Meeting of the Board of Directors
January 31, 2015

The 199th meeting of the Board of Directors of the Capital District Kiwanis Foundation was held on January 31, 2015 at the Fredericksburg Hospitality House.

President Elect Gary Boswell opened the meeting at 10:00 AM. Gary Boswell led the Pledge of Allegiance and Nancy Simonelli gave the invocation.

Introduction of Guests: President Elect Boswell introduced Janet Brooks of Division 13 attending for Floyd Brown.

Roll Call - Charles Adams

The following members were in attendance:

Gary Boswell Nancy Simonelli Charles Adams
Tim Wesling Brian Bell Tom Varner
Scott Zimmerman Joe Maranto Dennis Grubbs
Bernice Oden Ken Hogan John Fox
Melinda Dalton Jon Rife Mike Dasovich
Tim Owings David Heppner  

Approval of Agenda- Motion to approve the agenda was made by Ken Hogan and seconded by Jon Rife. Motion passed.

Minutes of the November 11, 2014 Meeting: Motion to approve the minutes as circulated by email was made by Ken Hogan and seconded by Scott Zimmerman. Motion passed.

Treasurer Report: Tim Wesling circulated the Treasurer’s report by email to the Board. A motion to accept the Treasurer’s report was made by Brian Bell and seconded by Bernice Oden. Motion Passed.

Life Membership: Secretary Charles Adams reported that we have 2new life members since the last meeting.

Caring Corner: Email Nancy Simonelli of the number of baskets your division will donate. The raffle of the baskets will benefit the 8 pediatric trauma hospitals.

Ducky Derby: We need gift card or equivalent as additional prizes for the Ducky Derby. Please send them to Bob Cassada.

Founder’s Society- Bernice Oden reported no donations at this time.

Finance Committee – Gary Boswell reported that the Evergreen CD is coming due March 27th. Recommendation of the Finance Committee that it be rolled over for 1 year if available. Jon Rife moved that the rollover be approved Second by Tim Wesling. Motion passed.

See Financial Advisor's Report - Bob Cressy. January 2015.

New Business

New Business

CDKF Budget – Tim Wesling

The 2014 -2015 currently has a $4,169 deficit. Ken Hogan moved to make up the deficit by transferring funds from unrestricted funds to cover it, Second by Joe Maranto. Motion passed.

Check Writing- A motion was made by Ken Hogan to have checks over $1,000 require two signatures. Any 2 of the 4 –President, President-Elect, Secretary and Treasurer are acceptable. This needs to be added to the policy statements. Motion was seconded by Jon Rife. Motion passed.

Bylaws and Policy Statements
Jon Rife recommended that we change the policy statements to mirror the bylaws. Section3(A)1-change “trustee’ to Director. Section 5(A)1- Change Finance Committee to 7 members, not 5. Changes on the web site should be sent to Charles Adams who will forward them to CDKF Webmaster John Fox.

Name badges- Nancy Simonelli reported that clip badges (2 or 3 lines) were available from KI for $7.00. Foundation badges are available from Brothers Impressions in Va. Beach for $14.10. A motion was made to increase the 412 amount approved at the last meeting to $14.10.Second by Joe Maranto. Motion passed.

Mission Statement- President Sheets needs to set up a committee to create a new mission statement for CDKF.

Tablets of Honor- A motion was made by Jon Rife to approve two tablets of honor from the foundation to be presented at the DCON. Second by Ken Hogan. Motion passed.

There being no further business to come before the Board, Dennis Grubbs made a motion to adjourn. Seconded by Jon Rife. Motion passed. President – Elect Boswell adjourned the meeting.

The next Board meeting will be on April 10, 2015 at the DCON in Hotel Roanoke and Conference Center.

Respectfully submitted,
Charles Adams, Executive Secretary
Capital District Kiwanis Foundation