Highlights of actions taken by the RI Board of Directors

July 2008 Board Meeting Highlights

Board minutes - July 2008

The Board welcomed the appointment of Monty J. Audenart as 2008-09 RI vice-president, Bernard L. Rosen as 2008-09 treasurer, and elected Paul A. Netzel as chair of its executive committee.

The Board formally ratified President Lee’s appointment of Doh Bae, William B. Boyd, John F. Germ, and Samuel A. Okudzeto as Rotary Foundation trustees.

On recommendation of President Lee, the Board established the 2008-09 RI committees and resource groups, and approved their terms of reference.

The Board agreed that newly revised zones 4, 6, 10, 13, 17, 22, 26, 29, and 30 shall select committees in 2008-09 to nominate RI directors for election at the 2010 RI convention.

The Board confirmed the 2008-09 RI budget with revenues of US$86.4 million and expenses of US$86.2 million.

The Board approved The Rotary Foundation’s 2008-09 budget of US$87.8 million for all Foundation programs, with expenditures coming from unrestricted Annual Programs Fund contributions.