Dues
Increase Proposal
At the
NFRW Spring Board of Directors meeting in March, the NFRW board
approved a measure to raise the national dues by $2.00. The measure
then was approved by delegates to the NFRW's 35th Biennial Convention
in Orlando.
Effective January 1, 2010,
national membership dues will be $10.00 per member.
The NFRW asked delegates to consider the following in determining
their votes:
Both the NFRW’s investment specialist and the NFRW’s independent
auditor have strongly recommended a dues increase.
This is a modest increase, considering that it now costs approximately
$13.00 per year to service each member.
Historically, the NFRW’s operating capital has come from three
sources: fundraising, the Regents Program, and member dues. With
severe declines in fundraising and the Regents Program —which largely
can be attributed to the difficult economic climate and changes in
political power in Washington, D.C.—the NFRW is now operating almost
exclusively from member dues.
The NFRW already has cut expenses dramatically, including downsizing
staff.
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