Monday, March 8, 2021

Kindly pls. take a minute to help 80-20

 

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Kindly Please Take A Minute of Your Precious Time to Help 80-20

     80-20 is conducting a research project of some significance.

     After the project is completed, if 80-20's Board approves of reporting the research conclusion to the public, YOU, who are on our email list, will be the first to know

Q 1: Have you personally experienced a Covid-19 related hate crime against you in the last 12 months?

       If yesplease relate via an email to me. Please state (1) Yes. I had a personal or firsthand experience, & (2) the approximate date, city and state where it happened. 

       Please DO NOT REPORT robbery or theft or extremely minor incidents like a bump against another person while walking, or a presumed dirty look against you, or a person standing up just when you sat down next to hIm, as such a crime. We ask you to report it if and only if you are quite certain that it was a Covid-related hate crime.

Q 2: Has a close relative, or a close friend, or an office colleague who is an AsAm personally told you that he/she has experienced a Covid-19 related hate crime in the last 12 months?

       If yesplease relate via an email to me. Please state (1) Yes. I have secondhand information about an anti-AsAm Covid-related hate crime, & (2) the approximate date, city and state where it happened. 

     Please DO NOT REPORT what you've read or heard from the media. That is considered as thirdhand information. 80-20 is NOT interested in any thirdhand info of such crimes. 

     Thank you very much for taking your precious time to relate a firsthand and/or secondhand Covid-19 hate crime against AsAms to 80-20. 
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To POST click here .

S. B. Woo
President and a volunteer for the past 22 years
80-20 Educational Foundation, Inc, a 501 C-3 organization,
Lieutenant Governor of Delaware (1985-89)

Monday, March 1, 2021

Bloc Vote Won the 2020 Election

 

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Want Political Clout?

     Then follow 80-20's leadership & cast a bloc vote in a presidential primary election in CA in the future!   Using that clout, we'll win eqaul
opportunity.

       80-20 has advocated the above numerous times.  However, the strategy requires such deep understanding of politics that most AsAm voters are understandably not accepting it yet.   Are we disappointed? NO, we persist.   Please read the following to be SHOCKED by how powerful a bloc vote is in the REAL WORLD of the 2020 Election.


Biden would not be our President without the Black bloc vote

(A) REAL world election data of 2020 is used:

     i) The following table is provided by the CNN Exit Poll. It shows that African American community had 13% vote share and voted 9 to 1 for Biden. We use those 2 statistics in preparing section (B) shown below:\
ii) Click here to verify the % of black population in the 50 states, used in (B).
iii) Click here to verify the winning margin of Biden in each state, used in (B).

(B) Biden Would Have Lost the Electoral College Vote Without the Black Vote:
Total number of Electoral College Vote: 79 votes
    Biden’s final electoral vote is 306.  (306 -79) = 227 which is less than 270.  Therefore Biden would have lost the 2020 election, if he didn’t have the blacks voting for him at 90% to 10%.  That is political clout!

Can AsAms Manage A Similar Amount of Political Clout?

     Not the identical amount. However, we can manage a whole lot more political clout, if we shall "cast a bloc vote in a presidential primary election in CA in the future!"

Why in CA? In CA, AsAms have the highest % of vote share - 8%.

Why in a primary? Because only 1/2 to 1/3 of voters vote in a primary. If 
all AsAm voters turn out, then our vote share jumps by a factor of 2 to 3,
giving us a vote share of 16% to 24%. With that kind of vote share, if we
cast a bloc vote, then we can control which presidential candidate will win
the CA presidential primary - that will be ample political clout to win equal opportunity for all AsAms, adults and children.



S. B. Woo
President and a volunteer for the past 22 years
80-20 Educational Foundation, Inc, a 501 C-3 organization,
Lieutenant Governor of Delaware (1985-89)

PS: In last week's e-newsletter, I forgot to state that 80-20 used to hire an accountant to do our IRS filing. Later, 80-20 was fortunate enough to get an AsAm accountant to volunteer to do that job. In recent years, our Treasurer, Wei-jing Zhu, has handled that time-consuming job.

Monday, February 22, 2021

How YOUR $$$ Impacts 80-20 & OUR FUTURE

 


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A Reader Wrote to Request Info

   Hi Mr. Woo, Could you share how donations to 80-20 National are used - how much 
   goes toward fundraising, political lobbying, marketing, education, etc? I'm not in a 
   position to donate a lot, but would like to know more how donations are used. I'd 
   like to help spread the word as well about the organization. Thanks for the work      
   you do. Fenny

MY ANSWERS: How Your Money Was Spent?

     80-20 is just about the most penny pinching, yet dollar wise organization. We'll prove this point to you here.

       80-20 has 7 Board members, all volunteers. They serve two orgs.: 80-20 Educational Foundation (EF), & 80-20 AsAm Empowerment PAC (PAC).

        Most orgs. have meeting, travel & meals expenses. 80-20 has practically none. For almost a decade, we held electronic meetings.  In fundraising, most orgs. incur 10% to 15% of the money raised on overhead. 80-20 incurred none!  We raise funds thru e-mails only.  

     80-20's Board has a noble tradition.  When we raise funds from YOU, we raise it from Board members first.  In our recent SELF II campaign (Self Empowerment Longterm Fundraising II), 3 of the 7 Board members pledged $10,000 per year for 5 years, while the remaining 4 also donated until they hurt, BEFORE a penny was raised from YOU.

     To verify my words, please click on 1 (2012 -2017) and 2 (2018-19) to find our IRS tax filings from 2012 to 2019.  

       Our annual expenditure nowadays ranges from $140K to $200K, depending on the number and nature of special projects we'll hold in a year. The following are fixtures:

a.  Salaries & compensation for interns/contractors                     $95,000
b.  Grants to like-minded orgs e.g. SFFA                             $10,000 to $20,000
c.  Internet Technology and communication                       $15,000 to $20,000   
d.  Special projects e.g. political campaigns & outreach            0 to $30,000    
e.  Others or miscellaneous                                                  $20,000 to $35,000

How much YOU've Donated to 80-20
                  
        Thanks to all of you, we've served and prospered. 80-20 has raised money from AsAms only, because we want YOU to be our only boss! In the real world, he who donates has a say.

        We've raised $ 4,162,883 for EF since 2013. In addition, we've raised
$112,000 for our PAC in the last 3 years. The names & amounts of all EF donations are seen in 1. The names & amounts of all PAC donations are seen in item 5 of 2.

80-20's Asset which is really YOUR Asset

        Your asset was only $0.2 million in 2012, it is now $5 million - a 25 fold
jump in 9 years

   LPL Financial:              $4.63  million
   Chase Bank Account:   $0.23
   Ameritrade:                   $0.09
   AAEPAC:                      $0.05
   Checks on hand:           $0.06
   TOTAL:                       $5.06  million

        From 2013 to today, 80-20 has raised about $4.23 million only, while spending about $1 million during that period. NOTE, however, our asset has grown to $5 million. It was made possible by wise investment decisions by 80-20's Board and excellent financial advice from Charles Zhang, a former Board member.   
 
        Hopefully, our 22 years of tireless toiling has proved to our community that 80-20 is not only penny pinching but also dollar wise!  That is, not to mention our unmatched political courage & knowhow, and our devotion to protect our community's rights.

HowYOUR $5 million will Impact OUR FUTURE?

OUR HOPE: Our community has realized that 80-20 is our best bet to become the AsAm AIPAC, having the same level of political clout but focusing on making AsAms equal citizens only. The $5 million will be the seed money to build a world-class AsAm political organizationThe wealthy AsAms MUST BE more involved. Will Dominic Ng's donation of $50K last week, implying possible similar donations in each future year, be the first of hundreds of wealthy AsAms to donate?


OUR FEAR: The old war horses of 80-20 will fade away, without fulfilling their dream. Our wonderful remaining Board members, try as they may, fail also. YOUR $5 million will be spent 0.2 million each year, doing some good for our community, until $5 million is used up. AsAms will remain 2nd class citizens, because our community doesn't have the political clout. In America, having
power is soooooooo important!

Forward this info to your WeChat group(s); to POST click here; DONATE.


S. B. Woo
President and a volunteer for the past 22 years
80-20 Educational Foundation, Inc, a 501 C-3 organization,
Lieutenant Governor of Delaware (1985-89)

PS: We gratefully acknowledge all donors including
S.K. and Winnie Liu, Walnut Creek, CA:           $10,000.00