Board Meeting, September 8th, 2010

Board members present

  • Bdale Garbee (bdale) (President)
  • Joerg Jaspert (Ganneff) (Vice President)
  • Michael Schultheiss (schultmc) (Treasurer)
  • Jonathan McDowell (Noodles) (Secretary)
  • Joshua D. Drake (linuxpoet)
  • David Graham (cdlu)
  • Jimmy Kaplowitz (Hydroxide)

Board members partially present

  • None

Board members absent with regrets

  • Martin Zobel-Helas (zobel)

Board members absent

  • None

Board advisors present

  • None

Registered guests present

  • None

These are the minutes for the September 8th, 2010 SPI Board meeting, held at 20:00 UTC in #spi on irc.spi-inc.org. LOG

President's Report

Bdale reports that he would be attending LinuxCon Japan and related events in Tokyo and looked forward to seeing SPI members there.

Treasurer's Report

Michael Schultheiss provided the following financial reports for August 2010:

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).

Income Statement
for the Period August 01, 2010 - August 31, 2010

 Income
   Ordinary Income
        Debian                           9,936.33
        Drupal                              89.86
        freedesktop.org                     75.00
        Gallery                             90.00
        Madwifi-project.org                 60.00
        OpenOffice.org                     983.00
        OpenVAS                             50.00
        OpenWrt                             94.86
        Path64                              10.00
        PostgreSQL                         614.86
        SPI General                        286.02
        SPI 5%                             207.51
        YafaRay                            100.00

        Total Ordinary Income           12,597.44
                                        ---------

   Interest Income
        Key Bank Money Mkt Savings           2.15
        Chase BusinessClassic Checking       0.18
        Chase Bus Select High Yield Savings  3.73

        Total Interest Income                6.06
                                             ----

   Gross Income                         12,603.50
                                        ---------

 Expenses
  Ordinary Expenses

        Debian
          Food (DC10)            16,589.07
          Office Supplies (DC10)     78.47
          Processing Fees            99.29
          SPI 5%                     99.14
          Transportation (DC10)     120.80
          Travel Reimbursement    1,046.13
          Travel Reimb (DC10)     5,703.00
          Video Team Exp (DC10)     371.83
          Wire Fee (DC10)            15.00

          Total Debian Exp       24,122.73
                                 ---------

        Drupal
          SPI 5%                      4.49

          Total Drupal Exp            4.49
                                      ----
       =20
        freedesktop.org
          Processing Fees             4.40
          SPI 5%                      3.75

          Total fd.o Exp              8.15
                                      ----

        Gallery
          Processing Fees             2.48
          SPI 5%                      4.50

          Total Gallery Exp           6.98
                                      ----

        madwifi-project.org
          Processing Fees             3.10
          SPI 5%                      3.00

          Total madwifi Exp           6.10
                                      ----
                                     =20
        OpenOffice.org (OO.o)
          Processing Fees            46.42
          SPI 5%                     49.15

          Total OO.o Exp             95.57
                                     -----
        OpenVAS
          Processing Fees             2.35
          SPI 5%                      2.50

          Total OpenVAS Exp           4.85
                                      ----

        OpenWrt
          Processing Fees             0.55
          SPI 5%                      4.74

          Total OpenWrt Exp           5.29
                                      ----

        Path64
          Processing Fees             0.75
          SPI 5%                      0.50

          Total Path64 Exp            1.25
                                      ----

        PostgreSQL
          Processing Fees            14.98
          SPI 5%                     30.74
          T-shirts                  679.18

          Total PostgreSQL Exp      724.90
                                    ------

        SPI
          Office Supplies            70.61
          PaySimple Monthly Fee      29.95
          Transaction Fees          908.73

          Total SPI Exp           1,009.29
                                  --------

        The HeliOS Project
          Expense Reimbursement     288.00

          Total HeliOS Exp          288.00
                                    ------

        YafaRay
          Book                       50.67
          Processing Fees             4.35
          SPI 5%                      5.00

          Total YafaRay Exp          60.02
                                     -----

        Total Expenses           26,337.62
                                 ---------

        Net Income              (13,734.12)
                                ===========


Balance Sheet as of August 31, 2010

   ASSETS
     Current Assets
        Chase BusinessClassic Checking with Interest      18,850.66
        Chase Business Select High Yield Savings          27,540.23
        Key Business Reward Checking                      90,151.74
        Key Business Signature Money Market Savings       50,513.24
        Ameriprise Cash Mgmt Acct                         13,401.62

     Total Current Assets                                200,457.49


   TOTAL ASSETS                                          200,457.49


   LIABILITIES & EQUITY

     General and current liabilities                           0.00

     Equity
        Reserves held in trust
           Debian Earmark                    87,782.68
           Drupal Earmark                     2,735.37
           Freedesktop.org Earmark            2,315.48
           Gallery Earmark                    6,968.51
           GNU TeXmacs Earmark                    9.70
           Madwifi.org Earmark                1,444.78
           OpenOffice.org Earmark            15,698.75
           OpenVAS                               45.15
           OpenWrt                              471.98
           Open Voting Foundation Earmark        90.09
           Path64                                 8.75
           Plan 9 Earmark                     6,500.00
           PostgreSQL Earmark                31,020.14
           Privoxy Earmark                      335.35
           Privoxy Earmark                      335.35
           The HeliOS Project                  (215.92)
           Tux4Kids Earmark                   5,529.05
           YafaRay Earmark                      238.36

        Total held in trust                              160,978.22

        General reserves                                  39,479.27


     Total Equity                                        200,457.49

   TOTAL LIABILITIES & EQUITY                            200,457.49

Secretary's report

Jonathan reported there had been a couple of emails from projects interested in becoming associated with SPI, and both had been replied to. There was also an outstanding request from sidux, which Ferdinand (devil) informed us was no longer valid.

Outstanding minutes

There were no outstanding minutes available for voting upon.

Any other business

Joshua asked if the rest of the board would consider Cyanogen and K9 Mail (both Android related projects) as suitable candidates for associated project status. There were no objections to him contacting them.

Adjournment

The meeting was adjourned until Wednesday, October 13th, 2010 at 20:00 UTC in #spi on irc.spi-inc.org.

Appendix A: Current Board Membership

Last electedNameRole
July 2010
Bdale GarbeePresident
July 2010
Joerg JaspertVice President
July 2009
Jonathan McDowellSecretary
July 2009
Michael SchultheissTreasurer
July 2010
Joshua D. Drake
July 2010
Martin Zobel-Helas
July 2008
David Graham
July 2008
Jimmy Kaplowitz