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2022 Proposed Amendments Mar/Apr 2022 | Vol. 79 No. 2

GROUP V. FUNDS / FINANCES (19 TOTAL: 15 CONSENT, 4 FLOOR)

BUNDLE 1: INDUCTION FEES PROPOSALS
55 Article IV | Finance Striking: Section B. 1 Delete
Section B. Fees
Consent 1. Induction Fee
An active member shall pay
an induction fee at the time of
induction.
Rationale: The induction fee, formerly an initiation fee, goes back to the beginning of the Society when records were kept by hand.
There is no need to burden potential members financially with this fee at the state and chapter level. Fiscal Impact: Minimal fiscal
impact. Submitted by: Louann Shrader, Omega Chapter, PA, and Dr. Margie Nowak, chair, on behalf of the International Finance
Committee. Administrative Board Recommendation: to adopt.
56 Article IV | Finance Striking the words: “induction fees Article IV | Finance
Section F. Funds and” Section F. Funds
Consent The Delta Kappa Gamma Society The Delta Kappa Gamma Society
International Funds International Funds
3. The Permanent Fund – inter- 3. The Permanent Fund – inter-
national and state organization national and state organization
b. The Society shall set b. The Society shall set
aside for its Permanent Fund aside for its Permanent Fund
twenty-five percent (25%) of twenty-five percent (25%)
its induction fees and annu- of its annual dues until the
al dues until the total of the total of the current assets in
current assets in its Permanent its Permanent Fund is not
Fund is not less than thirty less than thirty percent (30%)
percent (30%) of its Available of its Available Fund annual
Fund annual income, at which income, at which time further
time further allocations shall allocations shall be made as
be made as provided in the provided in the International
International Standing Rules. Standing Rules.
Rationale: The induction fee, formerly an initiation fee, goes back to the beginning of the Society when records were kept by hand.
There is no need to burden potential members financially with this fee at the state and chapter level. Fiscal Impact: Minimal fiscal
impact. Slight reduction in fees received by state and chapter. Submitted by: Dr. Margie Nowak, chair, on behalf of the International
Finance Committee, and Louann Shrader, Omega Chapter, PA. Administrative Board Recommendation: to adopt.
57 ISR 4 | Finance - General Striking: 4.21 Delete
4.2 Fees
Consent 4.21 Induction Fee
a. The induction fee shall be
ten dollars (U.S. $10).
b. The induction fee shall be
allocated:
Chapter. . . . . . . . . . .U.S. 7.50
State Organization. . U.S. 2.50
Rationale: Change reduces cost incurred for new members. A member becomes a member when dues are paid. Fiscal Impact: No
impact at international level. Slight reduction in fees received by state and chapter. Submitted by: Dr. Margie Nowak, chair, on
behalf of the International Finance Committee. Administrative Board Recommendation: to adopt.

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