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

                                         BUNDLE 2: HALEK FUND PROPOSALS
       58       Article IV | Finance             Striking: Section F. 9           Delete
                Section F. Funds
       Consent The Delta Kappa Gamma Society     Renumbering as needed.
                International Funds
                  9.  The Loretta Halek Memo-
                  rial Fund - international only
                  The Loretta Halek Memorial
                  Fund for program resources is a
                  memorial established in 1974 to
                  Mrs. Loretta Halek, first program
                  coordinator of The Delta Kappa
                  Gamma Society International.
       Rationale: This fund no longer exists and therefore does not need to be included in our governing documents. Fiscal Impact: None.
       Submitted by Dr. Margie Nowak, chair, on behalf of the International Finance Committee, and Carolyn Pittman, Past International
       President. Administrative Board Recommendation: to adopt.
       59       ISR 4 | Finance                  Striking: 4.59                   Delete
                4.5 International Funds
       Consent 4.59 Loretta Halek Memorial Fund  Renumbering as needed.
                for program resources
                     a.  Investment income from
                     the fund shall be used for pro-
                     gram resources. The appro-
                     priate professional staff shall
                     recommend to the Finance
                     Committee expenditures from
                     the fund.
                     b.  The principal of the
                     fund shall be kept as a
                     Society investment with
                     only the investment income
                     available for use.
       Rationale: This fund no longer exists and therefore does not need to be included in our governing documents. Fiscal Impact: None.
       Submitted by: Dr. Margie Nowak, chair, on behalf of the International Finance Committee, and Carolyn Pittman, Past International
       President. Administrative Board Recommendation: to adopt.
                                             BUNDLE 3: FUNDS PROPOSALS
       60       Article IV | Finance             Striking: Section F.2, 4, 5, 6, 7, 8,   Article IV | Finance
                Section F. Funds                 9, and 10.                       Section F. Funds
       Consent The Delta Kappa Gamma Society                                      The Delta Kappa Gamma Society
                International Funds              Renumbering: 3 to 2              International Funds
                  1.  The Available Fund - all                                      1.  The Available Fund - all
                  levels                         Inserting a new: 3. The 501(c)(3)   levels
                  At each level this fund shall   funds that support the work of the   At each level this fund shall
                  be the operating fund and shall   Society are entrusted to the foun-  be the operating fund and shall
                  require a budget.              dation.                            require a budget.
                  2.  The Scholarship Fund - all                                    2.  The Permanent Fund - inter-
                  levels                                                            national and state organization
                     a.  The Society and each state                                    a.  The Society and each state
                     organization shall maintain a                                     organization shall maintain a
                     scholarship fund for the bene-                                    permanent fund.
                     fit of members. A chapter may                                     b.  The Society shall set aside
                     maintain a scholarship fund.                                      for its Permanent Fund

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