Page 28 - 2022 Feb Report

February Report 2022
Executive Committee Meeting (2) responsibilities and no additional compensation is necessary.
Line 42 – This is the idea that Diane Johnson had brought up at the Grant Program Committee meeting in December about being intentional in searching for grantee partners. This will be discussed at the March Grant Program Committee meeting.
Lines 42, 45 and 48 – The Committee questioned if these are already committed items or ones that could be easily eliminated, if need be. A contract has been signed for the Grantee Perception Research. Malcolm pointed out that all 3 of these are grant related expenses and actually contribute to the required minimum grant distributions.
Line 44 – Wasn’t Maridel going to be available for potential consulting if Bobby needs her? Bobby said that he is sensitive to the fact that she is retiring but agreed that $1,000 should be added here.
Line 48 – PACKS is the concept for a program that Kristine Webb spoke about at the convening. We are looking into engaging her to pursue potential implementation of this.
Line 56 – Bobby explained that the staff had done the Enneagram program this past year. It’s designed to foster better relationships through better understanding yourself and those you work with. He is considering Phase II of that program this year, or possibly some other staff development exercise.
Line 74 – This is for travel to Boston for the Investment/Finance Committee meeting in June.
Line 78 – The total estimated budget for Malcolm’s book remains at $75,000, but he does not anticipate
using all of that in 2022.
Line 94 – We do anticipate some moving expenses and possible furniture purchases. The move is currently set for April 1, but the exact date remains to be seen. The current tenant is moving to another floor and the build-out for them has been delayed by COVID related issues.
Considering the economy’s inflation rate of 7% and the fact that this budget reflects a significantly higher minimum grant distribution requirement, it was felt that this is a very realistic budget. Dick pointed out that between now and the March Board meeting, he will continue to tweak the budget, primarily with finalized numbers.
The Executive Committee approved this draft of the 2022 budget for presentation to the Board of Directors in March. It is understood that there will be further revisions between now and then.
Upcoming meetings:
a. February 22, 2022 – 8:00 a.m. EST via Zoom
b. March 21, 2022 – Toronto, Ontario Canada
c. September 12, 2022 – Seattle or Spokane, Washington
There being no other business, the meeting was adjourned at 10:27 a.m.
Respectfully submitted this 27th day of January 2022.
Sharon Wood Malcolm Macleod Office Manager Committee Chair
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