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Eagle1993

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Everything posted by Eagle1993

  1. Program ran like normal, which was good No cohorts or group requirements Same experience. Though, some scouts liked the cohort model from last year as it kept our Troop together all week. Some changes to food service, but not onerous We patrol cook, so only impact was the elimination of 2 camp wide meals. The camp was somewhat short staffed Main challenge was college aged Scouts as colleges had reduced tuitions for the summer Also pay challenges with other businesses paying more and jobs plentiful Same as was
  2. I was at CFL ... we started going there after going to LeFeber forever (then that was sold) and hating Long Lake (I know others like it). We were at CFL for 2018 through 2021 and will miss it. The staff and program was great. We had a couple of leaders talk to someone from TFC about the sale of CFL. Basically, it came down to a need to quickly get money and not enough time to make other plans for the camp to live on. CFL was profitable for the council. However, it also had a lot of grandfathered in equipment (toliets, plumbing, etc.) that would eventually need to be replaced and requ
  3. Just got back from camp. 30 scouts, 4 full time adults and a sprinkling of others. 300 scouts at camp. Shortages at trading post and of counselors. The camp we attended was already sold due to bankruptcy but was being leased back this summer (for the price of our picnic tables). Closing campfire ceremony was tough… singing a song about returning next year… We visited Ed Bryant as a possible replacement but I wasn’t impressed so I think we are headed to Bear Paw next year. We only do patrol cooking camps and those are getting tough to find. I’d recommend locking in
  4. Us too. Tight timeline to respond. We were told we will know by August. They council was saying there are 19 camps in Wisconsin so no they can probably do with less. Unfortunately every council is saying that and I’m currently at a camp that was sold (in Wisconsin).
  5. https://nypost.com/2021/06/18/boy-scouts-hoping-to-reach-summer-settlement-with-sex-abuse-victims/ No comment from the TCC or Coalition.
  6. A couple of good points I have seen in other online forums. This is not an approved plan. It is simply an updated plan. Kosnoff twitted an hour ago that he is currently reviewing all 387 pages, a lot of changes with new info. Some council connected individual has stated that there is no deal. They went on to say that this is a proposal that they already gone beyond and there is a lot of stuff not being filed yet. This individual has stated that everyone should wait for an official announcement. So ... it perhaps this is something BSA needed to get out to start a clo
  7. Looking at the plan, I think the survivors got the lion share of National BSA assets. While National BSA appears to keep their HA bases, they gave up other restricted assets and took on additional debt to do so (including ongoing payments to the Settlement Trust). I think this is pretty risky for National BSA, but it is what it is. At the council side, I think you will have to wait to see the council by council settlement details. It appears that the settlement is about 1/3 of the total unrestricted assets of all councils combined. That said, some councils may be paying nearly 100% of
  8. We should know soon. I'm not sure if the status is a detailed look or a % of the total amount.
  9. Cyberchip requires the following: Discuss with your unit leader the acceptable standards and practices for using allowed electronic devices, such as phones and games, at your meetings and other Scouting events. So, it is a unit decision. There is nothing in the Scout Handbook or Troop Leader handbook that I have ever seen that bans cell phones. Our unit allows cell phones for photos (and have for years). We also added the option to use phones for scouting applications (such as looking up merit badge books, info, etc.) and weather reports. It is a tool like a knife, r
  10. TCC & BSA appear to have reached a comprise over the restricted assets & HA bases. BSA agreed to reduce the minimum amount of unrestricted cash/investments from $75M to $25M. Fund a $80M Note (which has the payment schedule I documented above) So that is how they got to the ~$130M. A loan with a payment schedule and selling off $50M of investments. With this deal, HA bases will remain with BSA. However, BSA will exist more in debt (add $80M to the JPM debt) and with far fewer assets (both at National & LCs).
  11. Ok ... that loan to the settlement trust will be paid annually the total of : $4.5M plus $3.50 for every scout in BSA as of Dec 31 from the prior year $50 for every scout that went to a HA base the prior year $50 for every scout above the initial business plan excluding ScoutReach $150 for every scout going to a HA base above the business plan Hmmm ... this looks to me, that BSA better not grow above their business plan. IF they do, they will be paying a TON to the settlement.
  12. It appears BSA took out a loan from Arrow WV to help pay for the settlement. Local Counicls now must provide $300M is cash and $200M in appraised land. many other changes…
  13. https://casedocs.omniagentsolutions.com/cmsvol2/pub_47373/75cad6f2-cc34-4b0c-896f-0d26815b1189_5368.pdf
  14. Revised plan have been filed. Good time to start a new topic, see link below.
  15. They should have dumped Summit. It looks like BSA may exit bankruptcy with no assets (including no endowment) other than 4 HA Bases and $500M in debt. When they increase annual fees to $150 each scout (Scouts Canada numbers), realize that $75/scout is likely paying the interest on the $500M in loans.
  16. Actually... if you look at BSA's last monthly statement below. Their Restricted Liquidity Balance is $135M. They just increased their offer (per WSJ) by $135M. I wonder if they are giving up 100% of their Restricted Liquidity ... it could just have been by chance these number match ... but I wonder if BSA is finding a way to keep their HA bases. https://casedocs.omniagentsolutions.com/cmsvol2/pub_47373/2f5112e6-d8c5-4fe3-b63b-dab01932cba9_5180.pdf
  17. BSA previously provided $115M, so not its $250M. So where is the additional $135M coming from? The only thing I could think is that National has agreed to give up on some restricted assets. What is the most likely path to get to $135M incremental? What was listed as restricted: (https://casedocs.omniagentsolutions.com/cmsvol2/pub_47373/868464_1.pdf) $40M cash $70M LC Collateral $82M Investments $7M OA $63M All HA Bases $53M Donor Restricted Contributions $6M Misc Summit Assets $8M Annunity $345M Summit Note Now these were the v
  18. Perhaps a minor look at the talks. Century Request to Hold June 17 meeting It appears the insurance companies are out of the loop and BSA/Coalition/TCC are working on a plan (Century states a non-consensual plan will be sought). BSA also hired a law firm to handle their insurance companies. Kosnoff is tweeting as if a plan is coming soon. He is lowering the bar on expectations.
  19. We freeze ours and they seem to last pretty well. While GSUSA states girls sell their cookies, my past experience is that parents sell A LOT of cookies in the office. I can't tell you how many flyers I see from parents. With many working at home, I'm sure those office sales dropped way off. My daughter sold hers online but didn't go door to door so sales were down. I like what our BSA council did for popcorn. They created door hangers to allow Cub Scouts to go door to door without interfacing with adults and thus, avoiding the Covid risk. Then people could call/contact the sco
  20. My guess is that Kosnoff is bluffing a bit… I have a hard time imagining lawsuits against a PTA for bake sale proceeds. That said, I could see this turning into the asbestos lawsuits going forward that seem to be unending over the last decade. As laws change or COs are found to have insurance coverage or decent assets they will be sued.
  21. It could depend if they show by individual CO. While there are large groups of COs, typically each local CO is a single unit (for example, xyz Elks Club would mean 1 unit). Kosnoff is making it clear that in addition to national BSA, local councils and insurance companies, he is looking at suing the BSA legal team for malpractice (I guess that they spent too much and some of the fees should go into the trust) AND every CO he can. He just mentioned ... "large and small churches, civic orgs, VFWs, Elks, Eagles, PTA's ad infintum." So ... if this is shown at the individual CO level,
  22. This does not seem common from my experience; however, it did happen to my Troop as a youth shortly after I aged out. A new COR for our Troop decided to take our Troop funds and put it in their general fund. Any money we would need would then need to be approved by the Church. Any fundraiser would go to the commingled fund. Many of us had scout accounts and it was the only way many afforded to go to camp or BWCA. Those were taken. Our Troop disbanded within a year. Here is a FAQ for BSA’s fiscal policy. https://www.scouting.org/wp-content/uploads/2021/05/Fiscal_Policies_and
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