Board meeting, July 26th, 2005

Board members present

John Goerzen (CosmicRay) (President)
David Graham (cdlu) (Secretary)
Jimmy Kaplowitz (Hydroxide) (Treasurer)
Branden Robinson (Overfiend)
Ian Jackson (IanJackson)
Martin Schulze (Joey) (late)

Board members absent with regrets

Benj. Mako Hill (mako) (Vice President)
Bdale Garbee (bdale)

Board members absent

Bruce Perens (BrucePerens)

Registered guests present

Michael Schultheiss (schultmc)
Antti-Juhani Kaijanaho (ibid)

Recorder: David Graham (Secretary)

Opening
Roll call
- Regrets received from Bdale Garbee and Benj. Mako Hill
President's report (John Goerzen)
Treasurer's report (Jimmy Kaplowitz)
Items up for discussion:
- Open Source Initiative resolution (Bruce Perens)
- LinuxFund.org grant offer (Jimmy Kaplowitz)
- Tax filing and book keeping status
Next board meeting: Tuesday, August 16th, 2005 (John Goerzen)

These are the draft minutes for the July 26th, 2005 SPI Board meeting, held at 19:00 UTC in #spi on irc.spi-inc.org.

Treasurer's Report

LinuxFund has offered to donate $500 per month for 12 months, starting in August, to the Debian project. Accepting the donation is left to the Debian project.

Motion to accept the treasurer's report moved by Jimmy Kaplowitz, seconded by David Graham.

David Graham	Yes
Branden Robinson	Yes
Jimmy Kaplowitz	Yes
John Goerzen	Yes
Ian Jackson	Yes
Martin Schulze	Yes

Resolution 2005-07-26.bp.1: Opensource.org

Resolution 2005-07-26.bp.1: Open Source Initiative domain transfer

      1. WHEREAS The historical reasons for SPI holding the opensource.org domain no longer apply;
      2. The board resolves that the opensource.org domain be transferred to the Open Source Initiative Inc.

Ian Jackson states the reason that he objects to this resolution is that "SPI is a membership controlled organisation and OSI is a self-perpetuating board. I don't think a self-perpetuating board is an appropriate structure for this."

David Graham states that this is just where SPI was three years ago.

Branden Robinson states that "I for one am pleased to see that OSI has suddenly realized that license proliferation is bad thing, after spending so many years being the single biggest cause of it, but IMO it's not enough."

Jimmy Kaplowitz moves for a vote on the resolution, seconded by David Graham.

Jimmy Kaplowitz	Yes
David Graham	Yes
Ian Jackson	No
Branden Robinson	No
John Goerzen	Abstain
Martin Schulze	Abstain

Resolution 2005-07-26.bp.1 fails with a vote of: Yes: 2, No: 2, Abstain: 2.

Tax Filing Status

No real progress is reported.

Adjournment

The meeting is adjourned until August 16th, 2005 at 19:00 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: Treasurer's report

   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 sent
or scheduled for payment (not when incurred). Network for
Good processing fees are no longer listed, both to avoid
confusion and since they are already subtracted out from our
check before we ever receive it.

Profit/Loss June 1 2005 - June 30 2005

   Ordinary Income/Expense
      Income
        Donations
          DebConf5 Sponsorship                    22,000.00
          Debian (except DebConf5 Sponsorship)     2,724.60[1]
          Unrestricted                               225.02
        Total Donations                           24,949.62

        First IB Fee Reversals  (SPI)                 60.00[2]
      Total Income                                25,009.62

      Expense
        LinuxWorld Reimbursement (Debian earmark)   (110.25)
        Canadian Exchange Rate Adjustments (Debian)  (30.09)
      Total Expense                                 (140.34)

   Net Ordinary Income                            24,869.28

   Net Income                                     24,869.28

Balance Sheet as of June 30, 2005

   ASSETS
     Current Assets
        First IB Checking
          Known Debian Earmark (non-DebConf5)      2,262.15
          Known DebConf5 Earmark                  22,000.00
          Known GNOME Earmark                         20.00
          Known Unrestricted Earmark               1,229.69
          Earmark to be Determined                12,258.78
        Total First IB Checking                   37,770.62

        AmEx Financial Advisors Acct
          Earmark to be Determined                39,882.62
        Total AmEx Financial Advisors Acct        39,882.62

     Total Current Assets                         77,653.24

   TOTAL ASSETS                                   77,653.24

   LIABILITIES & EQUITY
     Equity
        Retained Earnings                         52,783.96
        Net Income                                24,869.28
     Total Equity                                 77,653.24

   TOTAL LIABILITIES & EQUITY                     77,653.24

- Jimmy Kaplowitz, SPI Treasurer
treasurer@spi-inc.org

[1] This includes the full face value of our first-ever Canadian check
received, which was originally deposited in April and redeposited after
bank hassles in June, as well as the full face value of our second-ever
Canadian check received, which seems to have been handled smoothly by FirstIB.

[2] These fees are as explained in Branden's BANK: mail sent to spi-private
with Message-ID: <20050620083344.GA31302@redwald.deadbeast.net>.