Fraternity-Testvériség, 1995 (73. évfolyam, 1-4. szám)
1995-01-01 / 1. szám
Page 4 TESTVÉRISÉG President's Corner continued from page 3 THE FEDERATION and its hroughout its history, the Federation was always involved with its youth, not only through the foster home, which was established in 1921 in Ligonier, Pennsylvania, (where we raised and provided for more than 1500 children from 1921 to 1978), but also through the summer school programs which started in 1931. In 1968, the 18th Convention resolved that the Federation establish its own youth camp, and directed the Executive Committee to transfer $30,000 from its surplus for this purpose. The motivation behind this move was to re-establish and widen the contact with our juvenile members. Several proposals and recommendations followed, i.e. to buy or not to buy new premises; to rebuild and develop the bam area on the grounds of the Bethlen Home, etc. None of the proposals, however, were carried out. Therefore, upon recommendation of the Comptroller and some Board Members, the next Convention in 1972 SCHOLARSHIP PROGRAM transferred the money, originally earmarked for the youth camp, to the Student Aid & Loan Fund. The Federation incorporated its Student Aid & Loan Fund in 1977. Section 501(C)(3) of the IR Code of 1954 reads: “..............to give financial aid and assistance to deserving, needy students entering or attending college or other types of professional institutions above the high school level, provided such institutions are accredited by their state educational authorities.” Through the years the requirement to receive Student Aid changed. Presently, we grant $500 to all applicants who are members of the Federation for at least 5 years. They must be enrolled in an accredited college or professional institution, and they must be in their 2nd, 3rd or 4th year of college. In the past 22 years, we disbursed approx, one-quarter million dollars through the Student Aid & Loan Program of the HRFA, benefiting more than 550 applicants. George Dózsa, President PRODUCTION CONTEST JANUARY to JUNE 15, 1995 The following prizes will be awarded to agents when they recruit new members as follows: 1st PRIZE For every 50 new members or more: One round trip air fare to Hungary 2nd PRIZE For every 30 new members: A monetary bonus of $400.00 3rd PRIZE For every 20 new members: A monetary bonus of $250.00 4th PRIZE For every 10 new members: A monetary bonus of $100.00 EXCLUDED FROM THE CONTEST ARE: ALL PROFESSIONAL AGENTS AND JUVENILE TERM POLICIES TO AGE 25
