January 20, 2015 | gladdenk
The Chairperson, Nancy Eggenberger, called the meeting to order at 7:31 PM.
Present: N. Eggenberger, M. Farell, S. Foster, D. Turner
Absent: J. Fausone, T. Hartnett
Also Present: E. Davis, K. Gladden
Call To Audience
(L. Golden, R. Havenstein-Coughlin, M. Nicholson, L. Papa, D. Skopczynski, N. Szczepanski) – None
Approval Of Agenda
The agenda was approved as amended by unanimous consent.
Approval Of General Meeting Minutes
The minutes were approved by unanimous consent.
E. Davis acknowledged a thank you note received from Secretary/Treasurer M. Farell for flowers sent by the board to her grandmother’s funeral.
2014 invoices are still coming in. The financial reports will officially be adjusted and closed out after the auditors come at the end of February; Davis expects that the library will end the year with around $200,000 to be added to the Fund Balance. She also explained that deferred income listed on the balance sheet summary was actually 2015 tax revenue that had been received in 2014.
Davis will contact Jerry Grady, chair of the Canton Community Foundation board, and arrange for him and the foundation’s interim leader Greg Schupra to meet with the board about transferring the endowment to the Foundation.