Where does the money go?
The money collected in the form of a levy on digital devices and media is distributed by Collecting Societies to artists and rights holders, to compensate them for copies made of their works. Generally, an artist will only receive compensation if he or she is a member of a Collecting Society. Moreover, a portion of the funds collected are used to pay for the collecting societies’ administrative expenses and sometimes to fund general cultural activities. Only what remains is distributed to rights holders . EICTA believes that this is not the fairest way to compensate artists, and that a better way to compensate artists is to protect their work with technologies that can limit or prevent copying in the first place.
• Computers, Software and Accessories: Top of the line flat screen desktop computers with network-capable laser printers. All computers will be outfitted with the latest version of Microsoft Office currently available. • Furniture and Décor: WARM2Kids provides workstations, printer stands, motivational posters, sponsor signs and plaques. • Stipends, Grants and Scholarship Allowances: In addition to the $1,000 stipend provided to cover unforeseen costs, WARM2Kids sets aside funding to award continued-learning scholarships and grants based on role model behavior. • WARM2Kids Learning Center Program including: Full Access to Premium Web Site Content and Celebrity Role Model Interviews, Afterschool Guidebook/Site Optimizer, Exclusive Contests, Optional Speaker Series and Staff Visits, Specialized Content Request Capabilities.
ALL (Read 100%) of the general fund pledge money collected will be divided equally among the three charities involved, namely, Children’s Hospital, Locks of Love, and the American Cancer Society. Stone will pick up the costs for the promotion and printing. You must pick up the costs of dyeing your own hair (although, remember that your Stone 8th Anniversary Open House & Invitational Beer Festival admission is free with blue hair and a filled out pledge sheet). Participating salons are offering special promotion prices and/or free dyeing services. See the Participating Salons page for details.
Half the money is allocated to prizes and the other half goes into the Trust Fund. The Trust has recently sponsored the Newport RFC squad, the Newport Youth squad and the Gateway Community Officers. It is hoped that revenue generated by the Bullion Draw will help us continue with this type of support.
