GSTS Alumni Association of North America Bank of America P O BOX 25118 TAMPA, FL. 33622 1-407-496-4760
OR ANY BANK OF AMERICA BRANCH WITH ASSOCIATION ACCOUNT #.
No goods or services are provided in consideration, in whole or in part, for the contribution other than the benefits of the association as stated in the charter. Donations are tax deductible. Contact your tax accountant for further advice.
Lifetime Membership:
a) The amount for Lifetime Membership will be derived from the following formula: 20yrs times the current annual dues. For example, a member wanting to become a lifetime member, today, will have to pay $2000.00 (20yrs x $100.00/yr).
b) Those aspiring to be lifetime members will continue to pay their annual dues in addition to the sum for the lifetime membership until all payments are received within the time frame decided by the committee and accepted by the general body. Members will have up to 4 years to complete payment of the total sum; with a quarter of the amount being paid in the first year and half in the second year, three-quarters in the third year and the remaining amount in the last year.
c) Members whose employers match their contribution will be given the credit for said match up till the sum for the lifetime dues is fulfilled [as any member who pays or raises $2000.00 via employer-match-up contributions becomes a lifetime member]. Should the match up contributions continue in the ensuing years, members will have the right to decide where those contributions are to be allocated.
d) Where a member is unable to fulfill his obligation prior to the expiration of the time limit of 4 years, member will be given the opportunity to put; the amount already paid; where they so desire. In such cases, members will be given the opportunity to also use the amount collected toward future dues.
e) Members, who find themselves as described in d), will have to start from the beginning if they so desire to attain lifetime membership and will begin a new timeline of 4 years to meet such obligation.
