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Membership in the
Foundation
Any foundation, government,
corporation, partnership, joint venture, institution, or individual
including law and accounting firms, and consulting groups interested
in helping to further the mission of the Foundation is invited to
become a member of the World Foundation for Smart Communities. Members
of the Foundation will be comprised of (1) underwriters, those donating
$50,000 or over a three year period; (2) sponsors, those providing
an initial three-year-contribution of $30,000 and (3) associates
whose annual contribution shall be $5,000. After the initial thirty
members, which will represent the founding board, other members
may join at any time during the course of a year at a pro-rated
annual membership rate. The Foundation accepts memberships from
cities, counties and community organizations worldwide. The membership
cost is based upon the size of the organization, and whether they
are a for-profit or non-profit corporation. In addition to underwriters
and sponsors of the Foundation who shall be invited to become trustees,
with full voting rights, only those members nominated by the board
and elected to the board shall bear responsibility for the operations
of the Foundation. (All contributions to the Foundation are tax
deductible in the U.S. under U.S. tax law, although offices established
elsewhere in the world may provide opportunity for tax deductibility).
In principle, a general
meeting of members of the Foundation will be held at least once
each year rotating among Europe, Asia and the Americas. These by-laws
may be changed from time to time or amended, but only by the full
members of the Foundation, who also have a right to submit any proposal
for a general meeting of the membership. Changes in the by-laws
will require a two-thirds majority of those present and voting at
a regularly scheduled general meeting.

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© 1999 Smart Communities
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