C. A. MacLean Bursary Foundation – December 17, 2023
Teams Meeting
Present: President Dave Bruha, Mario Prusina, Eric Anderson, Amanda Zimmer, Dennis
Merrell
Regrets: Rebecca Dika
Recording Secretary: Maurizia Hinse
Dennis Merrell started off the meeting by giving an update on the vouchers.
He reported that at the last C. A. MacLean meeting, the C. A. MacLean Committee approved a $15,000 educational grant to help subsidize the AWNA annual convention. This amount was transferred by BMO Nesbitt from the C. A. MacLean account to the AWNA account. $5,700 was used; $9,300 is left from the $15,000. It is currently sitting in our Balance Sheet. He added it is up to the C. A. MacLean board to decide what to do with this amount.
It was suggested to transfer the amount back to the C. A. MacLean account where it could be re-invested.
A motion will be put forward after the rest of the Agenda items have been dealt with.
Approval of Minutes, Teams Meeting, Friday, December 2, 2022
Moved by Mario Prusina, seconded by Eric Anderson to approve the minutes from the December 2 meeting. Carried.
Approval of Minutes, Teams Meeting, Friday, January 10, 2023
Moved by Amanda Zimmer, seconded by Dave Bruha to approve the minutes from the January 10, 2023 meeting. Carried.
Audited Financial Statement ending December 31, 2022
Dennis Merrell reported that we did have a $12,000 loss on our investments. The AWNA account experienced the same downturn as well. We have $130,000 in net assets less the $5,700 in the account, at this point.
Dennis suggested that we maintain our current approach to handling the C.A. MacLean investments. Things are looking much better.
Moved by Amanda Zimmer, seconded by Eric Anderson to accept the Financial Statements, as presented. Carried.
11:00 am Dennis Merrell left the meeting.
Vouchers:
Amanda Zimmer reported that the cost to offer the Zoom option at the AGM is quite expensive. The AWNA board wondered if the C. A. MacLean committee would consider to use the money toward the cost of the audio visual.
The cost for the Hybrid meeting was $4,836.65.
Moved by Amanda Zimmer, seconded by Eric Anderson that $3,500 from the C. A. MacLean Bursary Foundation account go toward the cost of the hybrid meeting. The remaining money will be returned to the C. A. MacLean account and to be re-invested. Carried.
Amanda Zimmer will follow up with the AWNA Board.
Election of Officers for the 2023-2024 term
Moved by Eric Anderson, seconded by Amanda Zimmer that the Executive remain the same. Dave Bruha will stay on as President.
Next Meeting Date: As needed.
Dave said that we will wait to hear from the Convention Committee as to whether they require any contributions to help subsidize the 2024 convention. In the meantime, he asked that the committee think of specific ways to contribute toward the convention.
11:13 am Moved by Mario Prusina to adjourn the meeting.