[23019] in APO-L
[APO-L] It's all 'bout Da MONAY!!!!
daemon@ATHENA.MIT.EDU (Vehlow, Richard)
Thu Oct 24 08:59:28 2002
Date: Thu, 24 Oct 2002 08:59:10 -0400
Reply-To: "Vehlow, Richard" <Richard.Vehlow@OGS.STATE.NY.US>
From: "Vehlow, Richard" <Richard.Vehlow@OGS.STATE.NY.US>
To: APO-L@LISTSERV.IUPUI.EDU
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Between hiking the initial fee and adopting my proposal to send the T+T by
email to those who want it, I predict a windfall for the fraternity.
If I had known that there were proposals to alter fees, I would've suggested
this: a one-time option on initiation for an active to become a life member
for $40. Let's do the math: There's what- 30,000 life members or so? Out of
a fraterinty pushing 300,000, and almost half of which were initiated after
1980, which may be when Life membership was activated, i think? If 20% of
initiates sign up for life membership each year- 2/3 at $50 and 1/3 at $100,
and under this proposal, over half would opt to sign up at $40 with 10%
doing it later on at $50 and 10% at $100, let's work this out:
Based on 1/2 of the approximate AAMD of 15000 annually: (7500 pledges):
.50x7500x$40 + .10x7500x$50 + .10x7500x$100 = $150,000 + $37,500 + $75,000
=$262,500 annually
vs.
.20 x 7500 x (2/3x$50 + 1/3x$100) = .20x7500x$67= $100,500.
An approximate projected gross gain of $162,000 annually for life
membership.
Encourage these new lifers to get the T+T by email, and the savings should
put the net gain for life members at $150,000, say.
This is in addition to the savings suipposedly realized by the existing fee
shift/hike proposals.
Plus the other potential long-term benefits: more life members = more
participatory alums down the road = better service and better alum assoc =
better resopurces to chapters = possible better rush, recruitment and
retention = mo' money for the national org.
It's not even N'Orleenz yet and I'm already starting on legislation for
2004! :)
-Rich Vehlow
section88 fellowship coordinator
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<TITLE>It's all 'bout Da MONAY!!!!</TITLE>
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<P><FONT SIZE=3D2>Between hiking the initial fee and adopting my =
proposal to send the T+T by email to those who want it, I predict a =
windfall for the fraternity.</FONT></P>
<P><FONT SIZE=3D2>If I had known that there were proposals to alter =
fees, I would've suggested this: a one-time option on initiation for an =
active to become a life member for $40. Let's do the math: There's =
what- 30,000 life members or so? Out of a fraterinty pushing 300,000, =
and almost half of which were initiated after 1980, which may be when =
Life membership was activated, i think? If 20% of initiates sign up for =
life membership each year- 2/3 at $50 and 1/3 at $100, and under this =
proposal, over half would opt to sign up at $40 with 10% doing it later =
on at $50 and 10% at $100, let's work this out:</FONT></P>
<P><FONT SIZE=3D2>Based on 1/2 of the approximate AAMD of 15000 =
annually: (7500 pledges):</FONT>
</P>
<P><FONT SIZE=3D2>.50x7500x$40 + .10x7500x$50 + .10x7500x$100 =3D =
$150,000 + $37,500 + $75,000</FONT>
<BR><FONT SIZE=3D2>=3D$262,500 annually</FONT>
</P>
<P><FONT SIZE=3D2>vs.</FONT>
</P>
<P><FONT SIZE=3D2>.20 x 7500 x (2/3x$50 + 1/3x$100) =3D .20x7500x$67=3D =
$100,500.</FONT>
</P>
<P><FONT SIZE=3D2>An approximate projected gross gain of $162,000 =
annually for life membership.</FONT>
</P>
<P><FONT SIZE=3D2>Encourage these new lifers to get the T+T by email, =
and the savings should put the net gain for life members at $150,000, =
say.</FONT></P>
<P><FONT SIZE=3D2>This is in addition to the savings suipposedly =
realized by the existing fee shift/hike proposals.</FONT>
</P>
<P><FONT SIZE=3D2>Plus the other potential long-term benefits: more =
life members =3D more participatory alums down the road =3D better =
service and better alum assoc =3D better resopurces to chapters =3D =
possible better rush, recruitment and retention =3D mo' money for the =
national org.</FONT></P>
<P><FONT SIZE=3D2>It's not even N'Orleenz yet and I'm already starting =
on legislation for 2004! :)</FONT>
</P>
<P><FONT SIZE=3D2>-Rich Vehlow</FONT>
<BR><FONT SIZE=3D2>section88 fellowship coordinator </FONT>
</P>
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