Golden Key International Honour Society

From Wikipedia, the free encyclopedia
  (Redirected from Golden Key National Honor Society)
Jump to: navigation, search
Golden Key International Honour Society
Golden Key.jpg
Motto To enable members to realize their potential through the advancement of academics, leadership and service.
Formation November 29, 1977
Type Honor society
Headquarters Atlanta, Georgia
Location United States
Membership Over 2 million[1]
Website www.goldenkey.org

The Golden Key International Honour Society (formerly Golden Key National Honor Society) is an Atlanta, Georgia-based non-profit organization[2] founded in 1977 to recognise academic achievement among college and university students in all disciplines.

Golden Key has over 400 chapters at colleges and universities in eight countries: Australia, Canada, India, Malaysia, New Zealand, South Africa, The Bahamas and the United States.[3] Golden Key is the world's largest collegiate honor society. Membership into Golden Key is offered to undergraduate and graduate students recognized to be among the top 15% of their class, either by overall grade performance or by an alternative standard approved by Golden Key's International Leadership Council.[4]

History[edit]

Golden Key was founded by a group of undergraduate students and faculty members at Georgia State University in Atlanta, Georgia, on November 29, 1977.

In 2001, the society modified its name to Golden Key International Honour Society to reflect its diversity and global presence. The spelling of "Honour" was utilized to observe the more globally accepted spelling.[5]

Activities[edit]

Golden Key offers a number of services for its members. These include résumé and graduate program assistance, career planning and opportunities, leadership opportunities, networking, and member discounts. Golden Key offers more than $1,000,000 annually in scholarships and awards to its members along with a variety of other opportunities, both academic and career.[6] Golden Key's core values include community service and its chapters are involved in a wide variety of volunteer projects in their local communities such as Habitat for Humanity, Terry Fox Run, Make a Difference Day, and various literacy service opportunities. The Golden Key International Honour Society was among 10 organizations to receive the In2Books Community Service Award in 2010.[7]

Golden Key is an active member of several organizations. Organizations Golden Key is involved with include:

Golden Key resigned from the Association of College Honor Societies in December 2013.

Golden Key is governed by an international Board of Directors.[8] Its volunteer advisory structure includes the International Leadership Council,[9] the Council of Advisors[10] and the Council of Student Members.[11]

Fund distribution[edit]

In non-profit corporations' fund usage, it is the recommended practice for a 65%/35% ratio to exist comparing "programs" to G&A and fundraising. Golden Key's ratio for 2008 was 84/16, in 2009 88/12, in 2010 85/12 and in 2011 86/14; thus the Society is currently utilizing its funds in a way that is well above and beyond the "recommended practice." [12] Golden Key publishes its annual reports every year in August and makes them available online.

Questions were raised over the amount of money spent on Golden Key's scholarships.[citation needed] Articles in the University of British Columbia student newspaper, The Ubyssey, examined the society's finances and scholarship practices. It was noted in The Ubyssey that in 1997 salaries, management and general expenses totaled almost 47 percent of the total expenditures. The society is continually increasing their scholarship offerings and currently awards over $1,000,000 annually in scholarships and awards. All financials since 2008 have been made publicly available on their website and are audited by third party auditors.

Each local chapter receives funding from Golden Key headquarters and may use this money as they see fit to run various events and community service projects. A variable amount (minimum $100) of additional funds are allocated for in-house chapter cash scholarships. The amount given for these local scholarships is based on the number of members inducted, which is then distributed by the local chapter in accordance with their determined criteria. Some criteria may include active participation in chapter service projects and meeting attendance. Most chapters divide their available chapter scholarships into three awards: one each for Sophomore, Junior and Senior students.

Honorary members[edit]

Honorary members are elected by Golden Key. They do not necessarily endorse the validity of the Golden Key organization or participate in its activities.

Well-known honorary members include:

References[edit]

External links[edit]