Short Term Assistance Funding via MNA
I often see neighbors in a tough spot reaching out for assistance via Facebook groups or personal pages, the Neighborhood Association board oversees a fairly substantial account that has been accrued with neighbor donations and fundraising.
Typically this is used to cover event costs and services used by the board to maintain the enterprise, but I would like to see the utility of these funds expand to short-term assistance funding for members of the General Membership.
I've not fleshed out the legality, but there are a number of options for a 501c3 to be able to disperse funds, so I'm sure with the proper legal oversight it could be accomplished in some way (whether through donation or "employee payment".
This would also facilitate the push for all of the financial records of the MNA board transactions to be publicly available online (I believe this is happening soon if not already on the main site). All data would be available to the membership, i.e. available funds, costs, and current applications/purposes (priority could be given through proof of circumstances, i.e. SNAP or other low income programs).
The idea would be that an online platform or similar (like this one) would be used to seek a percentage approval for the dispersal of the funds where the general membership would democratically vote as to whether they think the dispersal is legitimate. Obviously this may need to have a special circumstance for emergency funding, but this can be addressed after the concept has gained approval.
The intent of this kind of program would be to help prevent displacement and houselessness at its source, which is often the result of too many bills too quickly (sudden sickness, injury, death in the family, etc.).
Is this something that would be feasible with this Association?