4 May, 2016
The Wood Foundation
The Wood Foundation held its AGM yesterday (28th
members present felt that although the initial aims of the Foundation
had been admirable and had been supported by Industry Associations and
their respective members, the Foundation had not enough financial
resources to undertake its objective of promoting the benefits of timber
in a meaningful way.
Members concurred that for the Foundation to flourish it would need:
- adequate funding; and based on this
- a full-time person to drive the Foundation.
Executive Committee concluded that as both these criteria were not in
place (nor would be in the near future), the Foundation would not be
able to adequately fulfil its mandate.
Three options were therefore considered, these being the following:
- Carry on the Foundation in an almost dormant state
- Close the Foundation
- "Shelve" the Foundation (which would allow us to still use the logo and allow for a possible future "re-birth")
After extensive discussion, it was decided to apply to SARS for the shelving of the Foundation.
was indeed a sad day. All of us involved had great aspirations for the
Foundation but, at the end of the day, you cannot do anything
meaningful without adequate funding. Having decided to shelve the
Foundation (rather than close it) it is hoped that circumstances will
change in the future and we can re-vitalise the Foundation.
Forestry South Africa
Tel :+27 33 346 0344
Fax: +27 33 346 0399