1984-02-15 Public Hearing and Regular Meeting La Porte City Council

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FACT SHEET 1 F ~ Future Business leaders of America-Phi Beta lambda, Inc. ~ P.O. Box 17417-Dulles, Washington, D.C. 20041, 703/860-3334 ~~ Edward D. Miller, President and Chief Executive Officer ORGANIZATION FBLA-PBL, Inc. is a nonprofit 501(c)(3), vocational education organization of students pursuing careers in business or business education. It is composed of three divisions: FBLA for high school students; PBL for postsecondary students; and an alumni division formed from both groups. HISTORY The FBLA concept was developed in 1937 by Hamden L. Forkner of Teachers College, Columbia University, New York City. In the fall of 1940, official spon- sorship of FBLA was accepted by the National Council for Business Education. On February 3, 1942, the first chapter was organized in Johnson City, Tennessee. The association has been recognized by the Freedoms Foundation and the Horatio Alger Awards committee. PURPOSE ~ FBLA-PBL, Inc. is committed to helping students bridge the gap between classroom and office world by providing students with the opportunity to learn, first-hand, about the business community. Organizational goals include: • promoting competent, aggressive business leadership • understanding American business enterprise • establishing career goals • encouraging scholarship • promoting efficient financial management • developing character and self-confidence MEMBERS There are 200,000 alive members in 8,500 local chapters located throughout all 50 states, American Samoa, Canal Zone, Guam, Puerto Rico, Vrgin Islands and Germany. S~UCTURE The association is organized on the local, state, regional and national levels. Local chapters operate under the guidance of teacher/advisers and advisory councils composed of school officials, business people and community representatives. State advisers help coordinate chapter activities and report to the national organization, located near Washington, D.C. The FBLA-PBL Congressional Advisory Committee is comprised of thirteen distinguished U.S senators and representatives: `it was formed in 1982 to improve communications with the Congres~;of the United States, to provide direct access to individual legislators who actlv"ely support FBLA-PBL, and to foster wider recognition of the association's programs. The FBLA-PBL Foundation was formed in the summer of 1982 to extend the association's educational purposes, undertake related special projects and establish a secure financial structure. The chairman of the Foundation is U.S. Trade Representative, Ambassador William Brock. Future Travel, the association's full service travel agency, opened its doors for business in January 1983. Although Future Travel is a separate, profit-making entity, the profits realized are returned to FBLA-PBL, Inc., its sole stockholder.