Alpha Kappa Alpha Sorority, Incorporated

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Alpha Kappa AlphaSorority, Incorporated
Statement of Centennial Supreme Basileus Barbara
A. McKinzie July 15, 2009
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Our Success Across Our Three OrganizationsIs
Real
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These measures of success are being attacked
because as leaders

• We have failed to trust.
• We have failed to take the time to learn.
• We have failed to discharge our responsibilities
  through the lens of loyalty.

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Remains of Failed Leadership
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We Began From Failed Leadership focused on this
administration never taking office.

• It publicly demonstrated poor sisterly behavior
  and examples of how to violate the sacred
  policies and rules of a century-old institution.

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The leaders of the lawsuits are sorors who have
violated our policies and procedures and continue
to do so publicly in a very destructive and
bitter-filled manner.
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Leadership Is a Road That Begins With One
Traveler, Joined by Others With Common
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The Membership Cannot Fulfill Its Role If It Is
Not a Team
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The Supreme Basileus has brought to the
Directorate for decision every significant issue
that has involved this position via
FACT

• Executive Sessions
• Open Sessions

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Inaccurate descriptionsof Decisions

• Have become the subject of lawsuits.
• Are flying around the internet (an
  unauthorized method of public communication for
  AKA).

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Chapter Basilei receive the Annual Audit Report
from the Finance Committee in the Fall Mailing
Audits

• The 2007 Audit was included in the Fall 2008
  mailing.
• This Sisterhoods financial position is in
  great shape!

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2002-2008 Audited Statement of Financial
Position and Activities200
Alpha Kappa Alpha
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A provision for a stipend is included in Alpha
Kappa Alphas Constitution and Bylaws.
Stipend
Article VII, Finances, Section 9, p. 48 The
Supreme Basileus shall be provided a stipend when
funds are available.
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Stipend Value

• The amount reported in the IRS tax return was
  included in the 2007 audit.
• The cost per active member of the IRS amount
  was less than 63 cents per month or 7.50 for
  the year.

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Information gleaned from the Supreme Basileus
March 2009 Report to the Directorate has been
distorted by those suing us.
Boule Receipts

• This Directorate has not voted to spend
     900,000 for a wax figure of this Supreme.
• The 2008 Boule excess revenues over expenses
  resulted from controlling costs.

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Boule Costs Per Attendee
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Costs related to the Directorates 2007
decision are reported in the annual tax return,
as required by the IRS beginning in 2007.
Executive Session Action
The decision reflects advice and counsel from
outside tax, actuarial, valuation, and legal
experts.
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The Corporate Credit Card has two users
(Supreme Basileus Executive Director) who use
the card for business purposes, and the Supreme
Tamiouchos signs payments.
Corporate Card
This officer has not purchased profuse gifts
for anyone. The approved budget is only spent if
actual revenues are realized. The Supreme
Tamiouchos has never contacted the Supreme
Basileus about any charges
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There are points attached to the
Corporate Credit Card.
Corporate Card

• Card had zero balance in point when received.
• The point balance was 593,000 when this Supreme
  last viewed the account.

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This officer has never requested a vendor
to pay it to play or do business with AKA.
Vendors/Partners
Vendors/partners who support this administration
issue checks to AKA or to EAF. Sponsors are
recognized in our publications.
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BMC has no contractual relationship with
Alpha Kappa Alpha.
BMC Associates

• BMC has never had, nor does it have any
  contracts with AKA or EAF.
• BMC has not provided investment advice for
  AKA or EAF.

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Everyone is entitled to her opinion, but no one
is entitled to destroy another person.
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I will spend the remaining time communicating
directly with the membership.
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Join the Supreme on this journey if you
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Thank Youfor your Serviceto the Greatest
SisterhoodOn the Planet