Viking Magazine - August 2016 - 32

Board Minutes
personally. Recommendation approved.
MOTION was made by the Finance/
Investment Committee to approve that
$750 be provided to each International
Committee Member for committee
meetings prior to the convention, based
on the cost of lodging and meals for the
2016 International Lodge Meeting. Motion
carried.
MOTION was made by the Finance/
Investment Committee to approve the
following Board and Spouse convention
expenses that comply with the Sons of
Norway's Policy Book. Motion carried.
MOTION was made by the Finance
Investment Committee to approve the
International Board Member Expense
Report for the period January 1, 2015 to
December 30, 2015. Motion carried.
MOTION was made by the Finance/
Investment Committee to approve the
Audit Committee Report dated April 14,
2016 and moves to accept the Financial
Statements, Management Letter and
Internal Controls Letter as presented by Eide
Bailly. Motion carried.
MOTION was made by the Finance/
Investment Committee to approve of
the following: in the best interests of the
International Board being able to report
to the membership on the effects of
Eivind Heiberg's new role as Honorary
Consul General and his position as Chief
Executive Officer (CEO) of Sons of Norway,
the Finance/Investment Committee
recommends approval that the Executive
Administrative Assistant assist the CEO in
tracking the consulate hours spent during
normal business hours. This time may be
offset by evening time the CEO is required
to deal with Sons of Norway matters. By
providing these reports to the International
Board, everyone will be able to speak to the
time verses the benefits of the CEO serving
in this Honorary Consul General position.
The Finance/Investment Committee
expects procedures are established for
tracking expenses associated with Consulate
business. Motion carried.
32 VIKING AUGUST 2016 sonsofnorway.com
MOTION was made by the Finance/
Investment Committee to approve the
following: A change in Trustees from State
Street Bank to Reliance Trust Company.
State Street is exiting the trustee business;
That the International President appoint
a Board Member to the Investment
Committee to replace former Treasurer Bill
Fosmoe; and the Investment Committee
Report. Motion carried.
MOTION was made by the Finance/
Investment Committee to approve of the
BTC Capital Management report. Motion
carried.
MOTION was made by the Finance/
Investment Committee to accept the
Financial Statements and Management
Letter as presented by the Foundation Audit
Committee Report. Motion carried.
MOTION was made by the Finance/
Investment Committee that the following
law changes will be made to accommodate
a more simple dues structure (This
resolution applies to dues within the United
States only). As it states in the Constitution,
the International Board of Directors will
set dues annually at the Spring meeting.
Effective January 1, 2018, the U.S. dues will
be $60 for an individual and $95 for a family.
The breakdown will be allotted as follows:
$60 Individual Dues
International $32
District
Local
$14
$14
$95 Family Dues
International $42
District
Local
$25
$28
As of January 1, 2018, existing Life Members
and Golden Members will keep their
status with the current discount formula.
The paragraphs in the Constitution that
would be affected by approval of this resolution
be updated by the Headquarters Staff.
Motion carried.
MOTION was made by the Benefits
Committee to accept the application
of Leif Erikson Lodge #2-001 for a lodge
improvement grant in the amount of $1,000,
which is the maximum amount allotted of
their $19,991.04, which does not exceed the
25% allowed. Motion carried.
MOTION was made by the Benefits
Committee that Nor-Bu Lodge #3-427 be
granted the $1,000 upon Sons of Norway
Headquarters receiving a copy of the title
and active filing status. Motion carried.
MOTION was made by the Benefits
Committee to accept the " Electronic Device
Policy " provided in the Board materials.
Motion carried.
MOTION was made by the Corporate
Matters Committee that the Sons of
Norway International President appoint a
task force by the Fall 2016 Board Meetings
consisting of two members each from the
District President's Council, the Sons of
Norway Foundation Board of Governors and
the Sons of Norway International Board of
Directors.
The task force will issue a report at each
meeting held by their respective counterparts.
Motion carried.
MOTION was made by the Corporate
Matters Committee that 3.7.7. of the
Charter and Constitutions be amended
to read ... " Candidates for nomination
the International Board shall be benefit
members prior to installation and must
meet all eligibility criteria as set forth by the
International Board. " Motion carried.
MOTION was made by the Corporate
Matters Committee that the Charter
and Constitutions be amended to read
as follows: 2.11.4.1. Officer and Director
Nominations. All nominations for the
International President, Vice President,
Secretary, Treasurer or Director shall be
submitted to the Nominating Committee
no later than two weeks after the last
District Convention. All nominations shall
cease at that time. Motion carried.
MOTION was made by the Corporate
Matters Committee that these remote
lodges may petition to leave their existing
Districts and join Districts which are closer
in proximity and would allow for greater
involvement and participation within the
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Viking Magazine - August 2016

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