Dear Fellow Asian Americans:
Please accept my deepest apology. It is my sad duty to inform you that
the Boards of 80-20 voted unanimously to cease the operation of 80-20
PAC on Oct. 25, 2015, should SELF fail to reach its goal of raising $1
million per yr. and 5 yrs., as anticipated. This decision is final.
We want to THANK those of you who have
read and forwarded many of 80-20's e-newsletters,
responded to some of 80-20's calls-to-actions,
joined as PAC members, and
donated generously and selflessly to SELF.
We are NOT giving up on saving the PAC. We still hope that once our
community knows that PAC SHALL DEFINITELY die if SELF fails, AsAms
may yet in the remaining 3.5 months open their pocketbooks and help SELF
reach its goals. We know that the chance of a last minute rescue is small,
probably less than 1 in 10. However, we'll still do our best.
DONATE to SELF, Self Empowerment Longterm Fund.
Many of you, who have worked hard to serve AsAms by saving PAC, may want to know more DETAILS of our decision. We owe you that. They are provided as FOOTNOTES, below my signature.
Sincerely yours,
S.B. Woo
President, a volunteer for the past 16 years,
The 80-20 Initiative.
FOOTNOTES:
(1) What does the Demise of PAC mean?
PAC shall cease all its activities, including endorsing or opposing any political candidates, but its website shall be kept alive by 80-20 EF. We want to remind the AsAm community how much we together got done, with our puny resources.
In addition, the current Life Members list and Membership list will remain proudly in display. The AsAm community should remember the names of these valiant persons who have scarified greatly to keep PAC alive for 16 years.
(2) Donation to SELF Refunded in Full, If Requested
Should the anticipated eventuality happen, EF shall keep its promise to refund all donations in FULL, if requested. After Oct. 25, 2015, EF shall send 2 emails
and one postal mail (certified to those who have donated $1,000 or more) to donors inquiring if he/she desires a refund and where 80-20 shall send a check to.
(3) Details of 80-20's Decision Process and Procedure
First, the Board of EF voted unanimously to inform the Board of PAC that SELF would likely fail. As a result, EF could not have the resources to hire highly qualified staff, to be trained by S. B. Woo, whom PAC may share for its needs during election seasons. In response. PAC deemed that without highly qualified staff, PAC cannot be effective in the rough and tumble world of election politics , after S. B. Woo has retired. Therefore, PAC's Board has voted unanimously to cease all operations on Oct. 25, 2015, if SELF fails.
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As the president of both EF and PAC, I bear the largest responsibility for the anticipated demise of 80-20. My deepest apology to you all.
To find the current status of SELF, click here.
