Audit Committee: In response to the growing need for financial clarity and transparency, the need for an Audit Committee was discussed including annual audits both internally and possibly externally. Given Matt Ferguson's extensive history as the Chief Financial Officer of several companies, he was nominated, discussed, and accepted unanimously for the chair of the Audit Committee. Accordingly, he'll meet with Rachel to further define CHARITYSMITH's need for financial transparency.
Marketing Committee: The need for additional marketing above and beyond our Google grant was discussed. A need for a committee dedicated to such tasks and devising marketing plans and implementing simple programs such as a brochure, a single card information flyer, and partnering with other non-profits within the community. Given Billie Buck's successful history of marketing with Jawbone, she was nominated, discussed, and accepted unanimously as the chair of the marketing committee.
Endowment Committee: The need for a committee dedicated solely to donor recruitment and donor retention. WIth regard to this committee, the chairman needs to have the ability to speak honestly and openly about donations and their importance and impact at CHARITYSMITH. Josh Perkins has raised over 5,000 dollars per year for the last two years for CHaritysmith. He was nominated and approved to chair the Endowment Committee.
Communication Committee: In the past two board of directors meetings, the need for consistent communication amongst members of the board of directors and with our fund administrators and donors has been noted. What is painfully clear is that CHARITYSMITH is loved by many yet as a foundation we have failed to keep our many supporters abreast of the ongoing achievements, growth, and contribution of CHARITYSMITH. As both a member of the board of directors and well seasons fund administrator, Brian Foster was nominated, discussed, and approved.
