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CAFA Scholarship Foundation was first organized in 1995 by an ad hoc
planning committee consisting of Otto Chang, Henry Chi, Lois Chi, Sun-Yiu Fung,
Harry Hsiung, and Ruth Hsiung. Its main purpose is to raise endowment for CAFA
Student Scholarships and, to a lesser extent, the seed money to support the
development of scholarly acitvities for young faculty members. On August 20,
1995, the preliminary structure of the Foundation was formed. Officers of
the CAFA Scholarship Foundation Board were elected and they were Lois
Chi (Chair), Sun-Yiu Fung (Co-chair), Otto Chang (Treasurer), and Ruth
Hsiung (Secretary). A committee to develop bylaws was established. By
November 5th the rationale of the independence of the Foundation and its
separation from CAFA were clarified. New members agreeing to join the
board were Wellington Chan, Tu-Nan Chang, K.W. Chu, Phoebe Dea (to start
in 1996), Jimmy Hwang and Robert Lee. On the same day, elections were held
for Foundation officers. Jimmy Hwang was elected as the President of
the Foundation and Wellington Chan as the Vice President. The bylaws
were also ratified for the incorporation of the Foundation.