Resolution:2010-11 Annual Plan: Difference between revisions

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In favor: <tvar name="1">Jimmy, Ting, Jan-Bart, Michael, Stu, Arne, Bishakha, Matt</tvar>
In favor: <tvar name="1">Jimmy, Ting, Jan-Bart, Michael, Stu, Arne, Bishakha, Matt</tvar>


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Opposed: <tvar name="1">SJ</tvar>
Opposed: <tvar name="1">SJ</tvar>


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Abstaining: <tvar name="1">Kat</tvar>
Abstaining: <tvar name="1">Kat</tvar>
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Revision as of 10:58, 27 January 2024

Resolutions 2010-11 Annual Plan Feedback?
This resolution approving the Foundation's 2010-11 Annual Plan was approved 8-1 in June 2010.

Resolved that:

That the Board of Trustees hereby approves management's proposed 2010-11 annual plan of $20.4 million of spending and $20.4 million of revenues with the annual reserve remaining at $13.0 million at the end of 2010-11. These amounts do not include restricted gifts to fund additional project work such as the Public Policy grant.

If, during the year, management anticipates the annual reserve at each quarter-end will differ materially from the plan, the Board directs management to consult the Board Treasurer promptly.

References


Motion to vote: Stu

Approve: 8-1.

In favor: Jimmy, Ting, Jan-Bart, Michael, Stu, Arne, Bishakha, Matt

Opposed: SJ

Abstaining: Kat