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Golden Key International Honour Society - Wikipedia, the free encyclopedia

Golden Key International Honour Society

From Wikipedia, the free encyclopedia

Golden Key International Honour Society

Golden Key society key
Golden Key society key

Motto To enable members to realize their potential
Formation November 29, 1977
Type Honor society
Headquarters Atlanta, Georgia
Location United States
Membership Over 1.7 million [1]
CEO Alexander D. Perwich, II
Website http://www.goldenkey.org

The Golden Key International Honour Society is an Atlanta, Georgia-based non-profit organization founded in 1977 to recognise academic achievement among college and university students in all disciplines. The Society currently has nearly 350 chapters at colleges and universities in seven countries: Australia, Canada, Malaysia, New Zealand, South Africa, United Arab Emirates and the United States. In reference to its international presence, the Society chooses to use the spelling "honour" despite its American origins. The society identifies its core values as: Integrity, Collaboration, Innovation, Respect, Diversity, Excellence, Engagement.[2] Only the top 15% of undergraduate juniors and seniors at a given college or university are allowed to join, exclusively by invitation.[1]

Golden Key International Honour Society is a member of the Association of College Honor Societies -- the nation's only certifying agency for college and university honor societies. A recent ACHS report revealed that no other honor society provides more tangible benefits and services to its members than does Golden Key.[citation needed]

The society offers more than $400,000 annually in scholarships and awards to its members, along with a variety of other opportunities, both academic and career.[3]

Contents

[edit] Leadership

Golden Key is governed by an international Board of Directors [4] Its volunteer advisory structure includes the International Leadership Council, the Council of Advisors [5] and the Council of Student Members[6] The current chief executive officier (CEO) is Alexander D. Perwich, II.[7]

[edit] Community Service

One of Golden Key's core values is community service. Golden Key chapters are involved in a wide variety of volunteer projects in their local communities such as Habitat for Humanity, and Terry Fox Run.[citation needed]

[edit] Controversies

There have been some claims that the society is little more than an elaborate scam. Articles in UBC's student newspaper The Ubyssey have examined the society's finances and scholarship practices. In 2003, the Ubyssey questioned the society's spending practices based on information obtained from its submission to the Internal Revenue Service. Although the society claims to "return 75 per cent of each membership as benefits and services to local chapters and their members [while the] other 25 per cent is used for administrative expenses," the Ubyssey found that in 1997 salaries, management and general expenses totalled $2,997,827, almost 47 per cent of the $6,430,054 in total expenditures. A second article found that Golden Key spent just $289,461 (US dollars) on scholarships, less than 5 per cent of their total expenditures for the fiscal year ending June 30, 1997

Additionally, The Ubyssey discovered that the organisation had refused to provide the Atlanta Better Business Bureau with its financial statements, according to Valerie Maclean, general manager of the Vancouver Better Business Bureau. There has also been concern over Golden Key's allegedly "lavish practices," including conferences in exotic locations, and high salaries paid to directors, such as $247,600 (US) in compensation paid to director James Lewis in 1997.[citation needed]

Another complaint is that the society refuses to subsidize the membership fee for low-income students. According to a 2005 article by Rob Taylor, writing in SFU student newspaper The Peak,

If the GKS is not a scam, it is still an organisation riddled with a number of problems. Most fundamentally, the GKS refuses to subsidise students unable to pay the $70 membership fee, [citing] the difficulties inherent in trying to prove who is "in need" and who is not. Regardless of their reasoning, this condition means that the student with the highest GPA in the university could be denied access to an Honour Society whose goal is to recognize "academic achievers," while a student with a B+ average in a weak program (who [can afford the fee]), would be allowed entry. This policy also brings into question the broader intentions of the organisation: Are they trying to aid "academic achievers," or are they trying to make a profit?[8]

Supporters of Golden Key argue that most other United States Honor Societies also charge a membership fee, citing as example the $55 (US) membership fee for Phi Beta Kappa. Supporters would further argue that a student of B+ average who can afford the fee cannot be invited to join in the first place as the GPA-based invitation is still set at the high standard for all students. In effect, a 'rich' student cannot take a 'poor' student's place because of the constant high GPA requirement. The result is that the Honour Society's membership is made up of just as high GPA achieving students, but just fewer of them.

Another point of contention lies in the method of ascertaining eligibility. The top 15% is derived from the aggregated GPA of students, and membership is for life. This means, a student in the first year of undergraduate study who performs well, but drops out in the second year of study will get in, yet a student who does not perform well in first year, and yet performs well in the second, third and fourth year of study, could not meet the threshold. This has particular relevance in universities with a three year degree structure.

[edit] Honorary members

Well-known honorary members of Golden Key include: [9]

[edit] References

  1. ^ a b FAQs. Golden Key International Honour Society (2008). Retrieved on 2008-03-26.
  2. ^ Mission, Vision & Values. Golden Key International Honour Society (2008). Retrieved on 2008-03-26.
  3. ^ Scholarships & Awards. Golden Key International Honour Society (2008). Retrieved on 2008-05-27.
  4. ^ Board of Directors Golden Key International Honour Society
  5. ^ Council of Advisors Golden Key International Honour Society
  6. ^ Council of Student Members Golden Key International Honour Society
  7. ^ Alex Perwich bio
  8. ^ Is the Gold Key Society screwing you over
  9. ^ What is Golden Key?. Golden Key International Honour Society (2008). Retrieved on 2008-03-26.

[edit] External links


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