What Does The Catenian Benevolent Fund Do?
Since its foundation in 1908 the Catenian Association has been concerned for the well-being of its members and their dependants.
On becoming a Catenian each member gives an assurance that he is financially sound and thus, implicitly, he can maintain any dependents and has made reasonable provision for the future through savings, insurance, pension arrangements or other means. Notwithstanding the steps he has taken to provide a stable financial future, he and/or his dependents may suffer material misfortune, and it was to provide for such a contingency that the Association established the General Benevolent Fund and the Children’s Fund which were amalgamated in 1991 into the present Benevolent and Children’s Fund.
The Trustees’ task is always to set out to give effective aid to every beneficiary in his or her present predicament and not, except where it has a direct bearing on the ongoing position, to question how that position was reached. This may involve, for example, advice to a Brother to seek professional advice on whether or not insolvency is the best route to relief, or on the negotiation of debt settlements, with agreement by the Trustees to pay the fees for such advice and to back the negotiations with a commitment to pay debt settlements.
The Managing Trustees meet every two months to consider all current applications. Each new case, whether a completely new application or a re-application, is discussed in detail by the Trustees, who have the full papers about a week before the meeting to enable a careful perusal in anticipation of the meeting. Unless the Trustees feel that they do not have enough information from the CBB, a decision is made whether the case is within the Scheme and can be considered, which is almost always the position, and what award is appropriate. The Clerk then informs the CBB of the award made or offered, including any terms attached, and the applicant is informed. On the acceptance, the award is put into place. Decisions reached are immediately passed back to the CBB. Grants are available immediately after their approval. Loans can take a little longer to process, though temporary help can be made available pending a Loan being processed. The Managing Trustees can, in urgent cases, consider applications before a formal meeting. In such circumstances a small number of Managing Trustees meet (via email/Zoom/phone) to discuss such cases when they are submitted, and this body has authority to immediately approve applications up to specific amounts.
OUTSTANDING LOANS REVIEWS
Outstanding loans are reviewed by the Trustees at regular intervals of no longer than two years.
WARNING SIGNS & KEEPING WATCH
There is a natural pride in individuals and a reluctance to apply for aid and this is fully understood. An individual will often try to struggle on hoping for an improvement in his financial situation.
If a Brother feels there are warning signs about another Brother then he should, in strict confidence, mention the matter to a member of the Circle Benevolent Board.
It is not always easy to spot that a person is in financial difficulties but typical signs are:-
- Reluctance to attend Circle functions and after dinner meals
- Late payment of subscriptions
- Request for waivers
- Loss of employment
- Downturn of his own business
- Failure to maintain property (especially widows)
Small Claims Emergency Procedure
There is a small claims procedure for those Brothers and Dependants who have an immediate or short term need for limited relief. Read about the required procedures for this fast track loan arrangement.
Your Next Move
Find out the procedures required to put into action the next stages of funding.
What is 'Need'?
Find out what is meant by “need” as set out in the Legal Document relating to the Fund.