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Too many of us had our heads down like cattle and didnt realize the grass wasnt growing as fast as we were grazing.
This is an opportune time for us to readjust and get used to the new reality.
Speaking at the third sector conference Building Hope at the Hamilton Princess yesterday, Ms Foulger said that job losses could eventually be recouped if the organisations could become stronger.
Elaine Butterfield, executive director of the Centre on Philanthropy, which organized the event, has previously warned Bermudas charities are experiencing unprecedented financial pressure, with 65 per cent experiencing an increase in demand for their services coupled with a reduction in donations.
Mr Simmons delivered a fairly positive outlook, telling the audience: I have just got back from the future and it is looking pretty good so you dont have to worry about change.
He said that Bermuda had spent the past 20 to 30 years in a grazing period.
Mr Bradshaw spoke of the importance of transparency and good governance within the third sector as well as ensuring sustainability. The four member clubs of the Eastern Counties Cricket Association (ECCA) are still waiting for close to ,000 that has been owed to them since November.
It is understood that the delay is because of money having been stolen from a car near St Davids Primary School.
Arrim Perinchief, president of Baileys Bay, said that all he had heard from the ECCA was that the issue had not been forgotten.The rest of the funds are meant to be divided among the other three clubs.We all know the money went missing, Otis Minors, the St Davids president, said of the June theft.The Bermuda Police Service confirmed that an investigation took place into the crime, but are otherwise flummoxed. Asked if the lack of funds has had any impact on the club, Mr Minors added: We are able to operate, but not in the capacity we would like to. Carlton Smith, president of Cleveland County, said: If we get the money and everything is straight then everybody is happy.If I had the money, I would be able to pay off some bills; I have distributors I need to pay off and things like that. I will definitely need it by the end of February because we have a cash incentive programme for my club cricketers.