Golden Key International Honour Society
||This article contains content that is written like an advertisement. (July 2016) (Learn how and when to remove this template message)|
|This article relies too much on references to primary sources. (May 2015) (Learn how and when to remove this template message)|
|Motto||To enable members to realize their potential through the advancement of academics, leadership and service.|
|Formation||November 29, 1977|
|Over 2 million|
The Golden Key International Honour Society (formerly Golden Key National Honor Society) is an Atlanta, Georgia-based non-profit organization 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. 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 by GPA but only given to those who pay a one time $95 USD membership fee.
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." According to statements by leaders within the society, the spelling of "Honour" was chosen to observe the more globally accepted spelling.
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 $500,000 annually in scholarships and awards to its members along with a variety of other opportunities, both academic and career. Golden Key's core values include community service and its chapters are involved in a wide variety of volunteer projects in their local communities. The Golden Key International Honour Society was among 10 organizations to receive the In2Books Community Service Award in 2010.
In 2014, Golden Key announced its global service initiative, SPARK a Change. The mission is to impact and improve the lives of at-risk youth (ages 0–17) through literacy, education and real-world preparedness. Golden Key members are service minded individuals who strive to make a positive difference in their communities and around the world. This initiative helps the next generation to discover and unlock their potential. By 2017 (the 40 year anniversary), this initiative aims to raise $40,000, participate in 400,000 volunteer hours and affect 400,000 lives.
Golden Key is an active member of several organizations. Organizations Golden Key is involved with include:
- National Collegiate Honors Council (NCHC)
- National Association of Student Personnel Administrators (NASPA)
- Association of International Educators (NAFSA)
- National Scholarship Providers Association (NSPA)
- American Association of Collegiate Registrars and Admissions Officers (AACRAO)
Golden Key is governed by an international Board of Directors. Its volunteer advisory structure includes the International Leadership Council, the Council of Advisors and the Council of Student Members.
||This section possibly contains original research. (October 2009) (Learn how and when to remove this template message)|
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 it was 88/12, in 2010 it was 85/12, in 2011 it was 86/14, in 2012 it was 86/14, and in 2013 it was 83/17; thus the Society is currently utilizing its funds in a way that is well above and beyond the "recommended practice."  Golden Key publishes its annual reports every year in November and makes them available online.
Questions were raised over the amount of money spent on Golden Key's scholarships. 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.
- "Golden Key International Honour Society website About Us".
- IRS Search for Charities.
- "Golden Key International Honour Society website Locate A Chapter".
- "Golden Key International Honour Society website FAQs".
- "Golden Key International Honour Society website Our History".
- "Scholarships & Awards". Golden Key website.
- "ePals Foundation Announces 2010 In2Books Community Service Awards". In2books.epals.com. 2010-09-13. Retrieved 2012-10-10.
- "Golden Key website Board of Directors".
- "Golden Key website International Leadership Council".
- "Golden Key website Council of Advisors".
- "Golden Key website Council of Student Members".
- "Charity Navigator Financial Ratings Tables".