FLORIDA FIRE CHIEFS’ ASSOCIATION BOARD OF DIRECTOR MEETING MINUTES JULY 12, 2018 IX. Old Business – Foundation (continued) ❖ Foundation has worked on a way to present changes for the scholarship program ❖ We are frontloading money to the Foundation this year, but we need to know where we are going next year and the years to come. ❖ Possibly giving 10% but not completely giving a “money” amount.  This year we can give $65,000 Suggestions: We should do a small portion or match to other organizations for scholarships to help get our names out into society. How to brand the organization? ❖ We have a rainy-day fund with $10,000 +  Want at least 3 months of operating expenses  Need to put money away to buy a new car, new trailer  Individuals should not serve more than 2 years Motion to create an exception for TJ to continue serving for 2 years. He has served 13 years thus far. X. Adjournment, Next Meeting