Page 8 - BOSS Today Issue 44

BOSS Today #44 NEWS

BOSS CHARITY

WINS BY LOSING

he BOSS Business Supplies Charity custodians – the Trustees are very wary
Thad a very successful year in 2018 about eroding this capital, as Chapman
– by making a loss of £9,000. explains: “Year on year, dividends from
“This may seem odd, but we are our capital fund provide us with the
celebrating!” explained the Charity’s majority of our income, and – while
Chairman, Graeme Chapman MBE, “We we are willing to dig a little into this if
exist to help industry colleagues in needed, as we have done this year – it
need, and the more we give away, the is important that the Trustees safeguard
more good we know we are doing.” it so as to ensure that dividend
Indeed, 99% of the Charity’s payments will continue to provide
expenditure in 2018 was grants to income long term into the future.”
beneficiaries, and these amounted The rest of the Charity’s income in
to over £65,000, an increase of 2018 came from key fundraising events
£8,800 on the previous year. In all, such as the Golf Day and the BOSS
as many as 176 grants were paid in Awards Dinner, as well as generous
2018, up 12 on the previous year. donations from the BOSS Regions,
One reason for this, says Chapman, the Climb of Life, the Society of Old
has been getting the message out: “We Friends, Fellowes and Bic, as well as
now have a marketing team dedicated some private donations and bequests.
to actively spreading the word about However, overall, these accounted
who we are and what we do, and we for a lesser share of income in 2018,
have also had great support from the as Chapman points out, “We have
industry, the BOSS Federation and been finding it harder to raise money
trade press. We don’t want anyone through fundraising: we know that
in the industry not to know that times are tough for many individuals
there is help at hand if they – or and companies, but we are committed
their former colleagues – need it.” to encouraging everyone to support
Nearly 60% of the Charity’s income the Charity wherever and whenever
now comes from dividends from its they can, because, one day, it could
capital funds, but – like any good be you who needs that help!”

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