100 Club 1 of 10

1. 100 Club


Why would I want to join the 100-Club?

A fund raising initiative where participants pay £5 per calendar month, usually by Standing Order and a draw is held every month. Club accounts are checked prior to each draw so that Members numbers will only be placed into the draw once the subscription for that month has been received. Members choose their own number(s), permanently allocated to them provided subscription is paid up to date. They can of course leave the 100-club at any time by cancelling their Standing Order. Of the revenue collected for a draw, 50% is redistributed in Prize Money, while the other 50% will be transferred into club funds. Currently there are 6-prizes as set out below:

Currently there are 6-prizes as set out below:

- 1st prize = 13% of revenue collected
- 2nd prize = 10% of revenue collected
- 3rd prize = 9% of revenue collected
- 4th prize = 7% of revenue collected
- 5th prize = 5% of revenue collected
- 6th prize = 3% of revenue collected and usually your ‘stake’ returned!

- Remaining 3% to be accumulated towards the next Super Draw.

Most of the 12-draws per year are regular Monthly Draws, but the organisers have the option to include up to 4-Super Draws per year. Super Draws can be drawn at the Vice President’s lunch, Club Christmas dinner and the Annual Dinner Dance to include the accumulated 3% additional retained to that date.

We would be delighted to hear from anyone interested in joining the 100-Club. Further details can be obtained from Dave Hinves via email: davidhinves@btinternet.com or on mobile: 07976 757359.