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Subject: FAWCO By-Laws Proposed Change - IMPORTANT

Subject: FAWCO By-Laws Proposed Change - IMPORTANT


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TO               
Dear FAWCO Reps,

It is the responsibility of the Bylaws and Administrative Guidelines Committee to process any proposed amendments to the Bylaws and relate them to the member clubs with three months' notice for a vote at the Conference (March 21-24, 2012). 

In accordance with Article XVI, Amendments, we are asking you to consult with your Board and consider the following proposed change.

PROPOSED BY American Women of the Eastern Province (AWEP)

Article XIV - Financial Administration

Sec. 2. Financial Support

  1. Dues. The amount of the annual dues to be paid by member clubs shall be decided upon at each Biennial Conference and Interim Conference. All dues shall be payable by the last day of February.

Proposed Change: Addition of "and Interim Conference"

Reason for change:

After a careful analysis of FAWCO's dues structure, it was determined that from 2000-2011 FAWCO lost approximately $14,000 due to currency exchange.

This loss was due to three reasons:

  1. The average exchange rate per year from 2000 through 2011 reflected a 37% decrease in the US dollar over the Euro.
  2. Most of FAWCO's dues are received in US dollars, while most of the expenses are made in Euros.
  3. Expenses have gone up over the past 11 years, while dues have remained the same.

FAWCO is sensitive to the clubs need to keep dues to a minimum and has not increased dues over the past 11 years. However, the time has come where in order for the FAWCO Board to continue to serve the members in an efficient and productive manner, we must be able to review dues and if need be, adjust any year not just at Biennial Conference.

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