Retirement of the Quarterly Appeal!

To The Fellowship:

Your trusted servants at SAICO wish to thank the fellowship for stepping forward to support the Quarterly Appeal during our time of financial need over the past seven years. The quarterly appeal was initiated in 2004 to build up our prudent reserve. We are pleased to announce that today, through the efforts of the fellowship, the job has been completed, so that we can now retire the quarterly appeal. The quarterly appeal was initiated at a time when funds were being drawn down from a small reserve to cover the shortfall in SAICO’s daily operations. The Trustees established a goal of building and maintaining a six-month prudent reserve fund. The fellowship’s support of the quarterly appeal rose during the intervening seven years—in spite of the harsh economy. At the end of 2010, the goal of a six-month prudent reserve was met and exceeded! We are grateful to the fellowship for your generous, ongoing support.

In the 2012 budget, a portion of the excess prudent reserve surplus has been earmarked for spreading the word by investing in the areas of:

1. Printing of new literature currently being developed by SA’s Literature committee (SA Steps and Traditions and SA Meditation books);
2. Supporting the work of the SACFC in spreading the message inside the prisons, as exemplified by the work in Pennsylvania; and
3. Supporting the rapid expansion of the fellowship internationally.

Our work is still not complete, because we are always challenged to spread the SA message to those who are still suffering.

Thanks again to the fellowship for your ongoing generosity.