The Walter H. McClenon Fund

Sunday 22 June 2014

Minutes of Meeting

Quarterly Meeting of Trustees

The quarterly meeting of the Trustees of the Walter H. McClenon Fund, Inc. was held at 4 p.m. on Sunday 22 June 2014 in cyberspace with the nominal location as 1119 S. Carolina Ave, S.E., Washington, DC 20003. The President called the meeting to order at 4:02.30 p.m. The following Trustees were present in person or on the phone:

o Bob McClenon – President

o Chuck McClenon – Treasurer (phone)

o Carol McClenon – Secretary (phone)

o Tom Baisden – Vice President (phone)

o David McClenon (phone)

o Lee McClenon (phone)

o Robin Alm (phone)

o Carol Livaditis (phone)

1. Approval of minutes of previous quarterly meeting of 26 March 2014:

The minutes were unanimously approved.

2. Quarterly Report of the Treasurer (previously distributed by e-mail).

3. Report of President:

The President summarized the 35-page report, previously distributed by e-mail and available on the Website.

3a. Any other comments by the President – none.

4. Ad Hoc Committee reports –

Bob gave reports on the following five and a half organizations:

Project Vote Smart - Bob gave notice of intent to submit a proposal to change the By- Laws in September 2014 to allow for contributions by the Special Endowment to Project Vote Smart.

American Friends Service Committee

Foundation for International Community Assistance

Pax Christi

Citizens for Global Solutions (501-c-4)

Citizens for Global Solutions Education Fund (501-c-3)

5. Any Other Reports – none

The Investment Committee has not been convened. It will be when it can be. That will happen when it happens.

6. Action on Amendments to the By-Laws: See above under Project Vote Smart.

7. Action on File of Grant Requests:

The following motions were made.

That:

American Friends Service Committee be categorized as “permanently nominated” (which means 5 years!) from both endowments. Unanimously carried.

Project Vote-Smart be categorized as eligible and currently nominated from the General Endowment. Unanimously carried.

Foundation for International Community Assistance (FINCA) be categorized as eligible but not currently nominated from both Endowments. Unanimously carried.

Pax Christi be categorized as eligible but not currently nominated from both Endowments. Unanimously carried.

Citizens for Global Solutions (501-c-4) be categorized as insufficient information for evaluation from the General Endowment. Unanimously carried.

Citizens for Global Solution (501-c-4) be categorized as ineligible for contributions from the Special Endowment. Unanimously carried.

Citizens for Global Solutions Education Fund (501-c-3) be categorized as not selected for other reasons from the General Endowment. Unanimously carried.

Citizens for Global Solutions Education Fund be categorized as not selected from the Special Endowment. Unanimous. Unanimously carried.

That Training for Change be categorized as eligible and currently nominated from the Special Endowment. Unanimously carried.

The Trustees agreed not to make any contributions this quarter.

8. New Business:

The annual report of the Treasurer will be audited by Carol McClenon in July with consultation with Carol Livaditis.

9. Appointment of Ad Hoc Committees – Anyone can volunteer himself or herself as an ad hoc committee. It was suggested that David do a report on Pro-Literacy Worldwide.

10. Next Meeting: The Quarterly Meeting will be held on Sunday, September 28, 2014, at 4 p.m. Eastern time, 3 p.m. Mountain Time, 2 p.m. Central Time, 1 p.m. Pacific Time.

The meeting was adjourned at 4:55 p.m. (EDT).

Respectfully Submitted,

Carol A. McClenon

Secretary