Message-ID: <002b01be295c$6ba8b0a0$6b6e86a5@default> Date: Wed, 16 Dec 1998 19:27:33 -0600 From: Jerome Katz <mailto:katzja@SLU.EDU> Subject: How are dues handled in international organizations? To: mailto:DEVEL-L@AMERICAN.EDU
Forgive the cross-postings.Since many of you are members of professional organizations that have an international membership, I am curious how your organizations handle the problem of currency fluctuations in assessing dues.
I am an officer of one organization with 1800 members, only 400 of which are in the USA. The organization, however, started in the US, and dues are stated in US dollars. At times, this puts some members at severe disadvantages, such as when a currency gets devalued. We are concerned that the cost of membership could become prohibitive, because of the currency fluctuations.
I am hoping some of the organizations you belong to (or have served as an officer for) have considered such problems. Any experiences, best practices, suggestions or additional issues you think should be considered would be greatly appreciated.
Our goal is to fairly assess our members their dues, deal with the volatility of currencies, and of course, keep adequate revenue coming into the organization for it to continue its mission. Personally, I see the three issues above as given in order, starting with the MOST important.
Please reply to me via email (mailto:katzja@slu.edu). I will summarize and reply to the lists.
Jerome (Jerry) Katz, Murray Endowed Professor, Saint Louis University, 3674 Lindell Blvd., St. Louis, MO 63108 USA, mailto:katzja@slu.edu, 314-977-3864w, 314-275-8721h, 314-275-7513fax, www.slu.edu/eweb