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Old August 22nd 07, 06:44 PM posted to rec.radio.amateur.moderated
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Posts: 156
Default Diamond Terrace

"Michael Coslo" wrote in message
...
Those are a good deal for someone who became a lifetime member a long time
ago, (what did a lifetime membership cost in 1970?) but that money is long
gone.


The money isn't "long gone". Conventional practice for nonprofits is to invest
'life member' funds in a trust and withdraw based on an actuarial model.

The Man in the Maze
QRU on Baboquivari Peak, AZ

--
Iitoi



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