May 2014 Message from ACUW Directors – Lois Mui Chair

posted Aug 26, 2014, 3:12 PM by Acuw Hawaii

Greetings, ACUW Members! 

ACUW has received word that the application to the IRS for 501(c)(3) tax status, filed in November 2012, has been reviewed at long last.  The IRS is requesting additional information and ACUW’s response to some specific questions.  This formality is an anticipated part of the review process before final approval is granted by the IRS.  ACUW Director Lynnae Lee, an attorney, has graciously consented to write the response required.   

In exercising due diligence, Elected Directors met on April 8 to gain a better understanding of the IRS review and how we might assist with a timely response to facilitate final approval of ACUW’s application.  Director Lynnae reviewed the IRS Inquiry questions and presented a draft response for discussion and further information.  The Directors greatly appreciate the active participation, knowledge and intelligent exchange of ideas with two officers and several members who played key roles in the preparation of the 501(c)(3) application packet.  Special thanks to Treasurer Patricia Moberly, Member Representative Frances Kramer, 2012 President Susan Lee, Marilyn Wong, Ruth Hirai and Sybil Kyi for their continuing support of ACUW in its quest! 

The new tax status will mean ACUW members and friends may take deductions for gifts made to our not-for-profit organization.  The expected boost in revenues will enable ACUW to carry out our stated mission and purposes more effectively.  

Elected Directors will continue to assist in drafting Policies & Procedures (P&P), looking toward the future and ACUW’s best interests.  Work in progress for Board of Directors (BOD) consideration include: 1) a draft to identify the duties of Standing and Special Committees since they are not stated in the revised Bylaws; 2) identifying specifically who comprise the new composite committees, Communications and Record Keeping; 3) further refining of the Finance P&P.   Existing guidelines and P&P in Committees’ Red Books will continue to be in effect unless in conflict with the Bylaws or until a need to change is determined by BOD action. 

Aloha a hui hou, until our June 7 general membership meeting!  For most of us, it’s been too long a time away from the fun and fellowship that is at the heart of ACUW!