Board Meeting, November 15th, 2005

Board members present

  • John Goerzen (CosmicRay) (President)
  • Benj. Mako Hill (mako) (Vice-President)
  • David Graham (cdlu) (Secretary)
  • Jimmy Kaplowitz (Hydroxide) (Treasurer)
  • Branden Robinson (Overfiend)
  • Martin Schulze (Joey)

Board members absent

  • Ian Jackson (IanJackson)
  • Bdale Garbee (bdale)
  • Bruce Perens (BrucePerens)

Guests

  • Michael Schultheiss (schultmc)
  • Luk Claes (luk)

These are the draft minutes for the November 15th, 2005 SPI Board meeting, held at 19:00 UTC in #spi on irc.spi-inc.org. LOG

President's report

None received

Treasurer's report

Four treasurer's reports are presented for approval. Moved by Branden Robinson, seconded by Benj. Mako Hill, the four sets were voted on together.

Jimmy Kaplowitz:Yes
John Goerzen:Abstain
Martin Schulze:Yes
Branden Robinson:Yes
Benj. Mako Hill:Yes
David Graham:Yes

Motion is approved by a vote of 5-0-1.

Outstanding minutes

Moved by Branden Robinson, seconded by David Graham, the minutes for the board meeting of 2005-06-21 were voted on:

David Graham:Yes
Jimmy Kaplowitz:Yes
John Goerzen:Abstain
Benj. Mako Hill:Yes
Branden Robinson:Yes
Martin Schulze:Abstain

Motion is approved by a vote of 4-0-2.

OpenVAS: Nessus fork

Moved by David Graham, seconded by Branden Robinson, that OpenVAS be accepted as an SPI member project with a formal resolution to follow.

David Graham:Yes
John Goerzen:Yes
Jimmy Kaplowitz:Yes
Branden Robinson:Yes
Benj. Mako Hill:Yes
Martin Schulze:Yes

Adjournment

The board meeting is adjourned until December 13th, 2005.

Appendix: 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. We now have Q3 2005 data
for our Ameriprise Financial account (with income from the
RVS Cash Management fund)[1], which is included in October's
report despite it covering a period of three months.

Profit/Loss October 1 2005 - October 31 2005

   Ordinary Income/Expense
      Income

        RVS Cash Management Fund Income              283.23[1][2]

      Total Income                                   283.23[3]

      Expense
        Bookkeeper fees (SPI earmark)               (120.00)
        FirstIB statement fees (SPI earmark)          (9.00)
        CSC representation services (SPI earmark)   (299.00)
        Providence PO box renewal (SPI earmark)      (34.00)
        Miscellaneous treasurer costs (SPI earmark)  (14.26)
      Total Expense                                 (476.26)

   Net Ordinary Income                              (193.03)

   Net Income                                       (193.03)

Balance Sheet as of October 31, 2005

   ASSETS
     Current Assets
        First IB Checking
          Known Debian Earmark (non-DebConf5)      3,814.83
          Known DebConf5 Earmark                  13,258.30
          Known GNOME Earmark                         20.00
          Known GNU TeXmacs Earmark                    9.70
          Known Unrestricted Earmark                 327.14
          Earmark to be Determined                12,258.78
        Total First IB Checking                   29,688.75

        Ameriprise Financial Acct
          Earmark to be Determined                40,393.26
        Total Ameriprise Financial Acct           40,393.26[1]

     Total Current Assets                         70,082.01

   TOTAL ASSETS                                   70,082.01

   LIABILITIES & EQUITY
     Equity
        Retained Earnings                         70,275.04
        Net Income                                  (193.03)
     Total Equity                                 70,082.01

   TOTAL LIABILITIES & EQUITY                     70,082.01

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

[1] Ameriprise Financial used to be American Express Financial Advisors. The
RVS Cash Management Fund used to be the AXP Cash Management Fund. Aren't
corporate spin-offs fun?

[2] This is current as of October 13, the closing date of our most recent
Ameriprise statement, and covers the period from July 14 through then.

[3] Again, keep in mind that the lack of donations listed only means we did
not deposit any donations in October, not that we received none. Reread the
first paragraph of this report if this is unclear.