Is there not a rational business case for HQAC to expand and diversify it’s income streams so that we can do more and better, rather than what we can, with less.
What could HQAC do to generate funds from other sources?
As stated in the GPF charity annual report, we already source funds for some activities from outside sources:
a. The Malcolm Club Fund’s income is used to fund flying scholarships and grants for expeditions (known as Scarman Scholarships).
b. The BAE Millennium Fund’s income is used to subsidise IACE airfares.
c. The Joseph Singleton Memorial Fund’s income is used to fund two annual cash prizes to accompany the presentation of the Lees Trophy and the Morris Cup. The Lees Trophy is awarded to the best ATC Squadron and the Morris Cup is presented to the runner up.
d. The Stan Easton Memorial Fund is used to provide a cash award to an ATC cadet producing the best article linked to an aviation theme. This competition is not run annually and is dependent on having enough interested competitors.