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Below are all
of your answers on How to Join BWi.
When are new members
accepted?
New members are accepted every semester. Although our numbers
are likely to be greater in the Fall semester because that is when BWi
actively recruits new members.
Can anyone
be a member?
Yes. Black
Women Investing is open to anyone who is interested in learning how
to get their money together in order to build wealth. However, our
organization is focused toward Black Women - so that will be
something to consider.
What
is the difference between a Member and a Partner?
Black Women Investing is structured so that the members who seek to
benefit from all there is to learn and offer are rewarded.
Every woman that has paid her dues is a member and will have the
chance to become a partner. Becoming a partner will be a the
discretion of a member and the current partners. Partners are
members of BWi and the Investment club and have voting rights on
investment decisions.
What are the benefits of
membership?
Well, in order to become a partner, all women must be members first.
But of course, the benefits don't stop there. Members have all of
the same benefits as partners - the only difference is that they do
not have voting rights on investment decisions. Members still vote
on club functions, become members of the executive board, access all
resources that BWi offers and is gifted with.
Can you tell me more about being a
partner? Being
a partner is a long-term commitment. Partners are all connected
through the Black Women Investing investment club as share owners. We are considered an actual business
under the state of California. While we have only begun to make
investments in stocks, we plan to pursue other investment
opportunities, by pooling together our resources. Partners are all
committed to a 3 year partnership (effective in January 2005) to
realize the full potential of the market and our decisions. New
partners will be only be held to the remainder of the 3 year
period, depending upon when they join. It should be noted, that
partners may opt out of the 3 year term through the "buy-out
process," whereby a new partner buys the old partner's shares in the
club.
All new partners
must already be a member of BWi and submit an application to the
partnership for consideration. Partnership applications are
available in the Fall of each semester, and new partners will be
voted in for the Spring semester of the same year. The number
of new partnership positions available are dependent upon the number
of buyouts and the current amount of partners, which is not to
exceed 40 according to the BWi partnership agreement. The
partnership will also consider participation in club activities when
voting on new partner applications.
How much are dues?
Dues for the 2005-2006 year include a free one-year subscription to
Black Enterprise Magazine.
Membership dues are $30 for the year. Partnership dues are $15, but
are required to purchase 2 additional shares in the club account.
***New
Member Applications
can be
downloaded here.

This is a pdf file. You will need adobe acrobat reader to
download.
For more
information or general inquiries, please contact Britni Rillera -
President of Membership at
bwiusc@usc.edu.
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