Colonial Place/Riverview Civic League
Holiday Party At This Month's Meeting
NEXT BOARD MEETING will be Monday, December 20, 2010, at 7:00 pm.
DEADLINE for the January issue is Friday, December 17, 2010.
THIS MONTH'S MEETING AGENDA:   Holiday Party
As you may have heard, there has been some discussion concerning the installation of a dog park specially for small dogs within the existing dog park on Delaware Avenue. The installation of additional fencing is in the works. During this discussion several issues were raised, which will need to be addressed by our leadership within the Colonial Place – Riverview Civic League.
The CPRV Civic League Annual Holiday Social will be held at ForKids, 4200 Colley Ave, on Monday December, 13, at 7:00 p.m. Last year, CPRV Civic League’s donations helped ForKids. This year – more than ever – they need our support. Please bring an unwrapped gift or gift card to the CPRV Civic League’s Annual Holiday Social. Financial contributions are also welcome. For wish list suggestions, visit the ForKids website at www.homesforkids.org.
When you’re a homeless child, Christmas is just another day on the calendar. Last Christmas, Danielle, a sweet-faced, brown-eyed 5th grader, had nowhere to call home. This year, she has a warm bed, food on the table and fresh hope in her heart, thanks largely to the support of “ForKids,” a regional organization that’s devoted to helping children without homes. And yet, Danielle is just one of the 7,700 children who will become homeless this year in Hampton Roads.
ForKids starts with the emergent needs of food and shelter, and also provides children with tutoring, mentoring and loving guidance, striving to meet both the immediate need, and help solve the underlying problems that lead to homelessness.
ForKids began in 1988 as a soup kitchen in Ocean View’s Holy Trinity Church and has grown each year. Today, they’re able to help about 250 families each day in Hampton Roads.
Meeting was over at 8:25 pm.
Plan now to attend your CPRV civic league in the New Year.
January 10, 2011
If you would like to suggest a speaker or program, please contact me at 416-7480.
As the calendar year comes to a close, it seems like a good time to report to the residents on the state of the League treasury and assess our financial health. There are two components which comprise our financial assets: a checking account and an interest-bearing Certificate of Deposit. Both accounts are placed with the Bank of the Commonwealth. The checking account is used for the budgeted receipts and expenditures of the operating funds of the League. The long term rainy day assets of the league are held in the CD. The current checking account balance is $1,129.18; the CD balance is $5,122.29.
Some residents may wonder how this strategy evolved. That explanation requires a brief history lesson. About 20 years ago, the League treasury balance was dangerously low, and projected membership dues receipts would be insufficient to continue League business, most notably the publishing of the Community News. At that time, advertising was not accepted. Local realtor and friend of the League, Nancy Chandler, recognized our predicament, and made a very generous donation to the League. This donation permitted the league to continue operations and distribution of the Community News. Subsequently, it was decided to accept advertising, and that revenue has permitted the newsletter to be self-supporting ever since. With a sizable checking account balance, the League membership decided to place a portion of that balance in a CD. In addition to a modest return in interest, these funds would be held in reserve in the event of another treasury crisis.
Some residents may also wonder if such a financial crisis could recur. Some wonder if it is truly necessary to retain such a large balance in reserve. That explanation requires some numbers. By far, the largest League expenditure is publishing the Community News. This costs, on average, $125.00 per page per month. Advertising revenue covers the cost of all pages, including the extra pages required by that advertising. However, the current and projected economic downturn raises the real possibility of advertisers withdrawing their support. While unlikely, if all advertisers were to abandon us, we would still wish to publish the Community News, even if only one page. If that were to happen, the treasury would have a financial obligation of at least $125 per month. Membership dues alone might just cover this expense, but more likely we would see a net loss to the treasury every month. It is for just such a contingency that we retain reserve funds in the CD.
The Board will continue to monitor closely the League’s financial health and, if necessary, will bring proposed corrective measures before the Membership for discussion and vote.
REACH is looking to area businesses, faith communities, families and individuals to adopt “Reading Angels” for the winter holidays. Like so many, we are experiencing a financial crisis and with that a “book crisis.” REACH provides weekly reading programs at local homeless and domestic violence shelters in Chesapeake, Norfolk, Portsmouth, Suffolk and Virginia Beach. Our outreach has grown to include 12 programs and since our inception in 1998, we have served more than 8,000 children and given away tens of thousands of books. We will open our thirteenth program in 2011 and happy to share that all of our reading teams are as strong as ever. In 2010, we are facing down a $12,000 financial shortfall, which sounds quite small for an organization, but we are a staff of two running 12 shelter programs every week, quarterly education programs and providing books to over 100 community organizations working to assist our area’s most disadvantaged children. You can see how far we stretch those dollars and will remain strong until the economy recovers, but would be grateful for any assistance you can offer, so we can continue our book giveaway program.
At the conclusion of each shelter reading program, each child receives two brand new, age-appropriate books of their choosing to keep and take with them upon exiting the shelter. We want kids in shelters to have something shiny and new to keep as their own, as well as a library for the family to keep to build their family’s literacy and break the cycle of poverty that consumes so many.
Please us know if you or your organization might be interested in the 2010 “Reading Angel” Program. If you cannot assist, but know of a book seller or business interested, please pass along and we can coordinate and schedule with them.
COMMUNITY NEWS is produced by:
The Colonial Place/Riverview Civic League
P.O. Box 6130
Norfolk, VA 23508
Deadline for articles and advertising is the third Friday of the month
Community News Editor:   Blair Barbieri
Newsletter Advertising Chair: James Gregg
Community News Distribution:   Mary Hormell, Phone 627-2392
CPRV Web Page: www.cprv.org