2005-07-26

This is the proposed agenda for the Board meeting of July 26th, 2005, to be held at 19:00 UTC in #spi on irc.spi-inc.org.

1. Opening
2. Roll call
   1. Regrets received from Bdale Garbee and Benj. Mako Hill
3. President's report (John Goerzen)
4. Treasurer's report (Jimmy Kaplowitz)
5. Items up for discussion:
   1. Open Source Initiative resolution (Bruce Perens)
   2. LinuxFund.org grant offer (Jimmy Kaplowitz)
   3. Tax filing and book keeping status
6. Next board meeting: Tuesday, August 16th, 2005 (John Goerzen)

Treasurer's Report

Software in the Public Interest Financial Data
==============================================

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). Network for
Good processing fees are no longer listed, both to avoid
confusion and since they are already subtracted out from our
check before we ever receive it.

Profit/Loss June 1 2005 - June 30 2005

   Ordinary Income/Expense
      Income
        Donations
          DebConf5 Sponsorship                    22,000.00
          Debian (except DebConf5 Sponsorship)     2,724.60[1]
          Unrestricted                               225.02
        Total Donations                           24,949.62

        First IB Fee Reversals  (SPI)                 60.00[2]
      Total Income                                25,009.62

      Expense
        LinuxWorld Reimbursement (Debian earmark)   (110.25)
        Canadian Exchange Rate Adjustments (Debian)  (30.09)
      Total Expense                                 (140.34)

   Net Ordinary Income                            24,869.28

   Net Income                                     24,869.28

Balance Sheet as of June 30, 2005

   ASSETS
     Current Assets
        First IB Checking
          Known Debian Earmark (non-DebConf5)      2,262.15
          Known DebConf5 Earmark                  22,000.00
          Known GNOME Earmark                         20.00
          Known Unrestricted Earmark               1,229.69
          Earmark to be Determined                12,258.78
        Total First IB Checking                   37,770.62

        AmEx Financial Advisors Acct
          Earmark to be Determined                39,882.62
        Total AmEx Financial Advisors Acct        39,882.62

     Total Current Assets                         77,653.24

   TOTAL ASSETS                                   77,653.24

   LIABILITIES & EQUITY
     Equity
        Retained Earnings                         52,783.96
        Net Income                                24,869.28
     Total Equity                                 77,653.24

   TOTAL LIABILITIES & EQUITY                     77,653.24

- Jimmy Kaplowitz, SPI Treasurer
treasurer@spi-inc.org

[1] This includes the full face value of our first-ever Canadian check
received, which was originally deposited in April and redeposited after
bank hassles in June, as well as the full face value of our second-ever
Canadian check received, which seems to have been handled smoothly by FirstIB.

[2] These fees are as explained in Branden's BANK: mail sent to spi-private
with Message-ID: <20050620083344.GA31302@redwald.deadbeast.net>.

Resolutions

Resolution 2005-07-26.bp.1: Open Source Initiative domain transfer

1. WHEREAS The historical reasons for SPI holding the opensource.org domain no longer apply;

2. The board resolves that the opensource.org domain be transferred to the Open Source Initiative Inc.