Class Fund Update

Dear UPCM89 USA based Classmates:
Based on the responses of our classmates who kindly responded to the previous emails, here is the consensus reached regarding the class fund:

1. There will be 3 levels of suggested contributions:
Basic (for non-practiciing classmates) $800
Maroon (for part time practice) $1200
Gold (for full time practice) $2500
Any additional contributions would be most welcome. I also suggest accepting contributions in honor of our dear friend and classmate Vicky Laxamana.

Pls. note that all contributions are tax-deductible, voluntary, and can be made in one lump sum or in 4 annual payments.

2. Pledges for total contributions (indicating preference for lump sum or divided payment method) should be made by July 31, 2010. Pls. email your pledges to Len or to Malu DA  Do not reply here with your pledge unless you want to inform the entire blogosphere.

3. Contributions, whether lump sum or divided, will be due by Dec. 31 of each year. Final contributions will be due on Dec. 31, 2013.

4. The treasurer (Len) will provide an update on progress of pledges and collections, along with a acknowledgement of responding classmates (without amount of individual contributions)

Directions for making contributions and for tax reporting through UPMASA will be posted after the pledge drive is over in August 2010.

Please share any questions or comments.