Barbara McKinzie
Barbara Anne McKinzie | |
|---|---|
 Barbara A. McKinzie (undated photo) | |
| Born | January 2, 1954 Ada, Oklahoma, U.S. |
| Occupation | Accountant |
Barbara Anne McKinzie[1] (born January 2, 1954)[2] was from 2006 to 2010, the twenty-seventh International President of Alpha Kappa Alpha (ΑΚΑ), the first Greek-lettered sorority established and incorporated by African-American college women.
Born in Ada, Oklahoma,[1] McKinzie has a B.S. degree from East Central University as well as an M.B.A. from Northwestern University.[3] Before becoming president, she had various other roles in the sorority.[4] She is a certified public accountant and a former Comptroller at the Chicago Housing Authority.
Lawsuit to remove McKinzie
[edit]In July 2009, eight members of ΑΚΑ sued the sorority to have McKinzie removed as president. They alleged that she spent hundreds of thousands of dollars of organization funds on personal items, including jewelry and clothing. Further, the suit alleged that the ΑΚΑ board approved a "pension stipend" of $4,000 a month for four years after McKinzie leaves office without the necessary approval of members, and that a $1 million life insurance policy was purchased for her. McKinzie was also accused of spending $900,000 on a life-sized wax statue of herself. McKinzie responded that $45,000 was actually spent on statues of herself and the sorority's first International President, the late Nellie Quander. McKinzie said the expenses were "consistent with furthering ΑΚΑ's mission," and that the lawsuit was "without merit." The plaintiffs additionally claimed that under McKinzie ΑΚΑ lost large sums in investments.[5] In October 2009, legal counsel for ΑΚΑ sent a letter to the plaintiffs' attorneys demanding that a web site supporting the lawsuit be removed from the Internet,[6] but the web site, Friends of the Weeping Ivy,[7] remained online.
After the lawsuit initially had been dismissed, [8] a Washington D.C. appeals court found in favor of the plaintiffs and reinstated the suit.[9][10] A subsequent audit led to findings which supported the assertions raised by the plaintiffs.[11][12][10]
According to ΑΚΑ's website, McKinzie has been expelled from the sorority since 2016.[13] The sorority won an arbitration award of $1.6 million against her, which was challenged by McKinzie in court.[14] However, the appeals court affirmed the award in favor of the sorority.[15]
References
[edit]- ^ a b McNealey, Earnestine G. (2006). Pearls of Service: The Legacy of America's First Black Sorority, Alpha Kappa Alpha. Chicago, Illinois: Alpha Kappa Alpha Sorority, Incorporated., p. 262.
- ^ Profile, thehistorymakers.org. Accessed February 24, 2024.
- ^ Parker, Marjorie H. (1999). Past is Prologue: The History of Alpha Kappa Alpha 1908-1999. Chicago, Illinois: Alpha Kappa Alpha Sorority, Incorporated., p. 137
- ^ McNealey 2006, op cit., p. 256.
- ^ Barbara McKinzie, Alpha Kappa Alpha President, Sued Over Personal Spending, Huffingtonpost.com. Accessed February 24, 2024.
- ^ "Archived copy" (PDF). Archived (PDF) from the original on 2017-02-23. Retrieved 2017-02-23.
{{cite web}}: CS1 maint: archived copy as title (link) - ^ "Friends of the Weeping Ivy". Archived from the original on 2017-09-12. Retrieved 2017-09-12.
- ^ Alpha Kappa Alpha lawsuit dismissed, washington.bizjournals.com. February 1, 2010.
- ^ Alpha Kappa Alpha Lawsuit Reinstated by D. C. Appeals Court Archived 2014-12-25 at the Wayback Machine
- ^ a b Audit finds trouble at black sorority Alpha Kappa Alpha, thegrio.com. March 23, 2012. Accessed February 24, 2024.
- ^ Alpha Kappa Alpha Sorority, Inc., Consolidated Financial Statements and Supplemental Information, Year Ended December 31, 2010, fileden.com. Accessed February 24, 2024.
- ^ Alpha Kappa Alpha Audit Finds Significant Accounting Problems In Nation's Oldest Black Sorority, Huffingtonpost.com. March 23, 2012.
- ^ Expelled and Revoked Members as of July 2016, aka-web.s3.amazonaws.com. Retrieved 2017-12-18.
- ^ Ex-sorority president seeks to overturn $1.6M arbitration award over embezzlement claims, cookcountyrecord.com. Accessed February 24, 2024.
- ^ McKinzie v Alpha Kappa Alpha sorority, casetext.com. Retrieved 2023-09-23.
External links
[edit]| International | |
|---|---|
| National | |
- 1954 births
- Living people
- East Central University alumni
- Kellogg School of Management alumni
- People from Ada, Oklahoma
- People from Cook County, Illinois
- American accountants
- American women accountants
- African-American businesspeople
- Women in finance
- American women business executives
- American business executives
- 21st-century African-American people
- 21st-century African-American women
- Alpha Kappa Alpha presidents
- African-American accountants