Application of the Virtues Conductive to Benefit to Community Welfare Fund Management

Abstract

This research aims to 1. study the concept of community welfare fund management and 2. analyze the applic ation of the principle of the virtues conductive to benefit to the management of community welfare funds. This is a documentary research.
The research results found that the principle of the virtues conductive to benefit can be applied to the management of community welfare funds, namely, to encourage members to be diligent in earning a living, to contribute money to the fund, to encourage the fund committee to pay attention to performing their duties to the best of their ability, to have guidelines for protecting the benefits of both the fund and the fund members, to select community welfare fund committee members who are good people, to give importance to efficient fund management, and to encourage members to learn to manage their own lives appropriately, to know moderation according to the philosophy of sufficiency economy, to live appropriately according to their own abilities, to know how to determine income and expenses, to be frugal, to save, and to live life with caution.