[Oe List ...] Order Funds

[W. J.]

I like Jack's reference to peanuts. 
Since we worked for peanuts, and the 'funds' amounted to peanuts for each of us. 
Especially after we took that big leap of faith and 'spent' our million dollar 
health/education/retirement nest egg doing the mission. 
That's what it meant to be the Order. And of course JWM said, "Well, we just 
start over again [to rebuild the nest egg]."
That theoretical 'accounts receivable' line on the Order books was always just a 
joke. The ICA's 'million dollar debt' to the Order was really about this being a 
symbol of our radical expenditure. 
Amen.
Marshall



________________________________
From: Jack Gilles <icabombay at igc.org>
To: Order Ecumenical Community <oe at wedgeblade.net>
Sent: Wed, August 10, 2011 8:29:39 AM
Subject: [Oe List ...] Order Funds

Dear All,

A little context on our funds.  As I remember (not always a correct thing!), we 
had a nice nest egg of funds, education-retirement-health.  I remember when Joe 
announced we were all "millionaires" as we had accumulated that much in our 
funds.  However, as we accelerated our HDP work in 76-77 and started the 
replication in India (originally we were going to do 8-8-8 HDPs over three years 
but shifted to 8-16 & replication in India) we needed cash and so the Order 
Ecumenical loaned ICA about a million dollars and both carried it on their books 
as accounts receivable (OE) and accounts payable (ICA).  It was sort of one part 
of the family loaning another part some money for cash flow reasons.  At the 
time we didn't foresee the OE crisis nor the ICA funding bind that was to come 
in the 80's.  So, when the OE went out of being in 1988 it forgave the 1 million 
debt owed it by the ICA and dispersed the remainder to the OE members, at that 
time, based on a formula of a minimum of 10 years of service and the older ones 
getting a higher share than the young ones.  I can say that I enjoy getting my 
$50/month from the annuity company, it keeps me in beer and wine with a little 
left over for some peanuts.

Jack

On Aug 10, 2011, at 10:10 AM, jonzondo at juno.com wrote:

If by "our" children you mean any ICA/Order children, then yes.
>I benefitted from receiving some money each year during my first 4 years of 
>college.
>And I am grateful.  Thank you.
>
>And I would gladly trade that for what my parents were promised, which was that 
>they would be cared for in their elder years.
>May we all be cared for during those years.
>Jon Mark Elizondo
>
>
>---------- Original Message ----------
>From: E B <marosel2000 at yahoo.com>
>To: Order Ecumenical Community <oe at wedgeblade.net>
>Subject: Re: [Oe List ...] Another Time article
>Date: Wed, 10 Aug 2011 05:31:41 -0700 (PDT)
>
>
>or did any of our children benefited from the "college fund"?
>Elsa Batica
>
>--- On Tue, 8/9/11, Elizabeth Caperton <ecaperton at bellsouth.net> wrote:
>
>
>>From: Elizabeth Caperton <ecaperton at bellsouth.net>
>>Subject: Re: [Oe List ...] Another Time article
>>To: "Order Ecumenical Community" <oe at wedgeblade.net>
>>Date: Tuesday, August 9, 2011, 11:05 AM
>>
>>
>>So what happened to that "travel fund, which enables two couples to travel 
>>abroad for three months each year" by the time I arrived? 
>>
>>
>>Read more: 
>>http://www.time.com/time/magazine/article/0,9171,836839,00.html#ixzz1UY3fMvbP"  
>>
>>On Aug 8, 2011, at 11:14 PM, Lynda Cock wrote:
>>
>>This is the Time article that caught our attention in 1967 when John was 
>>minister of education at Central UMC in Asheville, NC.  
>> 
>>http://www.time.com/time/magazine/article/0,9171,836839-1,00.html
>> 
>>The next year we took a PLC and then helped set up a RS-I.  After that pitch by 
>>Marilyn Miller Oyler  and Phil Townley, we sold our house and car and journeyed 
>>to Chicago in March 1969.  
>> 
>>Lynda and John Cock _______________________________________________
>>OE mailing list
>>OE at wedgeblade.net
>>http://wedgeblade.net/mailman/listinfo/oe_wedgeblade.net
>>
>>
>>-----Inline Attachment Follows-----
>>
>>
>>_______________________________________________
>>OE mailing list
>>OE at wedgeblade.net
>>http://wedgeblade.net/mailman/listinfo/oe_wedgeblade.net
>> 
>
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