none
Minutes From The DCF AGM - June 25, 2019
MINUTES OF THE DCF 2019 AGM
Held on June 25, 2019 at 7:00 PM ET
DCF Board Meeting March 19th, 2002
Douglas-Coldwell Foundation Board Meeting
March 19th 2002
NDP Caucus Services Office, Ottawa
In Attendance:
Tessa Hebb
Nanci Morrison
Anne Scotton
Fraser Green
Ted Jackson
Lorne Ingle
David Mackenzie by phone
Jill Marzetti by phone
Regrets:
Howard Pawley
David Woodbury
Chris Watson
Call to Order
The meeting was convened at 10:20am
Minutes Update: Fraser Green reported that the bequest package might be an add-on to the next membership mail-out. He suggested a few Board members work with him to develop a bequest package for our members.
M/S/C. That the minutes of the last meeting be approved.
Presidents Report
The President reported on the loss of our treasurer, Dick Martin, and our grief at his passing. Our deep sorrow and condolences have been expressed to the family. A tribute to brother Martin was included in the mail out recently to DCF members drawing their attention to his life and to his work.
The Board accepted the resignation of Bill Knight and congratulated him on his new responsibilities. Further discussion on gender balance and the nominations for positions vacant led to the conclusion that the next AGM would be the appropriate venue for such a discussion, At this time 6 of the available 14 Board current positions are filled by women and there are two honorary patrons.
It was agreed that Bill Blaikie would make the presentation of the DCF scholarships at Woodsworth College.
M/S/C. That the Ontario Woodsworth Memorial Foundation Scholarship be established at $500.00 annually.
M/S/C. that Nanci Morrison join the DCF Board and that she assume the role of Treasurer as of this meeting.
M/S/C. That Adam Hodgins' honorarium be established at $450.00 per month after five years of loyal service.
The President also confirmed the change of investment planning and portfolio management had been changed to Scotia McLeod following a discussion of the officers at the direction of the Board.
M/S/C that Nanci Morrison be authorized to represent the board in dealing with Scotia McLeod.
It was noted that there had been unanimous agreement that $10 000.00 be provided to the No Sweat Campaign and that it had been done.
The issue of receipts for third party donations would be dealt with at the fall AGM as resolution of a Board policy.
The Beverlee Bell Scholarship has been established at Carleton University and conditions agreed upon with an annual award of $1000.00 beginning in the fall of 2002.
Membership requests will go out with the minutes and lapsed members will be included
Treasurer's Report
Tessa Hebb reviewed the Cash Flow Report for 2002. She reported on new contributions to the Endowment fund of $10,333, primarily as a result of the Beverlee Bell Memoriam.
M/S/C. That the report be accepted.
Report of the New Projects Committee
Outstanding Requests
Birdsong - film on Allan Blakeney - waiting to hear from Saskatchewan NDP if they will be assisting in the funding of the project. Tessa will follow up with Saskatchewan NDP and communicate findings to the Board.
Rabble.ca -declined- letter to be sent
New Requests
Book request - George Campeau to translate book from French to
English. The Boag Foundation has put $500 towards this project.
M/S/C. That the DCF give $1000 of support towards the publishing of the book..
Tessa to communicate with him.
Correspondence from Bob Cook requesting support for the Dorothy O'Connell Award for individuals or groups who have made a significant contribution to eradicating poverty in Ottawa. - declined
Ian Waddell - fictional novel on experience in parliament on Water Export - declined
M/S/C. That the report of the New Projects committee be accepted.
New Business
Ted Jackson suggested that now that the Foundation is running well we need to address the long term issue of how to grow the funds of the Foundation with a long term strategic plan, it was decided that this issue would be brought up at the AGM. The Foundation should make sure that we have articles on a regular basis in provincial NDP newsletters. Fraser, Ted, Tessa & Jill volunteered to come up with a strategy for both increasing membership and bequest for the next meeting.
Date of next Board meeting and Annual General Meeting set for September 24th 2002 in Ottawa.
M/S/C Adjourment: 11:30 a.m.
Latest posts
DCF Board Meeting - February 27, 2020
DCF Board Meeting
Thursday, February 27th, 2020
19:00 ET
Location:
By Telephone
Attendance:
Karl Bélanger, Melissa Hunter, Mohammad Akbar, Rebecca Blaikie, Jon Weier, Derek De Vlieger, Diana Idibe, Chirs Markevich.
- Adoption of Agenda
m/s/c
2. Adoption of minutes
Minutes of the July 23rd, 2019 meeting
m/s/c
3. President’s report:
Hope everyone is well. Mayor of Ottawa has asked people to stay home because of the coronavirus, thankfully we can hold our meeting by phone.
Transition has been happening. Our new treasurer will give us an update.
The group “Nos Communes, Our Commons” appears to have gone dormant. We were wise to set conditions to go along with the grant approval.
Work has been done to update our registration with Industry Canada. No progress has been made on the Stokoe bequest. 4Executive
4. Secretary’s Report:
Anne Scotton is unable to join us and send her regrets.
5. Treasurer’s Report:
Transition has been happening. Priority now is on issuing tax receipts. We have to handle a few manually. We have a lot of different systems which are more or less
compatible with each other, but things seem under control. We are issuing cheques to catch up on some accounts due.
5. b) Fee structure at Scotia McLeod
Good discussions with Scotia McLeod about our assets. They remain healthy.
Their proposed new fee structure, SM would be much more nimble in the markets as there are no commission minimums on trades. Currently, the commission minimum is $175. That does limit profit taking opportunities and specific positions when considering weighting in the portfolio, which we must do as our assets are now stock-heavy.
Motion: BIRT the Board authorizes ScotiaMcLeod to move the Douglas-Coldwell Foundation wealth management account into a Partnership Plus account, which modifies the fee structure from a Per Transaction formula to an annual fee based on the DCF assets.
m/s/c
5 c). Adoption of Treasurer’s report.
m/s/c
6. Progress Summit
The Progress Summit will be held in Vancouver. We will have a booth. Looking for volunteers, so if anyone is attending, please let us know.
The next TDI Institute will be held in May. Theme is Our City & the Green New Deal. We have been invited to take part once again.
7. Office Space
Mohammad Akbar has raised the issue of the DCF securing a new permanent space by buying a building. The CFS building is no longer on the market. Board members express general interest in doing so sometime down the road.
8. DCF 50th Anniversary
Next year is the 50th anniversary of the DCF. It is a good opportunity to complete the reboot of the DCF and move forward with the plan adopted by AGM two years ago. We should have a year of activity of events, maybe a gala? Jon Weier volunteers to coordinate the DCF planning.
The Institute for Change Leaders (ICL)’s proposal to create a multimedia project that tells the story of progressive campaigns, driven by Olivia Chow, is moving forward, with Tim Harper on board. Another application will be forthcoming at the next board meeting. Board members expressed once again their support in principle for this proposal.
9. Next Meeting
Board members agreed to look for a suitable date in late April/early May.
10. Other business
The Institute for Change Leaders (ICL)’s proposal to create a multimedia project that tells the story of progressive campaigns, driven by Olivia Chow, is moving forward, with Tim Harper on board. We are still awaiting their next application.
We have received news from Beryl Young that Tommy's Dream, a children’s book that tells the story of how Tommy Douglas's childhood experience with his own health inspired him to work toward establishing universal health care, is now going to be published by Louis Anctil, the publisher of Midtown Press in Vancouver. Target is the spring of 2021. An update application will be forthcoming before the next meeting.
11. Adjournment
m/s/c
DCF Board Meeting - July 23rd, 2019
DCF Board Meeting
Wednesday, July 23rd, 2019
6:00 ET
Location:
By Telephone
Attendance:
Karl Bélanger, Melissa Hunter, Mohammad Akbar, Rebecca Blaikie, Diane Idibe,
Jon Weier, Amy Boughner, Jay Ramasubramanyam, Debbie Owusu-Akyeeah.
Non-board member: Josh Bizjak
Adoption of Agenda
m/s/c
2. Adoption of minutes
Minutes of the previous meeting are read and adopted.
m/s/c
3. President’s report:
Karl mentions that there was a significant turnover of Board Members at the AGM, which is interesting and challenging.
The two committees charged by the previous AGM to review governance issues and the DCF by-laws made limited progress.
The DCF received a nice letter from a scholarship recipient and was read. The DCF needs to revisit its links with the different universities to strengthen the relationship and increase awareness.
4. Financial Report: No official report as the position is vacant, following the resignation of Emilie Taman. Karl gives a general overview of the financial situation. Our assets remain healthy. The DCF raised more money in the past year, thanks notably to a generous donation from the Flanagan Institute.
Minimal progress has been made on the transition. A full audit needs to be conducted before the end of the year.
Karl had a meeting with Scotia McLeod about our assets. They are proposing a new fee
structure, in essence moving to a fee-based structure from a per transaction cost. With the fee-based structure, our investors pledge to make himself available for board meetings and consult on the construction of a new investment policy statement. With a fee-based structure, we would be much more nimble in the markets as there are no commission minimums on trades.
Motion moved to ask the new treasurer to review, met with Scotia McLeod and report to the Board on a recommendation for the proposal.
m/s/c
5. Election of officers
President: Karl Bélanger
Vice-President: Rebecca Blaikie, Derek DeVlieger
Executive Secretary: Anne Scotton in abstentia, pending her acceptance;
Mohammad Akbar as alternate.
Treasurer: Melissa Hunter
6. Staffing
Chris Markevich has moved on from his position but has been elected to the Board, which will be helpful for institutional memory. Josh Bizjak has been helping out on a volunteer basis.
Motion moved to regularize Josh Bizjak’s situation by compensating his work on a similar contract as previous assistant, to be negotiated with the President.
m/s/c
7. Correspondence
