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subscriptions news

12 October 2021 @ 8:00 am - 5:00 pm

Dear WI Treasurer Subscription 2022/23
The NFWI Board of Trustees has set the membership subscription for the 2022/23 membership year at £44.00. This means there is no change from the current membership year. The distribution of the 2022 subscription will be:
Total subscription 2022/23 £44
WI share£21.60
Federation share £10.30
NFWI share £12.10
Payments will be due from members in April 2022.
This subscription takes into consideration the National Council vote taken with all federations on 6 September and ratified by the NFWI Board on 29 September 2021.
Each year the NFWI applies flexibility to its membership pricing. The NFWI Board looks at what is needed financially for the year ahead but then identifies ways in which these costs can be absorbed, or money raised in alternative ways to avoid applying these costs to the membership fee.
As with previous years, the NFWI Board explored a range of options, looking at how it can operate flexibly and pass as little of the charity’s costs on to members as possible. This year a range of options were presented to members of National Council to vote on. The NFWI Board is always keen to listen to member perspectives and the opinion of federation representatives and work in partnership with all levels of the organisation. It is hoped that this level of engagement and partnership across the organisation will help prepare us for the years ahead and life after COVID-19.
Incorporated in England & Wales as a Company Limited by
Pro-rata subscription for new members in their first year
New members joining the WI from April 2022 for the first time, or who have not been members of any WI in the past year, will pay a pro-rata subscription depending on the quarter in which they join. The rate per quarter and the distribution are shown in the following table.
Date of joining 2022/231 April-30 June
Total subscription £44
WI share £21.60
Federation share£10.30
NFWI share £21.10
1 July-30 Sept
£33.00
£16.20
£7.73
£9.07
1 Oct-31 Dec
£22.00
£10.80
£5.15
£6.05
1 Jan-31 March
£11.00
£5.40
£2.58
£3.02
New WIs starting in 2022/23 New WIs starting from April 2022 will keep all of the subscriptions paid by their members in 2022/23 membership year.
Flexibility Policy WIs are able to apply the flexibility policy to their 2022/23 subscription. This means they are able to charge the full amount of the WI portion of the subscription, reduce their portion of the subscription or waive the WI portion of the subscription entirely. Dual Membership Dual members will pay the WI portion only to their second WI. If the WI is not utilising the flexibility policy, this will be £21.60. There is no pro-rata rate for dual membership, and the set fee will remain payable at any time during the year.
Pooling of Fares 2022
The NFWI Annual Meeting pooling of fares for 2022 is set at £16 per WI and £32 per federation. New WIs formed in 2022, from April, before the NFWI Annual Meeting, will pay the pooling of fares contribution. I hope that you and your fellow members will continue to enjoy your membership of the WI. With best wishes
Jeryl Stone
Honorary Treasurer

Details

Date:
12 October 2021
Time:
8:00 am - 5:00 pm
Event Category:

Northumberland WI

t: 0191 217 0808

federationoffice@northumberlandwi.co.uk

11/12 Brenkley Way
Blezard Business Park, Seaton Burn
Newcastle upon Tyne
NE13 6DS