Wells Gray Forest (2010) Society (WGCFS)

The purposes of the society are:

A. To promote the economic and social welfare of the residents of the Wells Gray Country (including the District of Clearwater), including the provision of support for benevolent and charitable enterprises, federations, agencies and societies engaged in furthering these purposes;

B. To hold the shares, and receive all the benefit of the shareholdings, of the Wells Gray Community Forest Corporation, which company manages a Community Forest License (the “Community Forest”) in the Wells Gray Country (Thompson-Nicola Regional District Electoral Area ‘A’).

To distribute funds it receives through the operations of the Community Forest or otherwise as follows:

i. 25% to social needs in the Wells Gray Country (including the District of Clearwater) as determined by the directors

ii. 50% to capital infrastructure improvements in which another person has matched funds in the Wells Gray Country (including the District of Clearwater);

iii. 25% accumulating for larger projects that benefit the Wells Gray Country (including the District of Clearwater) either as a lump sum or ongoing payments.

As shareholder, the society also ratifies and appoints the directors of the WGCFC

There are 7 trustees on the board and they are comprised of;

• • two directors from the Community Forest Advisory Committee (CFAC)
  • two directors from Wells Gray Community Forest Corporation (WGCFC)
  • one director from District of Clearwater (DOC)
  • two directors are Community members at large (CML) from the Wells Gray Country (including the District of Clearwater)