Muncie Gold Award

Aims and Purpose

1. To continue the merit rating plan implicit in both the Follmer Bronze Award and the Reeves Silver Award.
2. To reward HFMA members who travel the "third mile" on behalf of their chapters. Note: The specific aims and purposes of the Reeves Silver and Muncie Gold Awards are intended to augment those of the Follmer Bronze Award.

Scoring Details

1. The award became effective June 1, 1969.
2. Retroactive scoring is permissible in all categories in the point system if appropriate documentation is presented.
3. The individual scoring record for the Muncie Award will be initiated by the national office and forwarded to the chapter secretary. The form will show:
   1. The number of points (in excess of points needed to qualify for the Reeves Silver Award) that the individual has earned toward the Muncie Gold Award.
   2. The year in which additional points for the Muncie Gold Award can begin to be recorded.
4. One hundred (100) points are needed to qualify for the award. Thus, a member must earn a total of 300 points* to receive the award.
5. Records for each chapter member are maintained by the chapter for the current year. Previous years' records are maintained by the national office.
6. Computer-generated forms are forwarded by the national office to the chapter secretary before May 31 each year for insertion of points earned by individual members during the previous year. The completed forms are returnable to the national office before July 31, signed by the chapter secretary and verified by the chapter president's signature.
7. Computer-generated printouts of accumulated points earned by individual members are forwarded to the chapter before November 30. The chapter secretary will inform individual members of point status via the best means available.
8. The national office, when recording current year's points will identify members, who qualify for the award and will immediately order the inscribed plaque. The chapter presidents will be notified by letter of the names of recipients.
9. No credit for any term of chapter service of less than one-half of the chapter fiscal year will be recognized in any category.

*Including the 200 points needed for the Follmer Bronze and Reeves Silver Awards..

Frederick T. Muncie Biography

One of the organizing members of the American Association of Hospital Accountants (now HFMA), Frederick T. Muncie, was unanimously elected its first president, serving from 1947-1949. A native of Indiana, Muncie studied accounting and law and received his CPA certificate from the state of Indiana in 1924. He worked in industrial accounting and in public accounting with one of the larger public accounting firms in Chicago until 1929 when he became controller of St. Luke’s Hospital in Chicago. During the 17 years that he was controller at St. Luke’s, Muncie became intensely interested in hospital accounting as a specialty and developed an accounting system which brought accountants from all parts of the country to Chicago to confer with him.

Early in 1946, he resigned his position at St. Luke's to establish his own public accounting firm with headquarters in Chicago. For several years, Muncie served as a faculty member at institutes in hospital accounting at Indiana University. In 1948, his efforts prompted the very successful hospital session at Endicott, New York, hosted by the International Business Machines Corporation.

Although his duties as president of the Association kept Muncie exceptionally busy, he found time to help Chicago area hospital accountants organize the first AAHA chapter, First Illinois. He was able to watch his chapter grow to be one of the largest in the Association. He contributed a great deal of effort to the annual institute at Indiana University in 1949 and the clinic and workshop at Indiana University in 1950 serving as chairman and co-chairman of these sessions. He continued working for the development and refinement of hospital accounting and financial management until his untimely death on December 4, 1950.