A
Board of Donors is to be elected
A
Board of Donors, BOD, will be elected by donors
to our Self
Empowerment Longterm Fund, SELF project. BOD's functions will be:
Empowerment Longterm Fund, SELF project. 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>
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
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
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.
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.
We
either win rights TOGETHER or lose rights SEPARATELY.
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.
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?
As soon as the total donation to SELF reaches $300,000/yr for 5 years.
The current total is $256,000. We are still $44,000/yr short. We hope
that WITH YOUR HELP we can reach $300,000/yr in about 30 days.
The current total is $256,000. We are still $44,000/yr short. We hope
that WITH YOUR HELP we can reach $300,000/yr in about 30 days.
Aim high & think big! Pitch in to get the AsAm
community
UNITED! UNITY is our salvation. DONATE here to help achieve UNITY.
UNITED! UNITY is our salvation. DONATE here to help achieve UNITY.
Respectfully,
S. B. Woo, a volunteer President, 80-20 National Asian American Educational Foundation, Inc.
