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Originally Posted by Boodleboy322
Very interesting stuff Gentlemen. The National Office pointed out that past alumni association dues had accrued over the years and the money wasn't being used. This point justified reducing the dues to an annual $5.00 contribution. That contribution would give the alum a 1 year subscription to the fraternity's national magazine publication. This was one argument that stirred the pot with some alums. Some alums felt that the residual gains could be used to benefit the fraternity for other use in the brotherhood while others said it could be used to promote alumni associations. The caveat is that the other monetary use the additional gains could be used for are already being facilitated by current offices at NHQ. In my opinion there's no such thing as having too much money. Worst case it could be invested into an endowment, scholarship fund, or be put into a Security. I know there's some red tape with the ladder for non-profit organizations. Grrrr.
Currently, our local alumni association is debating whether to keep the past due amount in place and put the extra funds into the association's account. An argument is also in the works that says that we could possibly increase membership in the local association by sticking to the $5.00 magazine contribution alone like NHQ is suggesting. Historically the local association has never had an issue collecting money from any active alumni members. In the past the association would send a percentage to NHQ and put the rest in the local account to be used for our own projects, goals, and donations. One good point about cutting down the local dues to the 5 dollar amount is that it will allow brothers that can't ordinarily attend the monthly meeting to feel included in the membership and have a vote on business when they can attend. They will also be in good standing as an alumni association member. Those brothers can still help out the organization by facilitating projects via the web, conference calling, etc. Both points are valid in my opinion. Our alumni association is a regional organization for brothers living in the Dallas/Ft Worth Area. We have a few active members that pay dues but only show up once a year. These guys live in surrounding states like Oklahoma.
It will be interesting to see what happens. Our next meeting is this Sunday. I will let you all know what we decided to do.
Fraternal Regards,
Boodleboy322
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This is still interesting to me and I really cannot fathom asking for Alumni dues.
As I stated before, we as Alums are asked for donations only.
Our National Magazine has always been free to all initiated members. But, because of the cost of printing and members not giving proper updates for mailing, LXA went to an electronic magazine which has proven to work out nicely and is saving @ $250,000.00 a year or 1 Million every two years.. While it may not sound like much, it is a savings that can go else where more needed. Our Executive Director said in the last one that other organizations have contacted us asking about it.
While I have donated some money over the years to IHQ, most of my donations go to my chapter in many ways for them to spend for what they need.
Still an interesting topic to see how others work.
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