Temecula Valley Rose Society Finance Committee Report

Meeting Date: November 12, 2013 from 1 pm to 3 pm

Meeting Place: 46261 Hunter Trail, Temecula, CA 92592

Attendees: Bonnie Bell, Frank Brines, Margaret Granlund, Ron Rumbold, Rebecca Weersing

 

ACTIVITIES & ACCOMPLISHMENTS SINCE LAST MEETING:

Ø Approval of In-Kind Donation form, Green Thumbs letter/fundraising

Ø Review draft of 2014 budget to present to Board  for adoption

Ø Philanthropy Summit Highlights
* Streamline board/committee communications through website
* Ask for donations through planned giving & annual campaign
* Reinstate donation request information & wish-list on website

 

RECOMMENDATIONS  REQUIRING BOARD APPROVAL:

MOTION: To authorize the Treasurer to transfer $653.00 from Wells Fargo checking to savings for additional reserve funds, totaling $2500.00 year-to- date.  Moved by Bonnie Bell; Second Margaret Granlund.  Carried  _x_ Yes

MOTION:  To authorize Rose Haven Volunteer Accident insurance coverage to be added to the existing policy at a cost of $635.00. Moved by Margaret Granlund. Second;  Carried  _x_ Yes

MOTION: To accept Rebecca Weersing’s forgiveness of $4750.00 Rose Haven Development loan from 2007. Funds to be recognized as income in 2013. Moved by Frank Brines; Second Ron Rumbold.  Carried  _x_ Yes

MOTION: To authorize reimbursement of 8 attendees to the November 5th Philanthropy  Summit at $15 per attendee at a cost of $120.00.  Moved by Bonnie Bell; Second Ron Rumbold.  Carried  _x_ Yes

 

REVIEW OF FINANCIAL REPORTS  OCTOBER 31, 2013:

ü  Balance Sheet

ü Income & Expense Statements (summary, detail)

ü Ratify checks, autopay, adjustments

 

Respectfully submitted:

Committee Chair Rebecca Weersing

 

Please submit Report to President by Wednesday prior to Board meeting