A quorum of the directors being in attendance, the meeting was called to order. President's Report. The President gave a summary of the corporation's activities since the time of the previous meeting of the board of directors. This was followed by a general discussion of the affairs of the corporation. Financial Report The Treasurer, assisted by the Corporation's staff financial officer, gave a overview of the of the Corporation's position. RESOLUTION Upon a properly made and seconded Motion it was unanimously RESOLVED to adopt the minutes of the board of directors meeting held on January 1, 2004.. RESOLUTION It has come to the board's attention that the Kellogg Foundation has accepted the this Corporation's recent funding proposal and now wishes to enter into a contract and the board wishes to authorize its officers to execute such relevant contract, for this reason, Upon an properly made and seconded Motion, and upon a majority vote, it was RESOLVED that the President of this Corporation is authorized and directed to execute a contract with the Kellogg Foundation for grant funds. Sally Smith abstained from the vote on this Motion. Clark Kent vote against it. Adjournment Upon a property made and seconded Motion, it was unanimously resolved to adjourn the meeting. Certification of Secretary I hereby certify that these are a true and correct copy of the "minutes" that were adopted by the board of directors of this Corporation on __________, 200__. _________________________________________ ------------------------------------------------------------------------------ SIGN IN SHEET Date of Meeting __________ Sally Jones ______________________________________ Enrique Rodriguez _____________________________________ Jean-Claude Pierre _____________________________________ Sally Hemmings _____________________________________ Thomas Jefferson _____________________________________ |