:
>
>    - TOTAL LEFT: R$2,867.23
>
>At the time the calculations above were made, at a exchange rate of 
>R$3.33
>per dollar, this sum was worth about US$861. But since then, the dollar 
>has
>been steadily devaluating. As I said, today the exchange rate is R$2,86 
>per
>dollar. So, this same sum now is worth about US$1,002.53.
>
>This money is still on a bank account here in Brasil and in name of the 
>IMC
>Brasil Network I would like to return it to the global fund to be once 
>again
>disbursed by the IMC-Finance working group.
>
>We thank you all for the support and we hope that we have spent this 
>money
>according to the expectations of those who supported our request.
>
>In solidarity,
>Luis,
>CMI Belo Horizonte, Brasil.
>
>_______________________________________________
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>Imc-finance at lists.indymedia.org
>http://lists.indymedia.org/mailman/listinfo
>Summary Page: http://docs.indymedia.org/twiki/bin/view/Global/ImcFinance
>