Date:††† 05-24-2011†††† Location: Stone Well Rest.
Present: Board Members: Richard Belliveau, Andrew Arsenault, Bill Cowell, Ken Nelson, James Murdock, Steve Meltzer, and Richard Morgenstern
The Friends of the First Company Governorís Horse Guards held a board meeting on 24 May 2011 to review its financial position and conduct any new business that arises.
Minutes - The meeting minutes of 04-22-2011 were reviewed and approved. Motion made by Steve Meltzer †and 2nd by †Ken Nelson.
Financial Review:-Ken Nelson reported that the balance in Friends accounts is $96,050.66 as of 12/31/2010 which would be reduced by $15,000 once the donation check to 1GHG was cut this month. See attached financial report for details..
Golf Committee Steve Meltzer reported that the golf committee was still moving forward with this yearís golf tournament. The progress was slow to date but moving forward.
Horse Show ††Horse Show scheduled for 19 June, 2011.The coverage for the insurance for this yearís horse show has not yet been completed at a cost of $250.00.
Donations Status †
∑ Check to be issued for the 2011 donation† to the 1GHG
Resolution to limit funds donated †Motion: For a resolution that the Friends of 1GHG do not allocate more than100% of the net income from the prior year to be donated in the upcoming year was withdrawn from consideration by Bill Cowell.
Next meeting.4tht Quarter 2011 DBT†††††††††††††††††††††
William J. Cowell, Secretary†††† http://www.friendsofthefirstcompanygovernorshorseguards.org/