Dave in Waco
Premium Member
If they were shaper they would have started a few years back and gone up and dollar or two every year.. ! would have made it simpler to swallow.. ?
True! I don't think very many are totally denying that it needs to increase, I think it's more of the fact that the endowed memberships that we were asked to buy to benefit both ourselves and the GL aren't doing either at the moment and actually hurting the Lodge which is having to cover the per capita of the endowed members out of its pocket already as is. Then a $10.25 jump in one year, is more like sticking another knife blade to many Lodges already struggling to cover its own expenses.
As I stated in a different post, GL should dissolve the endowment fund. Give the Lodges back the money for their endowments to help offset the added costs they are already having to bear. GL could keep the interest from it to offset their need for the $10.25 per capita increase. This would allow them to set a much lower increase this year, plus allow them to but into action a gradual annual increase. It would also give the market some time to recover where GL and Lodges can better plan out the raising of their fees and/or endowments to guard against a future market downturns.