Form 18

Minutes of the (Board of Directors or Chapter Business) Meeting

Colorado Springs Chapter

EXECUTIVE WOMEN INTERNATIONAL¨

(August 2, 2007)

Call to Order:

August 2, 2007 meeting called to order by Kathy Wallace At 5:00PM.

Roll Call:

Audrey Shrive, Lynn Severson, Joan Saucerman, Carol Byrant, Dianne Crimble, Kathleen Kershaw, Beth Alexander, Kathy Wallace, Pat Cooper, Kathleen O'Leary, Donna Berty, Kay Atwood

Minutes:

Minutes were approved with amendment about the calendar year.

Treasurer's Report:

Pat Cooper discussed issues in tracking payments for each meeting. Costs of meetings will remain at $35. In June $1500 spent on supplies; $1100 to PageCafe Internet Consulting, Inc.; $390 for directory. Pat advised current Board members to educate new Board members on developing and submitting a budget to the Treasurer for 2007-2008.

A payment of $1100 was approved for the July meeting.

A $10,000 CD matured and was renewed. 2006 Interest rate was 5.3%; 2007 Interest rate was 5.1%.

Communications:

Committee Reports:

Membership

Membership count-

52 member firms, 9 second reps, 2 sustaining, 18 life members, 0 honorary, 0 transitional and 4 pending.

Programs - Publications -

August 8 meeting at 15C with networking.

September 12 meeting at Cheyenne Mountain Zoo. Program to be announced.

October --Franciscan Retreat Center with the Cavalcade of Firms

November - Location to be announced; program is "The 6 Myths of Branding" with Susan Tillien, The Brand Ascension Group.

December -- Broadmoor Hotel with the Holiday luncheon

Sergeant-at-Arms -

July meeting attendance:

33 members

1 sustaining

4 life

4 guests for a total of 42

Ways & Means -

Received final bill from Kissing Camels.

Public Relations -

Created an email broadcast list called corporate@springsewi.com including the corporate board members. Emailed the corporate board, notifying them of the publication of our newsletter and minutes.

Hospitality -

No report.

Nominating -

Kathleen O'Leary discussed need to have a business meeting in August to vote on new board. Discussion about presenting board that has been nominated without President. Kathy Wallace could serve three additional months until Susan Davis as Vice-President elect could move up to President.

Directory committee chair is still open.

Program committee is open for second person.

Dianne Crimble and Carol Byrant will Co-Chair Ways and Means. Discussed the need for another golf tournament in order to add to self-sustaining endowment fund. Additional Ways and Means committee members are Lynn Severson, Beth Alexander, Kathy Wallace, and Donna Berty.

Scholarship -

May need to extend the deadline for accepting applications for scholarships, as the committee is not getting enough applications.

Historian -

No report

Directory-

Updates to the directory are available at the sign-up table at the next meeting.

Unfinished Business:

We have just been informed by Corporate that we cannot change our board year to the calendar year as was voted on at the July meeting and announced at the chapter meeting. We will be voting on the new board nominees at the August chapter meeting and confirming the board. The new board will officially start October. The installation of the Board will take place at the September Chapter meeting.

New Business:

Kathy Wallace received 9 applications for 10 scholarships to the LCAM conference in Houston, Texas. A motion was made and approved to accept all nine go to LCAM. Those attending are: Kathy Wallace, Donna Berty, Susan Davis, Dianne Crimble, Audrey Shrive, Pat Cooper, Joan Saucerman, Kelly Wood, and Lorrie Todd.

Kathy asked that the September board meeting to be a pot luck with current and new Board members.

Announcements:

Next Chapter meeting: August 8, 2007 at 15C.

Next Board meeting: September 6, 2007 at REMAX Properties, Chapel Hills Drive.

Adjournment:

Meeting adjourned: 6.27 PM

Approved:

Submitted:

Kathy Wallace, Chapter President

Verna Severson, Secretary