Q: Congratulation. Are you pleased?
A: The feeling is PROUD. 80-20 is so PROUD of the 200 wonderful individuals who responded to our appeal and achieved the $350,000/yr for 5 years goal by 9/30/2014. They did it with 7-days to spare. Proud of them!
Q: So when will the election of Board of Donors (BOD) be?
A: As soon as we have 10 or more candidates, we'll set a date to elect slightly less than 10 so that it will be a real election. Hopefully it will be around 10/21/2014 - first anniversary of SELF. We welcome self nomination. To know more about the BOD, click here. BOD is important. It also has its own funding.
Q: What do you mean by "real goal failing"?
A: The real goal is to reach $1 million/yr for 5 years in 2 years. 11 months have passed. If we are on target, we should have raised $458,333/yr. Hence, there is another way to look at our $350,000/yr "success". We are failing! We are 24% behind our schedule.
Q: You are the president of Woo's Foundation (WF). If SELF is so much behind target, why are you giving away 1/3 of WF's total asset to chase a small goal, when the real goal is failing so badly?
A: Board members of 80-20 believe in trying harder when things go bad. Proudly, board members of WF feel the same way. We believe that WF's sacrifice, together with sacrifices of 1400 donors to SELF, may perhaps set small examples for other Asian Ams to step forth, and help achieve the
REAL goal - $1 million/yr for 5 years by 10/21/2015.
Q; 80-20 practices "When the going gets tough, the tough gets going"?
A: Yes. America is the land of the free and home of the brave.
Q: What if SELF fails to reach $1 million/yr for 5 years by 10/21/2015?
A: 80-20 will likely demise. Not a single penny of the $561,799 that 80-20 has received was spent. All donations will be refunded in full.
Q: Can you end this e-newsletter with a more cheerful message? :-)
A: Love to. Don't stop donating! Keep the momentum going. If SELF (Self Empowerment Long-term Fund) can reach $400,000/yr for 5 years by 10/21/2014 i.e. a daily donation influx of $1,700 for 27 days, I am 90% confident that SELF will succeed at the end!
More significantly, when the word spreads that the Asian Ams are willing to sacrifice to such an extent to empower ourselves, America will greatly increase its respect for Asian Ams. Much of our problems will automatically go away!!!!
Q: Right! The implication of this willingness to sacrifice for the
benefit of the whole will solve most of our problems automatically.
How can we raise another "$50,000/yr for 5 yrs in 27 days"?
A: It's take noble individuals. Everyday, 17 such individuals will need to step up and donate $100/yr for 5 years, or 1 person to donate $1000/yrfor 5 years, and 7 others to donate $100/yr for 5 years or some other such combinations. Make your money TALK loudly for yourself through 80-20! It is cost- effective. To DONATE, click here. THANK YOU.
S. B. Woo, a volunteer
President, 80-20 National Asian Am. Educational Foundation, Inc.