Board meeting, February 1st, 2005
Attending:
- Benj. Mako Hill (mako) (Vice President)
- Branden Robinson (Overfiend)
- David Graham (cdlu) (Secretary)
- Ian Jackson (IanJackson)
- Jimmy Kaplowitz (Hydroxide) (Treasurer)
- John Goerzen (CosmicRay) (President)
- Martin Schulze (Joey-)
Absent:
- Bdale Garbee
Absent with regrets:
- Bruce Perens
Invitees present:
- Michael Schultheiss (schultmc)
Agenda:
- Opening
- Roll call
- President's update (John Goerzen)
- Treasurer's report (Jimmy Kaplowitz)
- Outstanding minutes (David Graham)
- Next meeting
Recorder: David Graham (Secretary)
The following minutes were adopted by the Board of Directors at its March 1st, 2005 meeting.
Minutes for the February 1st, 2005 Board meeting, held at 19:00 UTC in
#spi on irc.spi-inc.org.
President's update (John Goerzen)
Nothing to report that will not be discussed under other items.
Treasurer's report (Jimmy Kaplowitz)
See appendix C for the text of the report.
The treasurer's report was accepted, as delivered, with the following results:
| Ian Jackson | Yes |
| Jimmy Kaplowitz | Abstain |
| Benj. Mako Hill | Yes |
| Branden Robinson | Yes |
| David Graham | Yes |
| Martin Schulze | Yes |
| John Goerzen | Yes |
Yes: 6, No: 0, Abstain: 1.
Outstanding minutes (David Graham)
December 7th, 2004
| David Graham | Yes |
| Branden Robinson | Yes |
| Benj. Mako Hill | Yes |
| John Goerzen | Yes |
| Jimmy Kaplowitz | Yes |
| Ian Jackson | Yes |
| Martin Schulze | Yes |
The minutes for December 7th, 2004, were approved by a vote of:
Yes: 7, No: 0, Abstain: 0.
January 4th, 2005
Deferred to March 1st.
The next meeting is scheduled for March 1st, 2005 at 19:00 UTC.
The meeting closes at 19:15 UTC.
Appendix A: Current Board Membership
| Date elected | Name | Role |
|---|---|---|
| [2003-03-11] | John Goerzen | President |
| [2003-03-11] | Benjamin Mako Hill | Vice President |
| [2003-11-29] | David Graham | Secretary |
| [2004-02-20] | Jimmy Kaplowitz | Treasurer |
| [2004-07-29] | Bdale Garbee | |
| [2004-07-29] | Branden Robinson | |
| [2003-11-29] | Ian Jackson | |
| [2003-03-11] | Bruce Perens | |
| [2003-11-29] | Martin "Joey" Schulze |
Appendix B: Approved Resolutions
Appendix C: Treasurers' Report
February 2004 Treasurer's Report
Software in the Public Interest Financial Data
==============================================
This report uses a cash-based method of accounting,
recording donations when deposited (not when the check was
written or received by us) and recording expenses when paid
(not when incurred). Network for Good processing fees are
listed as negative income; the expense category does not
include those because they are subtracted from donations
before we receive them.
Profit/Loss Jan 1 2005 - Jan 31 2005
Ordinary Income/Expense
Income
Donations
Debian 545.00
GNOME 20.00
Unrestricted 300.00
Network for Good Processing Fees (6.00)
Total Donations 859.00
Dividend Income
AmEx Cash Mgmt Acct X,XXX.XX*
Total Dividend Income X,XXX.XX*
Total Income 859.00*
Expense
Total Expense 0.00
Net Ordinary Income 859.00*
Net Income 859.00*
Balance Sheet as of Jan 31, 2005
ASSETS
Current Assets
FirstIB Checking 11,536.01
AmEx Cash Mgmt Acct 39,672.57*
Total Current Assets 51,208.58*
TOTAL ASSETS 51,208.58*
LIABILITIES & EQUITY
Equity
Retained Earnings 50,349.58
Net Income 859.00*
Total Equity 51,208.58*
TOTAL LIABILITIES & EQUITY 51,208.58*
Lines marked with a * need to be adjusted to take into
account the January dividend payment into the American
Express Financial Advisors Cash Management account
(abbreviated AmEx Cash Mgmt Acct above), for which no
statement has yet been issued. We are working on
setting up online access to the account, which will
eliminate this difficulty for months after it is set up.
Instead of delaying this report further, the missing
dividend income from January will be included in the report
for February 2005 and will be noted as having occurred in
January.
- - Jimmy Kaplowitz, SPI Treasurer
Appendix D: Meeting Log
For the meeting log, please see the original minutes in the mailing list archive.