December 18, 2014
Today we reached the $16,000 funding target for solar panels for Project 3, the Beechworth Montessori School in northern Victoria, so now all Quick Win project contributions will be going towards Project 4 at the Camden Community Centre.
The donated funds will be boosted by quarterly loan repayments from the first three projects, so everyone who has chipped in to earlier Quick Win projects will have the satisfaction of seeing a portion of their contribution ‘recycled’ into the new project. This is the magic of having a perpetual revolving pool of funds that starts off with voluntary gifts. The two images below illustrate how this works.