Minutes for May 18, 2016
10 am – noon
Brown Adams, 2600 El Camino Real, 6th floor, Palo Alto, CA
Call to order. Attending were Fred Kohler, Greg Fowler, Anne Dunham, Daniel Margulies, Gail Wilson
We approved minutes from 2/17/16 and 4/25/16
Treasurer’s report. As of March 31, Money Market Fund holds $2,698.53; portfolio holds $3,574,030.88. We’ve made payments to Brown Adams, Streamline Office, the Attorney General and Franchise Tax Board.
Update on Form 3500 filing status with Franchise Tax Board-Form 3500 has been accepted.
Gail filed the SI-100 with the state and paid with her credit card. Will reimburse.
Governance documents / elections-We voted to accept the new governance documents as presented and elect our officers.
Daniel Margulies-Vice President
Gail Wilson-Treasurer, with Anne Dunham as backup
We voted to make the following grants, before the May 31, 2016 end or our fiscal year:
Braille Transcription Project of Santa Clara County -$5000
Lions Center for the Blind – Oakland Braille Embosser-$5000
BAADS – Bay Area Association of Disabled Sailors-$10,000
Marin Sailing School – Program for the Blind-$10,000
National Braille Press-$5,000
Cash has been transferred from the portfolio account to the cash account. Gail will send the checks before the end of the month.
Next meeting scheduled for September 21 at 10:00am at Brown Adams.