April 1996 Issue of AFCPE Newsletter

April 1996 Issue of AFCPE Newsletter

April 1996 Issue of AFCPE Newsletter

Table of Contents

Judge McGee-Brown Speech Highlights

President’s Column

AFCPE Business

Recommendations for AFCPE Distinguished Fellow Sought

Journal and AFCPE Web Sites

1996 Annual Conference

Proceedings Editor Named; New Rules for Submission

Call for Nominations: Awards

1995 Awards

AFCPE Awards List

Practitioner’s Forum

Literature Review


Author’s Corner


Instructions for Award Nominations

AFCPE Officers Job Descriptions

Book Reviews

Bulletin Board

Who’s Who in AFCPE

Judge McGee-Brown Highlights Financial Aspects of Divorce

Summarized by Sharon Burns, 1995 AFCPE Annual Meeting Program Chair, based on Judge
McGee-Brown’s presentation at the 1995 AFCPE meeting.

Yvette McGee-Brown, one of four Franklin County, Ohio Domestic Relations
Judges, gave a notable presentation concerning the financial aspects of
divorce. Many attendees suggested that time with her was too short. She
spoke from a practical, theoretical and judicial standpoint about the financial
issues in a divorce and the factors she considers when making her rulings.

The three major financial issues in a divorce are child support, spousal support (alimony, in some
states), and dividing the marital assets and debts. In most states child support is determined by
State statute (guidelines). These guidelines consider the number of children and the income of the
parents. Divisions may be allowed, but must be based on good cause.

Alimony or spousal support is not given in all cases. The judge was clear that in most cases the
income of the parties cannot support both new households at previous lifestyle levels. Often, the
debts of the marriage affect the spousal support awards in a negative way. In effect, the debt
swallows much of the future income.

Judge McGee-Brown suggests that both parties should expect to work after the dissolution of the
marriage. She often evaluates the need for “rehabilitative” support which allows a non-working
or underemployed spouse support for a period of time to develop or increase employment skills.

In long-term marriages (over 20-25 years) Judge McGee-Brown will consider “permanent”
support. This support is dependent upon the income earning abilities of the parties, age of the
parties, length of marriage, the distribution of assets and other factors. She is also one judge who
considers equalizing the after-tax income of the parties from long-term marriages. The division
of the marital assets and debts is particularly difficult in many cases. In dividing the debt, one
must consider what income the parties have to make debt repayments and the “matching” of debt
and property.

The two largest assets of marriages are houses and pensions. The decision of who retains the
marital residence or if it is to be sold is often based on the ability to afford the monthly mortgage
and operating costs, and the value of the equity in the home.

The present value of future pension benefits are often shockingly high. These values need to be
included in the balance sheet. Many state pension plans (STRS and PERS) are not divisible by
court orders (Qualified Domestic Relations Orders). Therefore, offsetting them with other assets
causes problems.

Many couples and attorneys forget the tax implications of property division. Ohio law and Judge
McGee-Brown consider the after-tax value of property when making distributions. However,
many attorneys and clients either forget to consider or don’t give adequate weight to the income
tax implications of their decisions. This mistake can be very costly.

Judge McGee-Brown stated that many divorcing individuals should search for attorneys with
good business knowledge or get financial advice during the process. This area is ripe for
counselors with good financial knowledge and negotiating skills.

President’s Column

Esther M. Maddux, CFP, University of Georgia

Welcome to the 1996 Board of Directors – Flora Williams, Past President;
Esther Maddux, President; Karen Varcoe, Vice President; Michael Rupured,
Secretary; and Nancy Porter, Treasurer. Board Members at Large are Dean
Brassington, Sharon Burns, Grady Cash, Judith Cohart, Barbara O’Neill,
and Fred Waddell. Ruth Helein with Administrator’s Inc. serves as AFCPE
Executive Director and Mary Stephenson is the Director of the Institute for
Personal Finance.

Click here for an electronic nomination form for your 1997 Board of Directors. We need candidates for President, Treasurer, and three Board Members at Large.

Take the time to nominate someone. Your Board serves to represent your interest, but we need your participation.
As your President, I heard some complaints about the composition of the slate of officers on the last ballot. The
nominating committee and the Board work hard to present a slate that represents our total organization. If you have
expressed concern about the slate of officers, this is your opportunity to have input. If I hear concern expressed, I
will ask if you completed your nomination form and submitted it.

To nominate someone, ask them if they are willing to serve. Then submit their qualifications.

Karen Varcoe reports that 32 people responded to the location survey in the last newsletter. Thank you respondents.

Announcements and questionnaires that go out in the newsletter are your
opportunity to be heard. Please use these opportunities. Your input is helpful as we make decisions.

Thought for the day: If I am not getting what I want or need, the solution has to come from within me. I have to
look inside and see what behavior needs changing to get what I need, not hold someone else responsible.
Acknowledge the feeling. Identify the issue that led to the feeling. Express feelings appropriately. Resolve the issue
by clarifying facts. Consider these questions:

What about this situation is frustrating me?

What is the real issue I need to address?

What am I thinking and feeling?

What do I want to accomplish?

Who is responsible and what are they responsible for?

What specifically needs changing?

What am I willing to do?

AFCPE Business

Universities Registered By AFCPE

The Committee on Registration and Accreditation of College and University Programs met at
the Annual Conference and extended the period of registration from three to five years. They also
designed registration categories for institutions based on degrees and courses in the program.
Categories are:

PF – personal/family finance course only-undergraduate or graduate

FC – financial counseling course only-undergraduate or graduate

PF&FC – both personal/family finance and financial counseling courses-undergraduate or graduate

UGRM – undergraduate related major

UGM – undergraduate major in personal/ family finance or financial counseling listed in institution bulletin

GD – graduate degree in personal/family finance or financial counseling

UGM&GD – both of the above

Since the article in a previous newsletter about registered programs, five additional universities
and their categories listed below have met the AFCPE requirements for registration. These
universities and programs in personal finance/ financial counseling education will be registered
with AFCPE from 1996 to 2001.

Mankato State University, Chan H.Lee, UGRM

The University of Alabama, Milla Boschung, UGM

University of Arkansas, William Bailey, PF

University of Massachusetts, M.J. Alhabeeb, UGM

University of Rhode Island, Joan Gray Anderson, UGRM

Universities registered in 1995 will have their registration extended to year 2000 for a total of
five years. The institutions and their categories are:

Iowa State University, UGM

Michigan State University, UGRM

North Dakota State University, UGRM

The Ohio State University, UGM&GD

Oregon State University, USM&GD

State University of New York at Oneonta, UGRM

University of Georgia, PF&FC

University of Illinois at Urbana-Champaign, PF&FC

The University of Manitoba, PF&FC

University of Nevada-Reno, PF&FC

Utah State University, UGM&GD

Virginia Polytechnic & State University, UGM&GD

The committee will mail information on registration to AFCPE members employed by colleges
and universities during the spring semester. Completed applications for registration for 1997-2002
will be due October 15.

The accreditation procedure is still being developed. Materials for accreditation will be sent to
AFCPE members in institutions as soon as they are available.

Members of the committee are Celia Hayhoe, Craig Israelson, Lauren Leach, Jean Lown, Ruth
Lytton, Kathy Prochaska-Cue, Rosemary Walker, and Virginia Rowland, Chair.

Click here to find out about the new book review editor for the Financial Counseling and Planning Journal

Recommendations For AFCPE Distinguished
Fellows Sought

President Esther Maddux asks the membership to make
recommendations of people for possible designation as a
Distinguished Fellow of AFCPE.

The criteria for the award are that the nominee must:

(1) have provided exemplary long-standing service to AFCPE;

(2) be a nationally recognized leader in the field of financial counseling and planning
education; and

(3) have displayed high standards of professional and ethical conduct throughout his/her
professional career.

Persons making nominations should provide the name of the
nominee and his/her current mailing address and telephone number,
a descriptive outline of the accomplishments of the nominee in
relation to the criteria, and provide your address and telephone
number. Nominees may be contacted for additional information.
Please forward recommendation(s) to Ruth Helein, AFCPE
Executive Director, by May 31, 1996.

Journal and AFCPE Web Sites

The Financial Counseling and Planning World Wide Web pages
have been expanded to include academic positions related to family
finance. As of Feb. 26, there are four positions listed.

The Journal Web address is:


Editor’s note: Web address in January 1996 Newsletter is incorrect.

One of the choices in the journal web page will take you to the new AFCPE
web pages, created by Grady Cash and Sherman Hanna. To
go directly to the AFCPE Home Page:


Among other items, it is possible to submit a change of address form, if one
includes both old and new addresses.

1996 Annual Conference

We are beginning to plan for the 1996 Annual Conference to be held in
Grand Rapids, Michigan. The Annual Conference will be held from
November 13-16, 1996. Ken Douglas will be the local arrangements chair and
host. He assures us of a memorable stay in Grand Rapids.

Sharon Burns will be the liaison with the Board of Directors. She will also work with a committee
of conference planners including Jeannie Relaford and two other individuals to be announced soon.

We are excited about the opportunity Michigan speakers offer us. It should
be an exciting and educational conference. We look forward to seeing all of
in Grand Rapids!

Proceedings Editor Named – Authors, Presenters, Note New Rules

Joan Lewis, of the University of Georgia, has agreed to be the Proceedings
Editor. Individuals who wish to respond to the “Call for Papers, Student
Papers, and Ideas at Work” should submit their work to Joan Lewis, Dawson
Hall, University of Georgia, Athens, GA 30602-3622. The original “Call for
Papers” requested that submissions be sent to the Executive Directors in
Phoenix, Arizona. Please note this change and mail all submissions directly to
the Proceedings Editor.

Call for Nominations:

1996 AFCPE Awards

Recognize AFCPE members, friends and supporters by nominating persons,
programs, counseling centers and writers for special recognition at the 1996
Annual Conference, Grand Rapids, Michigan. Look for awards’ nomination
instructions in this Newsletter.

Five awards involve recognition in two ways: $100 and a certificate for Financial Counselor of
the Year; Outstanding Award; Mary Ellen Edmondson, Educator of the Year; Outstanding
Educational Program; Outstanding Financial Counseling Center. Outstanding student papers
involve a certificate and $250 or $150 award.

Names of the 1995 winners were printed in the January Newsletter.

1995 Awards

OOOPS!!! Add to the awards list, Sharon DeVaney, Purdue University,
who received the Outstanding Journal Article Award!!!

Her article

the need for education in retirement investing especially the need for those
who participate in defined contribution pension plans.




Nominate a person, program, center, or publication

you professionally admire for an AFCPE award!

Financial Counselor of the Year: A $100 award and a certificate to an AFCPE member
who has contributed outstanding work in financial

Journalism Award: A $100 award and a certificate to the author (or
publisher, if applicable) of a widely distributed article,
periodical, or book which provides useful information
to those working in the fields of financial

Mary Ellen Edmondson

Educator of the Year:

A $100 award and a certificate to an AFCPE member
who is an outstanding teacher in financial
counseling/planning. The winner may be a classroom
instructor, with extension, or a practitioner who
devotes a large portion of his /her practice to educating

Outstanding Educational Program: A $100 award and a certificate to a program that has
demonstrated that it has an impact in the field of
financial counseling/planning. Preferably the program
would be usable with a variety of audiences and could
be adapted for use by practitioners and educators.

Outstanding Financial Counseling Center: A $100 award and a certificate to a financial
counseling center which has demonstrated its
effectiveness in its local community.

Practitioner’s Forum

Extension Service

Save Your Refund Campaign

The Competitiveness Policy
Council and the Commission on
Saving & Investment in America are
working together to encourage
consumers to SAVE YOUR
REFUND. The Council is a bipartisan
government entity which makes
recommendations to the President and
Congress on ways to improve
competitiveness and raise US living
standards. The Commission is a
nonprofit educational organization
formed to take the lead in reversing
shrinking US saving and investment at
all levels.

Financial management educators are
encouraged to join various banks and
financial institutions, as well as the
U.S. Departments of Labor and
Treasury, to get the SAVE YOUR
REFUND word out. Below is a short
message you can use in newsletters,
radio programs, workshops, and other
educational settings. For more help,
call Stephen Gaskill at (202)632-1307.

Save Your Refund

April 15th is “Tax Day,” but for
many people, it also means that a tax
refund has already or will soon be
arriving in the mail. Some 74 million
Americans receive refunds on their
federal income taxes, and the average
refund last year was whopping $1,150.
This year, government and industry
groups have some advice on what to
do with the money: SAVE IT! Most
Americans feel like they aren’t saving
enough as it is, and your tax refund
check is a perfect place to start. Put
your refund in a separate savings
account at the bank, or use it to
purchase a longer term security, like a
certificate of deposit. If you can’t save
the entire amount, maybe you can set
aside part of it. Through compound
interest, every dollar you save will
work for you. Saving more over a
period of years improves your
financial security, and also helps
create new businesses and more jobs
in the economy.

New Extension Educational

“Small Town Housing: Policy and
Potentials” . . . is a three-hour satellite
videoconference, 9-Noon Central
Time, May 9, 1996. The conference
reviews a three-year study of housing
in small towns in Arkansas, Iowa,
Missouri, Nebraska, and Wisconsin.
Participants will earn about current
national and state housing policy,
ponder the potential impact of black
grants, and identify local housing
concerns. No charge for the
conference downlink. Site registration
is due by March 15, 1996, to Bonnie
Shrewsbury, University of Nebraska-Lincoln, 123 Home Economics
Building, PO Box 830801, Lincoln,
NE 68583-0801, phone (402)472-0659, FAX (402)472-9170. AFCPE
member KATHY PROCHASKA-CUE, University of Nebraska
Cooperative Extension, is on the
planning team.

“Money 2000” . . . is a program
designed to increase financial well-being of New Jersey residents through
increased saving and reduced
household debt. The goal is to enroll
2000 households in each of New
Jersey’s counties who will be
encouraged to save or reduce debt by
at least $2000 by the year 2000. For
more, contact Barbara O’Neill,
Rutgers Cooperative Extension,
Sussex County, Administration
Building, Plotts Road, Newton, NJ
07860, phone (210)579-0985.

Literature Review

FTC and Information

In its first case targeting advertising
on the “information superhighway,”
the Federal Trade Commission has
charged Chase Consulting with
making false claims when promoting
its credit repair program on an on-line
computer service.

For latest FTC news, the FTC
Newsphone is available at (202)326-2710.

WRHMFE Newsletter, Summer 1995.

Child Care and the Household

Using sophisticated statistical
techniques and early 90s data from
national studies of households with at
least one child under the age of six,
researchers found that 37.6% of the
households had child care
expenditures for items such as day
care, nursery school, babysitting or
other home care expenditures. The
average budget share for households
with child care expenditures was
5.6%, while one in four spent 8.3% or
more of their budgets on child care
expenditures. Expenditures were
higher for college educated women
than women with a high school

Park, S.Y. (1995), Child care services: Two
statistical/econometric approaches to household
choice and demand. EFERMA News, 11,(3).

Changes in Credit Life Insurance.

The Office of the Comptroller of the
Currency proposed a rule on how
national banks may distribute income
from credit life insurance sales. The
proposed rule would for the first time,
state that it is an unsafe and unsound
banking practice for bank officials and
insiders who sell credit life insurance
to take advantage of that activity for
personal profit. This change is meant
to reinforce the core principle of the
regulation that income derived from
the sale of credit life insurance should
be credited to the bank, not bank
officials and insiders.

ACCI Newsletter, 11/12/95, 43(6),1.

New Guidelines for Term Life

The National Association of
Insurance Commissioners adopted a
model consumer protection bill,
Guideline XXX, to regulate the
pricing of guaranteed level term life
insurance. Already law in New York
and expected to be ratified by the
other 49 states, the bill is designed to
prevent insolvencies in the insurance

ACCI Newsletter, 11/12/95, 43(6),1.

Insurance Discrimination.

A survey by the National Fair
Housing Alliance (800)910-7315
suggests that top-grade home
insurance policies may be hard to
obtain and are more costly for
minorities, even in middle-class
neighborhoods. Agents consistently
quoted higher rates for less coverage
to African-American and Latino
callers who participated in the study.

ACCI Newsletter, 11/12/95, 43(6),1.

Auto Insurance and Credit

A person’s credit history is one of
the best predictors of future auto
insurance claims. It is not only the
poor that get caught, the practice of
issuing insurance based on credit
reports is spreading to homeowners
and renter policies. Many companies
flat out deny coverage to people
whose money-management skills don’t
measure up.

ACCI Newsletter, 11/12/95, 43(6),1.

Consumer Expenditures, 1994

Although no one family is average,
the updated average annual
expenditures per consumer unit
(average-size 2.5 persons; number of
earners 1.3; number of vehicles, 1.9;
age of reference person 47.6 years)
were $31,751. Average income was

The increase in expenditures from
1993-94 was somewhat more than
increases in general price levels, as
measured by Consumer Price Index
(CPI). Transportation and housing
experienced the largest increases, up
11% and 5%, respectively. Largest
declines were in entertainment (-3.6%), apparel and services (-1.9%),
followed by health care (-1.2%). Food
edged up slightly (0.3%) and personal
insurance and premiums increased by

1994 Average Annual Expenditures

Item Percentage

Food-All 13.9

  • Housing 31.8

  • Apparel and Services 5.2

  • Transportation 19.0

  • Health Care 5.6

  • Entertainment 4.9

  • Personal Insurance &

  • Pensions 9.3

  • Other 10.3

  • ALL 100.0

    12/1/95, NEWS, Bureau of Labor Statistics

    How Heavy Are Debt Burdens?

    The rise in installment credit to
    18.9% of disposable income reflects
    the growing “convenience usage” of
    credit cards. But after adjusting for
    convenience usage and the debt
    implicit in cars acquired via leases, the
    use of installment credit is at peak

    Big upticks in installment debt
    seems to be concentrated among low-
    and middle-income groups. Credit-card debt by families with incomes
    above $50,000 shrank!

    Perhaps credit woes of low- and
    middle-income groups with incomes
    under $50,000 are behind rising
    bankruptcies, credit-card delinquency
    rates, and softening sales. These
    consumers have not benefitted from
    the 1995 huge run up in stock and
    bond prices.

    Is the lack of income growth
    plaguing most American families for
    two decades finally starting to
    undermine the aggregate economy?
    While the theory has been that rising
    consumption by more affluent
    households would keep the economy
    on an even keel, the reality may be it
    was the growing reliance of low- and
    middle-income families on borrowing
    to maintain living standards that
    provided essential fuel for economic
    growth. Perhaps our economy is less
    resilient and more vulnerable to a
    spending contraction than many
    people believe.

    Business Week. December, 1995.

    Privacy and Your Money on the

    If you want to buy or sell shares,
    transfer money, or even do something
    as simple as look up your account
    balance on the World Wide Web,
    you’re generally out of luck.

    That’s changing as securities firms
    begin to make personal account
    information available to investors on
    the Internet. More complex online
    transactions may soon be a reality.
    Within a year, you may be able to
    make exchanges, move money
    around, and use automatic money
    management programs. Question: Will
    the security software be workable?

    For consumers, there is a critical
    security difference between online
    banking and securities management. If
    the bank were to have an electronic
    break-in, depositors could rest assured
    that their money was FDIC insured.
    Securities firms don’t have such
    insurance at their disposal.

    Liz Gorham, Utah State University, WRHMFE
    Newsletter, Winter, 1996.


    SEC Investor Assistance Office
    Targeted for Elimination

    The administration requested a 15%
    increase in funding for the Securities
    and Exchange Commission (SEC),
    directed primarily at improving
    oversight of investment advisers and
    mutual funds.

    During the 1980s, the SEC staff
    grew only 4%, while the markets, and
    with them the agency’s workload,
    grew exponentially. This created
    serious gaps in oversight, in the
    rapidly growing investment adviser
    and mutual fund fields.

    A Senate bill would force personnel
    cuts of 20% eliminating many recent
    gains and hampering new efforts.

    Also included in the Senate bill is a
    provision abolishing the Office of
    Investor Education and Assistance,
    which represents less than one percent
    of the agency’s budget but triggers
    nearly 20% of the agency’s
    enforcement cases.

    The office handles 40,000
    complaints annually with only 25 staff
    members and provides educational
    services and materials to help
    investors identify, avoid, and report
    securities fraud.

    October 1995, Consumer agencies face tough
    budget year, CFAnews, 29(6), 1.

    Author’s Corner

  • “Coming to Grips with Your
    is a new home-study series
    by the University of Idaho
    Cooperative Extension System. Linda
    Kirk Fox
    , PhD, Extension family
    economist, worked with a team of
    county extension educators to prepare
    five lessons on the topics of financial
    planning–getting started, record
    keeping, credit, insurance, and savings
    and investments. Each lesson is
    available for $1. A set costs $5. Place
    orders with UI CES, Ag Publications
    Building, University of Idaho,
    Moscow, ID 83844-2240, (208)885-7982. Request Misc. Series #112.

    Jack R. Kapoor, Les R. Dlabay, &
    Robert J. Hughes (1996). Personal
    Finance (4th edition)
    . Burr Ridge, IL:
    Richard Irwin. 665p.

    Popular college text in personal
    finance uses the following main
    themes decision-making and
    opportunity costs, in analyzing
    personal financial calculations using
    case studies which mirror varied life
    situations. Free with each text are
    Personal Financial Planner
    worksheets, Personal Financial
    , Instructor’s Manual, test
    banks, transparency masters, &
    audios. Software for Windows 95
    available at nominal cost (800)323-4560.


    The new address to write TRW for a
    complimentary credit report is:

    TRW Complimentary Report

    PO Box 8030

    Layton, UT 84041-8030

    To assure prompt service, and at the
    same time protect your financial
    privacy, include the following with
    your request:

    full name, including Jr., Sr., III, etc.

    complete address(es) for a five-year
    period, including zip code(s)

    Social Security number

    spouse’s full name, if married

    year of birth


    copy of driver’s license or current
    billing statement

    Or call (800)682-7654 for
    information on how to write for a
    credit report.

    Viatical Settlements: A Guide for
    People with Terminal Illnesses
    , is a
    new special brochure from the Federal
    Trade Commission and designed to
    advise terminally ill people who are
    considering selling their life insurance
    policies in order to get funds to pay
    their bills. Arrangements to accelerate
    financial benefits from life insurance
    policies, whether they are called
    “living benefits” or “viatical
    arrangement,” have legal, financial
    and tax consequences that are
    complicated. They should be reviewed
    in advance by professional advisors,
    according to the FTC. FTC news
    releases and other materials also are
    available on the Internet at the FTC’s
    World Wide Web
    site at:

    A New Voice for Investors, by
    Adrienne Press. The voice of
    individual investors may get a little
    louder in Washington with the
    emergence of a new education and
    advocacy group called the National
    Council of Individual Investors

    Don’t look to the Washington-based
    council for hot tips on what to buy and
    sell in today’s bull market.

    They act as a watchdog group for
    the millions of Americans who are
    trying to make their money grow,
    according to NCII policy director
    Gerri Detweiler. Detweiler’s training
    comes from the Bankcard Holders of
    America, a watchdog group for the
    credit-card industry.

    The group’s first point of attack, in
    fact, is the securities litigation reform
    bill, Detweiler says.

    The NCII’s services — which are
    also available online
    (http://www.ncii.org/ncii) — include a
    directory of each state security
    regulatory agency, a newsletter, and
    investors’ rights section with a list of
    places to turn for help and tips for
    writing a complaint letter. For more
    information about NCII, you can also
    call (202)467-6244.

    The above is adapted from Money

    Daily on the Web. TO ADD YOUR NAME TO THE MAILING LIST for Money Daily, use any browser to reach the latest edition
    on the Web at http://www.pathfinder.com/moneydaily/1995/latest.html and click


    Nominations Due September 1, 1996

    All AFCPE members are encouraged to submit nominations for the awards listed below. Recipients will be
    honored at the Awards Breakfast during the 1996 Annual Conference, Grand Rapids, Michigan.

    Please include the following information in your nomination. Please attach any supporting materials and
    mail to Dennis Chrisco, PFMP Coordinator, 22 MSS/OPF, 553147 Kansas St., STE 103, McConnell AFB, KS

    1) Nomination for (please indicate the award for which you are submitting a nomination. Use a separate form
    for each nomination.)

    Financial Counselor of the Year

    Journalism Award

    Mary Ellen Edmondson Educator of the Year

    Outstanding Educational Program

    Outstanding Financial Counseling Center

    2) Nominee:

    Name of individual or center:

    Title (if an individual):

    Business Address:

    Phone Number:

    3) Statement of Merit for Award. Indicate why you believe this individual, program, or center should receive
    this award. Attach documentation as needed.

    4) Background information. For individuals, include a brief biographical sketch of the nominee. For centers or
    programs, include a brief history.

    5) Nomination made by




    Phone Number:

    Notes: Please take care in completing nomination application; incomplete applications will not be considered.
    The award winners will be notified prior to the conference, so do not hesitate to contact the nominee for needed
    information for the application. It is acceptable to nominate yourself. For the Journalism Award, please include
    a copy of the article or an example from the book or periodical which can be reviewed by the committee.



    The President shall

    a. provide strong leadership for the organization.

    b. preside at all meetings of the Association and the Executive Board.

    c. prepare and distribute an agenda to expected participants for each meeting in time for them to effectively
    utilize same.

    d. arrange bi-monthly conference telephone call for Executive Board meetings.

    e. act as ex-officio member of all committees.

    f. oversee the activities of the entire organization.

    h. respond to miscellaneous correspondence pertaining to the Association.

    i. assist in implementing the activities of the organization.

    j. work closely with the Executive Director.

    k. work closely with the Past President, Vice President, Secretary, and Treasurer who comprise the Executive
    Committee of AFCPE.

    The Treasurer shall

    a. obtain budgets from committees and respond.

    b. prepare standard financial reports in cooperation with Executive Director.

    c. prepare special financial reports as needed to illuminate specific endeavors of the Association, such as
    income and expenditure summaries of the Annual National Meeting and the student scholarship fund in
    cooperation with Executive Director.

    d. prepare an annual budget for the organization and seek the approval of same by the Executive Board soon
    after the business meeting at the Annual National Meeting.

    e. respond to miscellaneous correspondence pertaining to the finances of the Association.

    f. assist in implementing the activities of the organization.

    g. develop financial policy statements in cooperation with the Executive Director.

    The At Large Executive Board members shall:

    a. participate actively in the activities of the Association and The Executive Board.

    b. provide leadership for various activities of the Association, particularly those that arise on an ad hoc basis
    during the year.

    c. assist in implementing the activities of the organization.

    d. act as Board liaison for designated committees assisting committee chairs in carrying out committee goals
    and responsibilities and reporting to Board on committee progress.

    Click here to continue to rest of April 1996 AFCPE Newsletter