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Banking and Housekeeping

11/25/2014

4 Comments

 
As all our donors know, we use PayPal to receive our donations and to track funds.  EVPF also has a small business bank account with Bank Of America (BOA) ... intended for facilitating bank transfers to the archaeologists and others who perform services on EVPF projects.  When the BOA account dips below $3000, a fee is charged and the EVPF Board has been paying these bank fees.  Bank fees have been significant this year and the EVPF Board has deposited a non-donation amount of $3000 into the BOA account to stop the bank fees.  Since we have recently learned that we can transfer funds internationally via PayPal with much lower fees, we may move to close the BOA account and operate solely from the PayPal account.  We welcome any comments or suggestions on this.

We have advanced 1150 GBP to the archaeologists for processing work on the surveys and will continue to fund that work from donations and EVPF Board personal funds.  Recent Donations from Clan Macfarlane Worldwide, for example, have contributed to the advance for the report consolidating the topographical survey, the buildings survey, and archaeological survey work to date.   Our archaeologists are largely booked through December on their many projects.  We look forward to another clear day in February, hopefully,  to survey the remaining bits of the site and to take more photographs for photogrammetry.  Note our Three Dimensional Modeling tab for 3D models as they evolve.

4 Comments
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    Katherine McFarlin,
    Bruce McFarlin

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