At the World YWCA Board meeting, 24 to 27 July, the board members validated a new affiliation fee formula, which is more transparent, realistic and easier to use and calculate than the old formula. This is the formula that the majority of voting delegates selected via the recent Affiliation Fee Dialogue and Vote. The voting results were also independently verified by the auditor, Price Waterhouse Coopers.
The new formula is a tiered system in which:
- All MAs pay 1% of total income
- MAs that earn over 500,000 CHF in total income, pay an additional 750 CHF per year
- MAs with revenues of 10 million CHF or more pay a maximum fee of 230,000 CHF per year
It will take effect retroactively from 1 Jan., 2017.
We would like to thank everyone who participated in the Affiliation Fee Dialogue and Vote, where we integrated some new ways of working, including online and mail voting. Please note that the final affiliation fee policy, which the Board also approved, is available here and additional background on the affiliation fee formula process is available here.