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Re: [RC] Lifetime memberships - Rebecca Fabiszak

I paid $50 for my daughter to have a membership in AQHA until she is 18. When she turns 18, AQHA applies the $50 I have already given them to the $400 it will cost to get Anna her lifetime membership. I think AHA should remove their heads from their collective (fill-in-the blank) Beccy
 
----- Original Message ----
From: Bruce Weary DC <bweary@xxxxxxxxxxxx>
To: ridecamp <ridecamp@xxxxxxxxxxxxx>
Sent: Wednesday, January 24, 2007 7:42:26 AM
Subject: [RC] Lifetime memberships

Hi Mike--
  One idea might be to have a limited time offer of $1,000 for a
lifetime membership in AERC, to include a list of the things it entitles
the member to. (These could even be paid over time on a credit card). If
only 500 members (about 8%) of the membership took advantage of this, it
would raise $500,000 that could be invested in a stable financial
vehicle which would, itself, return a renewable $25-40,000 a year to
AERC. These monies could fund needed research and other worthy projects.
Meanwhile, the other growing 92% of the membership would continue to pay
their annual dues, and hopefully AERC's general budget wouldn't suffer
from the loss of the annual dues of the 8% permanent members.
  I'm not an accountant, though. Does this make any sense?    Dr Q

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