Ringling College Library Association Inc

“Bylaws amended 3/12/2018 combines the old article i - name and article ii - purpose into an amended article i which defines both name and purpose and adds a section for corporate offices. References to the vernon kimbrough library, now closed, have been removed in the amended bylaws: new article i - corporation section 1.1. Corporate name. The name of the corporation is ringling college library association, inc. (the "corporation") a florida not-for-profit corporation. Section 1.2. Corporate offices. The corporation shall have and continuously maintain in this state a registered office and a registered agent whose office address is identical with such registered office, and may have other offices within or without the state of florida as the board of directors may from time-to-time determine. Section 1.3.purpose. The purpose for which the corporation is organized are to advance the cause of education and establish a mutually beneficial relationship between this corporation and the ringling college of art and design, an educational institution in the city of sarasota, county of sarasota, state of florida, owned and operated by ringling college of art and design, inc., a florida corporation not for profit, by assisting said ringling college of art and design in the development and sustaining of its library and in the furtherance of the education program of said ringling college of art and design. Prior existing bylaws defined four classes of membership according to the amount of dues paid: friend, supporter, patron, and lifetime member. Bylaws amended 3/12/2018 removes these four classes and reads as follows: section 2.1. Members. The corporation shall have members. The members shall consist of: a.the members of the board of directors as that board shall from time-to-time be constituted; and b.all persons who meet the qualifications for membership set forth in the rules and regulations adopted by the board of directors; and c.such persons as may be elected from time-to-time by the board as honorary members. No member shall have voting rights. There shall be no meetings of the membership. Members shall have the right to attend functions and meetings of the membership pursuant to such rules and regulations as may be adopted by the board of directors, and such other rights and privileges as may be determined from time-to-time by the board of directors. Membership is held at the pleasure of the board of directors and a member may be removed with or without cause. Membership may be terminated for any financial requirements of membership, noncompliance with any non-financial requirements for membership, or for cause. "cause" shall be defined in the policies adopted by the board of directors. Prior to removal of a member for cause, the board shall give the member written notice of the cause and the opportunity to be heard in accordance with the procedure approved by the board of directors. Amended article iii - board of directors establishes a minimum membership, stating that the board of directors shall consist of not less than five (5) and not more than twenty five (25) persons. Old article vii - board of directors only established the tewnty five-person maximum. Limits regarding terms of service on the board of directors have been revised. Old bylaws: board members shall be elected for a three (3) year term and may serve a total of three (3) terms. Those terms do not have to be served consecutively. Amended bylaws: each director, except one appointed to fill a vacancy, shall be elected by the board to serve a three year term or until his or her successor shall be elected and shall qualify, or until his or her earlier resignation, removal from office, or death. Beginning with new terms following january 1, 2018, no member of the board may serve for more than three (3) consecutive three-year terms. However, if the president is serving in the last year of the term limit period, the president shall serve on the board for one ( 1) additi”

“The 990 is prepared by a cpa and then reviewed the executive director and the outsourced accountant who is also a cpa.”

“Conflict of interest forms are signed annually by members.”

“The executive committee worked with the community foundation of sarasota county and their study on not-for-profit wages at organizations of similar size, budget and staff to determine appropriate compensation.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.”

“All board members are volunteers. They oversee the activities of the association. All members of the town hall committee are volunteers. They oversee the town hall lecture series.”

“Executive director, treasurer, and president, assume oversight.”