Our Strike Fund Committee has been working diligently over the past several months to identify the most effective strategies for allocating funds into our strike fund. This ad-hoc committee was formed after CFA’s Board of Directors established CFA’s first-ever strike fund in response to a resolution that passed during CFA’s Fall 2024 Assembly. 

The proposals that the committee settled on this year are focused on internal funds. In the coming months, our committee will strategize ways the community or other external entities can donate.  

The following five proposals have been approved by the CFA Board of Directors and will be implemented this fiscal year (September 2026): 

Proposal #1: Virtual Meetings  

We will direct 75% of the funds traditionally budgeted for in-person Kickoff and Assembly meetings to the strike fund for the next two years. 

Proposal #2: Virtual Meals  

We will suspend meal reimbursements for virtual meetings and allocate those funds to the Strike Fund for the next two years. This excludes virtual meetings that are five or more hours long. 

Proposal #3: Short-Term Strike Loans 

We would approach one or more credit unions to broker a relationship to have the credit union offer CFA members strike loans between a 0% to 1% interest rate. 

Proposal #4:  Reallocation of Monthly Dues 

We will allocate $1 from every CFA member’s monthly dues to the Strike Fund for two years. 

Proposal #5: Depositing Net Surplus to the Strike Fund 

When we have a net surplus at the end of each fiscal year, we will commit to depositing a minimum of 40% and up to a maximum of 75% of the net surplus to the Strike Fund for two years. 

Our Strike Fund Committee will continue their work to ensure that resources for our strike fund are maximized so we can best support our members if a strike becomes necessary.

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