Ammended and approved October 2008
1. Any person or group may apply
in writing to the Bulkley Valley Community Arts Council (BVCAC) for a loan.
2. If approved, the loan will be
interest free.
3. The BVCAC (or designated
committee) will take into account the following when considering a loan
application:
§
Benefit to the arts community, including degree of
activity, number of members, and whether arts participants (performers) are
from within the community
(goal:
to encourage the community to participate in the arts).
§
Degree of need, and whether other funding sources are
available
(goal:
to provide support where most needed).
§
Whether the applicant is on the wane, with fewer
projects/participants
(goal:
to provide the greatest support to the most active groups).
§
Structure of the applicant/group
(goal:
to preferentially support amateur and not-for-profit organizations).
§
Does the proposal contribute to the Arts Council’s
charitable purposes?
§
Past support from the BVCAC
(goal: to encourage
applicants toward independence).
4. The recipient of a loan must sign our
‘Loan Agreement’.