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fap [2018/03/03 04:34] – created jeffjohnvolfap [2019/08/28 17:31] (current) admin
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-====== Chatt*lab Funds Allocation Process (FAP) ====== +====== Chatt*lab Special Project Funding (SPF) ====== 
  
 February 20, 2018 - The board of directors of Chatt*lab is pleased to announce a new program that allows Chatt*lab members the ability to nominate projects to fund from allocated membership dues.  Since we are in the black and starting to accrue extra income through our membership contributions, we are adopting a program where members can optionally allocate a small portion of their membership towards projects that the members promote to the group. February 20, 2018 - The board of directors of Chatt*lab is pleased to announce a new program that allows Chatt*lab members the ability to nominate projects to fund from allocated membership dues.  Since we are in the black and starting to accrue extra income through our membership contributions, we are adopting a program where members can optionally allocate a small portion of their membership towards projects that the members promote to the group.
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   * Rolls of PLA for Prusa printer   * Rolls of PLA for Prusa printer
  
-==== How it works ====+=====  How it works  ===== 
  
 === Project Nomination.===   === Project Nomination.===  
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 A member can suggest a project to the group via the email list providing the following information: A member can suggest a project to the group via the email list providing the following information:
  
-**Project description:** (e.g. “A bike repair station”) +  - **Project description:** (e.g. “A bike repair station”) 
- +  **Proposed budget amount** with a breakdown of costs.  The member can propose a basic amount and a “reach” amount, which can cover a basic solution, and the ultimate solution. 
-**Proposed budget amount** with a breakdown of costs.  The member can propose a basic amount and a “reach” amount, which can cover a basic solution, and the ultimate solution. +  **A deadline to receive funds by**.  The project has to be funded by this target date. 
- +  **A list of other member sponsors and perhaps a project team.**  Basically, who is going to see this through and implement it. 
-**A deadline to receive funds by**.  The project has to be funded by this target date. +  
- +
-**A list of other member sponsors and perhaps a project team.**  Basically, who is going to see this through and implement it. +
 === Group Discussion. ===   === Group Discussion. ===  
  
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 This program is subject to review on a monthly basis and can be eliminated if it is determined that we don’t have the funds to continue it due to any unexpected club costs, or changes in club revenue due to membership reduction. This program is subject to review on a monthly basis and can be eliminated if it is determined that we don’t have the funds to continue it due to any unexpected club costs, or changes in club revenue due to membership reduction.
  
 +=====  Current Projects  =====
  
 +At this time, there are currently no nominated or approved projects.