Because it is YOUR money. EF should only use it when a crisis befalls our community, or to serve your best interest when an occasion presents itself.
An Example of its Usage: Meeting a Crisis
An example is if and when the threat of a new Chinese/Asian Exclusion Act or a new Internment Act looms. There is much China-scare mixed with white supremacy sentiment going on, that such a day might come.
When such a crisis befalls, it is NOT the business of the Chinese-Am community only. Remember that Vincent Chen was bashed to death by a baseball bat because 2 unemployed autoworkers mistook him to be Japanese-Am.
2 More Examples of Its Usage: Serving YOUR Best Interest
(1) If and when a major threat against our civil rights occurs, 80-20 EF shall use that pot of money as the seed money to not only defend our rights but also UNITE our community.
As you know, human nature is such that unless a major disaster befalls all of us, people would rather be "a big fish in a small pond " than uniting and working together for our shared interest. When a crisis comes, the $3.68 million may not be enough, but it'll allow us to react instantly and strongly,
instead of being a sitting duck while trying to raise the money to fight it.
(2) If no major crisis befalls us, then we'll let this pot of money grow, relying on the magic of compound interest to help us achieve another noble goal.
You be the judge. Is the SELF project the GREATEST LEGACY by this generation of AsAms to our children?
Board Members of 80-20 Educational Foundation:
Alice Huang, Henry Lee, Elaine Su, S. B. Woo, Jing-Li Yu, and Wei-Jing Zhu
PS: To see how we spent your money, click
here for our IRS filings.
To know more about 80-20, view these videos :