Who owns the SFC farms?
They are Cooperative farms. No one person or group ‘owns’ them. It is expected that the profits from the farms will be rolled back into further development, either the farm making the profit, or through the Board of Directors, for the opening of new farms. At this point, every farm is still developing toward the target of expenditures being less than the income from produce and contracts with other growers.
They are Cooperative farms. No one person or group ‘owns’ them. It is expected that the profits from the farms will be rolled back into further development, either the farm making the profit, or through the Board of Directors, for the opening of new farms. At this point, every farm is still developing toward the target of expenditures being less than the income from produce and contracts with out- growers. Cal Bombay Ministries retains ownership of all capital equipment which is “on loan” to the Savannah Farmers Cooperative. This includes all tractors, ancillary equipment, bulldozers, generators and tools. As the SFC grows and becomes more efficient, it will, through its future membership, take on more responsibility for major decisions at Annual General Meetings called by the Board of Directors of the SFC.
