Finance Committee
Progress Report (May - November, 2000):
Since May, we have worked hard to
persuade members to pay their dues for the year 2000, by
sending several reminders. We have also asked members who
no longer have an interest in MCS, and who no longer wish
to remain active members of the Society, to inform us;
they are then classified as "inactive" in our records.
This procedure enables us to get a clearer idea of the
functional size of the Society, and also reduces the
number of dues reminders etc. that need to be
sent.
At this point (11-27-00), the
Society Membership is as follows:
Paid
Members: 387
Unpaid
Members: 281 (60 because of wrong
addresses)
Inactive
Members: 45
If you know that you are included in
the group of unpaid members, please either pay your dues
for 2000, or email me that you wish to become inactive
(abaldwin@u.arizona.edu).
In order to assist with payment of
dues, we have set up an On-line Credit Card Payment
System (Linkpoint International, Inc.) on the Society
Website. This service cost us $995 to set up (one time
fee), and is costing $360 per year to maintain.
Transaction fees, paid for by the Society, are: 2.35% +
$0.25 for US and 3.6% + $0.25 for non-US transactions. So
far, 56 members have used this service (19 non-US). This
method of payment is particularly advantageous for
foreign transactions because the transfer is by credit
card in dollars, and so there are no exchange fees. Thank
you to Bob Gore, Holly Lopez and Tracy Pilcher for their
efforts in establishing our Credit Card Payment
facility.
Our financial situation, as of
11-08-00 is as follows:
Bank One checking
account: $40,522.26
Certificate of
Deposit: $77,495.98
Vanguard Asset Allocation
Fund: $91,113.95
Total
Assets: $209,132.19
Thank you to those of you who have
paid your dues.
Ann Baldwin, MCS Treasurer
Historical
Committee:
The Historical Committee is
undertaking a review of our Society's Archives in
preparation for a history of our second 25 years, for our
50th anniversary in 2004. This will complement the
history of our first 25 years written by George
Fulton.
Eugene Renkin, Chair, Historical
Committee
Membership
Committee:
The Microcirulatory Society is now
accepting membership applications on a rolling basis.
Accordingly the membership committee has been receiving
and reviewing applications. Since July, we have received
five applications for regular membership, four
applications for student membership and one application
for associate membership. Two of the regular membership
applications and three of the student membership
applications have been approved. Keep those applications
coming!
Debbie Damon, Chair, Membership
Committee