<VV> More on Idea number 1
airvair at earthlink.net
airvair at earthlink.net
Sun Feb 15 18:24:30 EST 2009
Interesting idea. The Grand Lodge of Ohio (Masons) has just such a program,
as does the Grand Council of R&SM of Ohio (and maybe some other Ohio
Masonic bodies). It's called "endowed memberships" and it works this way.
You pay a pro-rated (according to your age) amount, and that money is
invested by the Grand Body. Then your dues are paid out of the return on
that investment. When you die, the money keeps on benefiting the
organization in perpetuity. Over the long haul, it works to everyone's
advantage.
-Mark
> [Original Message]
> From: <BobHelt at aol.com>
> Subject: <VV> More on Idea number 1
>
> Set CORSA up as a non-profit so that contributions can be made to it.
Then
> ASK that members include CORSA in their wills. Ask for money to be left
to
> CORSA. Set up endowment programs like the charities do who receive large
cash
> investments and return small payments over time to the investors. Then,
present
> the financial problems to the members and again, ASK for contributions
from
> current members (while still alive). Run a regular program of asking for
> contributions just like PBS does and all the charities do. Ask the
Chapters to
> help.
>
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