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June 2006 Board Minutes
Minutes
SFBA Chapter Board Meeting
May 21, 2006
Present: Ann, Craig, Elia, Ellen, Henry, Kathleen, Linda S, Sue, Tatiana and Vivian
Absent: Leslie, Linda B, Theresa (PAD)
Guests: Julia Trenia Wearing
I. Reading and Approval of the Minutes
The following corrections were noted for the 4/11/06 meeting:
1. Correspondence - HQ sent Vivian a DVD that gives an overview of BI programs, tools and resources, with emphasis on BI leadership in investment education. Vivian gave the DVD to Henry as she was unable to download and view it on her Computer.
2. The April minutes were approved as corrected.
II. 2006 - 2007 Events Calendar
A. Classes
1. Surveying our chapter's needs - classes
a) Tatiana is implementing an online survey. She will have an Excel spreadsheet on the web site. Visitors to the web site can complete the survey online. They will also be able to click on "Yahoo email" for a print version of the survey.
b) Kathleen said that surveys are not a good indicator of what classes members will actually attend. Surveys are good for finding out what new classes need to be developed.
c) Classes:
- Kathleen would like to offer classes on Value Line and on data sources
- Harriet would like to teach classes on 401ks and mutual funds
- Something for beginners in October/November:
2 classes on 11/4 -- Henry a.m./Sue p.m. (on the two books she has read for beginners)
Follow up to SSG 1 at the annual meeting -- sometime in October
- Accounting -- Leslie and Roxie are only board members who can teach it
- "Why Invest?" -- offer a 1 - 2 hour class similar to Gary Ball's presentation
- One-day beginners class -- find new members:
Retirement
401k
Why Invest?
Find a TV/radio station to sponsor it -- remember we are a non-profit
Date: March (instead of Forum)
d) How many new classes do we have to have for new members vs. the new classes we have at the Forum? NAIC requires classes on SSGs and club accounting for granting a charter to a chapter.
e) Henry said we could do a class/ classes in conjunction with the Parks and Recreation Department. They will publicize the class and split the costs with us.
f) Ask different organizations to have a class for their members
(Kathleen: American Assoc. of University Women -- AAUW)
g) Industry focus - Craig:
Find two corporate sponsors and put on a half-day program:
Each sponsor speaks on his company for ½ hour
Industry overview for one hour
Overview of the SSGs for one hour
Obtain material on different industries from other chapters
Obtain material from teachers who have given presentations on different industries
(Ron Bruyn and Hugh McManus)
Develop our own material
B. LANNs
We need to have a single director "drive" it if we want to have a lot of LANNs. They are very popular
C. Annual Meeting
1. Hold annual meeting in September -- tentative dates: 9/9 and 9/16
a) Meeting in the morning and classes/presentations in the afternoon
b) Lunch is free if members attend the annual meeting
2. Newsletter -- June/July issue (needs to be delivered to members 3 - 4 weeks before annual meeting)
3. Invite a sponsor from national and offer 2 - 3 concurrent classes:
SSG I
SSG Judgment
Toolkit (people aren't going to Toolkit classes probably because it is 3 hours long -- they may go if it is only 1 hour)
Discuss details of classes at next board meeting
4. Mills College
a) Auditorium for the meeting and speaker
b) Two rooms - 3 concurrent classes
Check to see if classrooms s have WiFi
c) Lunch outside in the courtyard
5. Craig, Harriet and Vivian will work on the annual meeting
D. Regional Meeting: October 13 - 15, 2006
1. We will have a lot of printing -- extra cost. Charge attendees $100
2. Ann, Henry and Ellen will work on the regional meeting: Theresa will handle registration
E. Forum
Are we going to have a Forum next year? Ann has stepped down as Forum chair. We discussed having a full day of classes (4 classes) instead -- sort of a "mini" Forum. (Attendance increases with the number of classes offered.)
1. Have the event at Mills College
a) If it goes well, plan a 2nd event for some time before next annul meeting ing meeting
b) Tentative dates: November and March
2. Lunch -- we cannot bring in food from outside; we have to use the Mills College catering service. If members take at least two classes, lunch is free
3. Computer and A/V capabilities at Mills -- check if WiFi is available in classrooms
4. Difference from Forum:
a) Vista.com -- free postcards
b) Regular classes -- no outside teachers
F. Model Club
1. Sue: we haven't been receiving reports/ money form the Model Club. Chapter needs to have contact with/ better communication from the Model Club.
2. Linda Benson needs to send information to the board:
- Agenda
- Minutes
- Send guest sign-in sheet to Roxie/email her names & contact information of guests (for the monthly E-Blast)
Roxie can post the Model Club agenda and minutes on the web site
III Point System
A. Ann passed out a sheet that defined the point system. She will send everybody an electronic copy
B. Minimum 155 points needed to qualify for reimbursement of expenses for national events. Sue thought the minimum should be 170 points. Henry thought the minimum should be 200 points.
Motion:
Henry moved that directors need a minimum of 200 points to qualify for reimbursement to national events based on the 12 months prior to the request for reimbursement
Linda Soliven seconded the motion
The motion passed with one negative vote
Directors can fill out a "Point System" form and submit it along with their expense vouchers
C. The current reimbursement amount is $550
IV. Unfinished Business
Board Membership Recruitment Committee (new board members) -- Kathleen
- Can attend a session/talk to other directors at CompuFest
- She went to a meeting on this issue. They suggested that we make announcement at classes and put something on the class evaluation sheets
V. New Business
Elia will be gone August - January and will be asking for a leave of absence
VI. Treasurer's Report Sue sent out the May Treasurer's report
VII. Unfinished Business - None
VIII. Adjournment
