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The 4150 Fund

475 bytes added, 23:51, 23 February 2019
2018 raffle
By the mid-80s fund raising and restoration progress had slowed. In November 2006 an EGM was held and a new committee was formed to restart and complete the restoration, which continues. 80 of the original Shareholders were traced, twelve of whom increased the number of shares they held, and a new issue brought in a further 68 Shareholders. A recommendation to amend the constitution to 'one member, one vote' was however rejected as, although an overall majority were in favour, it failed to reach the required majority of two-thirds. By 2008 a referendum had been held with a unanimous result in favour of adopting a new Constitution, which came into effect on 1 January 2009. The 2008 AGM was informed that a few Fund spares had been recovered by the Trustees, but some were unaccounted for.
 
On completion of the restoration the SVR will operate 4150 on a commercial agreement with the Fund.
 
The Fund announced in 2019 it was consulting on applying to become a Charitable Community Benefit Society.
===Fundarising===
In 2008 a [[Severn Valley Railway Association]] raffle raised a record net total of almost £16,000 toward the boiler work.A further raffle in 2018 raised in excess of £24,500 before expenses.<ref>SVR News 202</ref><ref>[http://www.4150.org.uk/PDFs/The4150Fund-2019-Web-Newsletter.pdf 4150 Fund 2019 newsletter] (retrieved 23 February 2019)</ref>
The Fund organised [[Peep Behind the Scenes]], an annual fundraising event, between 2010 and 2016.
:[[GWR Large Prairie 4150]]
:[[Peep Behind the Scenes]]
:[[Charities associated with the SVR]]
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