For most BCF tournaments the entry fee  is typically $17 for members/$27 for non members. Currently money raised  by entry fees for a given tournament is divided into  four sections for disbursement:
  1. Tournament Expenses: (usually rating and TLA fees and TD compensation ) 
The USCF needs some money to process the rating of a tournament and  sometimes the club pays for advertising in Chess Life. The BCF offers  $30 -  40  fee (usually $10 / round) for the TD to direct (although a majority of TD's  in a majority of events donate this  back to the BCF.)  Occasionally we have we have other immediate expenses,  like running out of pens or pencils.
  2. To the BCF overhead: 
Depending on the size of  the tournament 20% to 30% goes to the BCF to cover it's operating  expenses: rent, heat, cable/phone, electricity, bottled water. Please note that this  amount when combined with annual memberships has not covered the total  general overhead BCF expenses for the past several years. If  it weren't 't for  the generosity of the membership to donate funds to the BCF, we would be  running in the red. Fortunately, the members have been quite generous, and thankfully, with the donations we  presently break about even with  cash flow to expenses. 
  3. Other Moneys: 
for BCF memberships and  USCF membership paid that day and many people donate to the BCF to the  TD.
 
4. Prize Money –
what is left  (excluding section 3) - this means usually 70-75% of the entry fees is returned to the prize fund.  This is divided among the prizes of winning  players.
5)  GM and IM entry fee and prize policy.
 
  I don't know if BCF members realize that  GMs and IMs receive free entry to all BCC events. Currently the entry  fee is taken out of any prize money that the GM or IM might win. The  idea being; that GM's & IM attendance raises the quality of the  tournament and make it more attractive to everyone. This incentive is a  common thing for clubs in the US. In addition the BCF Club Champion,  currently Chris Chase, also plays for free. The original thinking was  that the subtraction of the entry fee from the GM/IM prize money helps  defray overhead expenses so it’s only the prize money pool that is  affected. 
  The board is in the middle of a debate  about eliminating the entry fee garnish and giving the whole cash prize  to IM & GM's. For many reasons this discussion has become a hot  potato. For example with two directors who are IM's it appears they will recuse themselves due to potential conflict of interest reasons. None  the less the debate is hot and the final decision has not been made.
  In addendum:
6) Cell phone penalty
 
  Bernardo Iglesias proposed to adopt the  USCF rule regarding cell phones thus reconciling BCF  rules with the  USCF:
- A) First offense results in a penalty of 10 minutes or half the  remaining time from a player's clock (whichever is less);
 - B) Second (and  subsequent) offense for the same player during the same event is loss  of the game. The board unanimously approved the motion. Posters to alert  players to the rule change will be made. 
 
  Personally I think there should be  sanctions to bystanders that have phones that ring.
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   Tournament Schedule changes:  
The May 1st quads will be moved to May  8, to accommodate a MACA event; the May 8 event will be moved to May 22;  Bernardo will schedule an alternate tournament for the 1st.  
  Lecture series to come: 
  Dave Vigorito will give our next lecture  on March 10th, and we will set a goal of doing a lecture a month for  six months.  Marc Esserman volunteered to do a lecture at some point, as  did Charles Riordan.  The fees will be $20 for non-members and $10 for  members. 
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  Does anyone have any suggestion for the  subject material of these future lectures? 
What are you feeling about the GM/IM  prize formula? 
  Please Comment.
Thank You
Mike Griffin
 02/23/2010