Re: Western RR Museum
Author: Robert MacDowell
Date: 12-15-2009 - 21:58

>BAERA is very reluctant to pay the necessary money, even with it's million dollar windfall

This particular "windfall" is an endowment. This is a concept largely alien to railway museums but common to other types of museums. It assures that the institution has a future.

BAERA's endowment is now sufficient that it could keep the lights on in seriously lean times. That means BAERA is unlikely to fail as an institution. And that matters a lot to donors. Which makes fundraising much easier to get done. $2 million for Carhouse 3 was raised because of this.

The same could be done with the feeder/substation -- to the extent that project *can* be solved with money. In many cases it is volunteers/expert managers which are the scarce component. And if you are a volunteer or expert manager, you know what to do about that!

I am president of BAERA, and I also created an endowment for SMRS, a railway museum in Michigan.



Subject Written By Date/Time (PST)
  Western RR Museum ff 12-14-2009 - 10:41
  Re: Western RR Museum dave 12-14-2009 - 10:58
  Re: Western RR Museum Dr Zarkoff 12-14-2009 - 11:06
  Re: Western RR Museum Joe Magruder 12-14-2009 - 12:10
  Re: Western RR Museum Joe Magruder 12-14-2009 - 12:14
  Re: Western RR Museum Gary Waddell 12-14-2009 - 16:02
  Re: Western RR Museum Joe Magruder 12-14-2009 - 16:44
  Re: Western RR Museum Henry Miller 12-14-2009 - 18:06
  Re: Western RR Museum Al Stangenberger 12-14-2009 - 19:07
  Re: Western RR Museum GTB 12-14-2009 - 22:31
  Re: Western RR Museum Dr Zarkoff 12-14-2009 - 23:17
  Re: Western RR Museum W.Nicholson 12-15-2009 - 07:51
  Re: Western RR Museum Al Stangenberger 12-15-2009 - 08:54
  Re: Western RR Museum Nicholson 12-16-2009 - 08:20
  Re: Western RR Museum fkrock 12-15-2009 - 10:07
  Re: Western RR Museum The Montezuma Yardmaster 12-15-2009 - 14:46
  Re: Western RR Museum Gary Hunter 12-15-2009 - 12:17
  Re: Western RR Museum yetanotherknownshopdrinker 12-15-2009 - 12:48
  Re: Western RR Museum Joe Magruder 12-15-2009 - 15:44
  Re: Western RR Museum Al Stangenberger 12-15-2009 - 21:22
  Re: Western RR Museum Robert MacDowell 12-15-2009 - 21:58
  Re: Western RR Museum ff 12-17-2009 - 07:05
  Re: Western RR Museum Robert MacDowell 12-17-2009 - 14:51


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