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The Finance and
Membership committee
shall be designated and
appointed by a
resolution adopted by a
majority of the
Directors present at a
meeting at which a
quorum is present. The
Finance Committee will
provide program and
budgetary oversight for
MBRT. The Membership
Committee will oversee
all membership matters
including, but not
limited to, screening
and nominating new
members, Board members
and officers of the
Board and membership
benefits. Other
committees may be
designated and appointed
by a resolution adopted
by a majority of the
Directors present at a
meeting at which a
quorum is present. The
Membership Committee
leads member recruitment
efforts and manages
membership
considerations in
accordance with policies
and processes
established by the
general membership. The
Committee monitors
member dues and other in
kind financial
contributions. It is
responsible for
receiving and responding
to member complaints and
recommends member
expulsions.
The BOD shall hold the
Finance and Membership
Committees accountable
for their activities
The Committee and the
President shall seek
candidates for
membership and encourage
the general membership
to recommend candidates.
After considering a
candidate for membership,
the Membership Committee
and the President shall
recommend to the entire
membership whether a
candidate should be
invited to become a
member of the MBRT. The
general membership then
votes and by a simple
majority determines
whether a candidate is
invited to become a
member.
The recruitment of
members for MBRT shall
be consistent with the
following criteria:
Ensuring the involvement
of African American,
Hispanic American, Asian
American and Native
American CEOs of top
tier minority owned
businesses,
Ensuring the involvement
of minority CEO women of
top tier minority-owned
business,
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Ensuring that the
membership is adequately
representative of all
regions of the United
States and a diversity
of trades and
industries,
Ensuring that MBRT
maintains its status as
a self-sustaining and
self-determinate
organization,
Involving the principal
executives (Chairperson,
CEO, and/or President)
of top tier minority
owned businesses and
To the extent other
obligations permit,
maintaining an active
membership. Members can
assign proxy
representatives to MBRT.
Eligibility
The Membership Committee
examines the following
criteria when assessing
a candidate’s
eligibility for
membership:
The Candidate’s business
should have annual gross
revenues of $50 million
or more. This amount may
be adjusted by action of
the Board.
The Candidate must be
the principal executive
(Chairperson, CEO, and/or
President) in a firm
that is minority-owned
and controlled, as
defined by the Board,
The Candidate’s and
company’s prominence and
recognition,
The Candidate’s
familiarity and
involvement with the
national policy making
process,
Resources the Candidate
would bring to MBRT that
will be useful in
forwarding MBRT’s
agenda,
Availability to meet the
time and participation
demands of MBRT and
The Candidate’s ability
to contribute
financially to MBRT
through dues, goods,
services or other means.
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