"He or she who serves almost always benefits more than he or she who is served." -- Waldo Ralph Emerson
A Board of Donors is to be elected
A Board of Donors, BOD, will be elected by donors (about 1400 persons) of 80-20's SELF project. The BOD's functions will be:
1) to verify the existence of the escrow account on behalf of all donors,
2) to advise and help 80-20 accomplish its SELF fundraising goal,
3) be in complete control of $100,000 per year to forge UNITY of the AsAm community, starting Nov. 2015 when SELF is accomplished,
4) to draft a set of bylaws for the BOD in order to accomplish the above described functions, in consultation with 80-20 EF.
2) to advise and help 80-20 accomplish its SELF fundraising goal,
3) be in complete control of $100,000 per year to forge UNITY of the AsAm community, starting Nov. 2015 when SELF is accomplished,
4) to draft a set of bylaws for the BOD in order to accomplish the above described functions, in consultation with 80-20 EF.
Q&A regarding BOD
Q: Who are the voting members of the BOD?
All who have donated $50 or more to SELF, up till 2 days before the day of the election of BOD, are voting members. Voting members may not only vote but also nominate self and/or others to run for BOD. You're to submit your nominations to the Election Committee via <8020office@gmail.com>
Q: What are the voting powers of each donor?
To encourage generosity, the bigger donors will have a bit more voting power. Those donating
$50 to $99 : 1 vote $100 to $499: 2 votes
$500 to $999: 3 votes $1,000 to $1,999: 4 votes
$2000 to $4,999: 5 votes $5,000 or more: 6 votes
$50 to $99 : 1 vote $100 to $499: 2 votes
$500 to $999: 3 votes $1,000 to $1,999: 4 votes
$2000 to $4,999: 5 votes $5,000 or more: 6 votes
Q: Why would YOU want to be a BOD member?
The BOD will have $100,000 in its complete control to distribute to any AsAm orgs. and/or projects which share the same goal as 80-20 and which see UNITY of the AsAm community as a must. Hence, an innovative and effective BOD member can make a historic contribution to the forging
of UNITY within the AsAm community. $100,000 is a lot of money. Currently, it is the combined annual budget of 80-20 PAC and EF.
Q: How many BOD Members will be elected?
It depends. The more candidates we'll have, the more Board members we'll elect. All self nominations will be accepted. The prior consent of a nominee is required, if a donor is to nominate others.
Q: When will the election be?
When we have 10 or more candidates. All candidates will LATER need to provide a 150-word candidate statement listing her/his qualifications, visions and the number of hours per week he/she can give for Board related work.
ASK YOURSELF: when has an AsAm organization set money aside to forge UNITY? To the tune of $100,000/year? UNITY after all, is the ultimate
So help 80-20 back. It is unique. It is worthy. DONATE here. Help SELF reach $400,000/yr for 5 yrs before its first anniversary on 10/21 !
President, 80-20 National Asian American Educational Foundation, Inc.
