August 27, 2012

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8360 Leeming Road East, RR#3, Mount Hope Ontario L0R 1W0
Phone: 905-679-8323 ● Fax: 905-679-1705 ● Email: info@tead.on.ca ● Web: www.tead.on.ca
TEAD Update ~ December 2015
Board Activity
The board has been meeting every two weeks and putting many hours between meetings to
ensure the transition plan is well in hand and we can focus on securing a viable and sustainable
business model. A separate discussion paper is being shared that will describe the business
model options and strategies identified to date and needing your feedback to move forward.
Board Stakeholder Committees
The TEAD Board has decided to establish 4 committees/teams of volunteers, each co-ordinated
by two Board members, supported by volunteers, with consideration being given to co-chairing
by a Board member and a community volunteer.
1.
2.
3.
4.
Major Gifts
Major Event/Gala
Gifts Under $10k and Sponsorships
Community and Engagement
The first three teams will focus exclusively on fundraising. A more detailed overview of the
proposed committees is provided in the discussion paper.
Sale of Property
We received fair market value for the property which has enabled TEAD to pay our outstanding
debts and successfully move forward through this transition. We have also made a temporary
lease arrangement with the new owners to stay on the property for the interim pending
consideration of options for future facilities.
Horses
We are happy to report that all of TEAD’s horses are continuing to enjoy excellent care. The
five horses generously loaned to TEAD have been returned to their owners’ care. Two other
horses, Mickey and Sable, have gone to another therapeutic riding program that will provide
them with forever homes. All other horses have been placed in wonderful temporary homes,
with all details clarified and documented in care agreements as well as individual horse
profiles/health records. Placement has been arranged for one other horse and a retirement
home for Mikey and placement options for the remaining horses are being actively developed.
All horses will be moved to their new homes by the end of January at the latest.
TEAD Staff Transition
We have been able to retain a skeleton staff structure to assist TEAD through the transition.
 Helen Clayton, Kevin Fair and Deb Nelson will remain on to the end of January to
ensure that the remaining horses and the barn are cared for, along with coordination of
volunteers for night feeds.
 Helen will remain on after January as the key contact for all horse placements,
supervising the placements including regular onsite visits. In addition, she will work on
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8360 Leeming Road East, RR#3, Mount Hope Ontario L0R 1W0
Phone: 905-679-8323 ● Fax: 905-679-1705 ● Email: info@tead.on.ca ● Web: www.tead.on.ca
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inventorying all of TEAD’s facility and program equipment and she will work with Hilary
to transition the horses back to the program as we are ready.
We will continue to engage Nancy Anderson as a part-time transition director to help
guide the transition work.
Hilary Webb will remain on with TEAD, working with Helen on securing good placements
for the horses, and will work closely with Nancy to develop the new program and
business model, along with expanding community engagement and sponsorship.
Kim Meadowcroft will continue to offer financial, program, and board administrative
support through the transition period. She will also assist with providing administrative
support to the business model development and will organize and clean-up TEAD files
and records during the transition.
Business Model Discussion Paper
Please be sure to read our discussion paper on potential business model options and strategies
and please provide your feedback through the link provided or through email.
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