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By law changes

Please read the changes and be prepared to vote on Oct. 8.

Page 66  Article VI.  Officers/Directors
            A The officers of this corporation…in the last line after Treasurer, insert “Assistant Treasurer.”
Add: “The Executive Board shall be comprised of these elected officers.”
            B.  Add the word “Executive” before the word, “Board”
            C. Add the word, “Executive” before the word, “Board”
Page 68 Article VIII Responsibilities of Officers/Directors.
Page 69 Articles VIII
               F.  Treasurer.  In the first line, after (Checking) insert “the Marianne Timmins Memorial Fund (Certificate of Deposit),”
Add:    G. Assistant Treasurer.  She shall assist the Treasurer in collecting and counting money and attendance at Luncheons and collect money due from members who made reservations but did not attend.  She shall assist the Treasurer in making deposits to the Operating Account when necessary.
Change “G Benefit/Scholarship” to  “H. Benefit/Scholarship”
In the second line, after the word “accounts” insert “Diamond Award Legacy Fund and”
In the fourth line after “Finance Committee” add in March.”
After that, insert “At the end of the Fiscal Year she shall turn over her books to the Treasurer for submission to the CPA”
Page 70   Article X  Financial
            D. Corporation Funds
                        1. Operating Fund.
                                    a. Replace at the end of the line the word “not” with the words “never receive funds from any of the other corporation funds or accounts.”
Page 71  Under c. at the top of the page remember that we voted to change June 30 to April 30.
Page 72   Under c. insert the word Benefit/ before the word Scholarship and delete the words, “and ii,”  ii delete this item

Standing Rule Changes: Article V. Committee

V.  Committees
A   Finance Committee.  The Finance Committee shall be composed of the current and all past Presidents, the current Treasurer and Benefit/Scholarship Treasurer, and the Assistant Treasurer.  The Chairman shall be appointed by the current President.

  1. The committee will review proposals from the treasurers for budgets for the ensuing year, make changes or additions as needed, and present the proposed budgets in April to the Board, who will review them and make additions or changes as desired, and present the final budget proposals to the membership for approval in May.   

  2. Make recommendations to the Board for the amount of money to be awarded for scholarships from the Benefit Account, the Diamond Award Legacy Account and the Marianne Timmins Memorial Fund.

  3. Make recommendations to the Board for the amount of money to be awarded for Sorority Member Scholarships from one year’s interest from the Endowment Fund.

B.  Scholarship Committee.   The President and the Scholarship Chairman shall appoint a scholarship committee to interview and select candidates.

  1. Coachella Valley Alumnae Scholarships shall be awarded from the Benefit/Scholarship Account to desert area young women who are graduates of local public high schools and who will attend a four-year college or university.  Selection is based on academic merit, financial need, school activities, and community involvement.

  2. The Marianne Timmins Memorial Scholarship shall be awarded from one year’s interest to the Marianne Timmins Fund to a desert area young woman who is a graduate of a local public high school and who will attend a four-year college or university.  Selection is to be based on a strong financial need, academic merit, school activities, and community involvement.

C.  Sorority Member Scholarship.  Coachella Valley CVAP scholarship awardees who have been initiated into a National Panhellenic Council member group shall have the opportunity to apply for  scholarship aid from one year’s interest received from the Endowment Fund according to the criteria established above.