PFC Board of Directors Meeting
Minutes for June 14, 2004

Attendance
Board Members: John Austin, Larry Horvath, Arun Mathur, Pete Schermerhorn, Howard Shapiro, Duane Thomas, Laurie White.

Absent
Carol Collins, PFC General Manager
Tish Shapiro, PFC Member/Owner
Laura Meisler, PFC Outreach & Education Manager

Call to order
7:30pm by Duane

Agenda Review
Consideration of the Board self-monitoring report G.5 Board Committee Principles was postponed until the July meeting.

Consent Agenda
minutes and web minutes of the 5/17/04 meeting; minutes of the 5/17/04 Board executive session; GM monitoring L.2 Treatment of Staff, L.5 Emergency General Manager Succession, and L.7 Compensation and Benefits. All Directors having reviewed and understood these materials, the consent agenda was approved.

Volunteer Discount Program
Laura Meisler presented the difficulties and risks to PFC inherent in the current system and entertained questions from the Board. After consideration of this and information from other sources, the Board determined that the problem was not with the existing point of sale discount policy in and of itself but with the types of work assigned to store volunteers, that discretion in volunteer work assignments lies with management, and that the Board would support management’s determination of which types of work could be done by store volunteers without liability or legal risk to PFC.

Ends Priorities & revised policy set
(Laurie had to leave at the onset of this discussion). The Board set Ends policy rank of relative importance in this order: E.3 Cooperative Community, E.1 Knowledge & Information, E.4 Collective Action. For E.1 lower-level policies, the order of relative importance is E.1.3 Cooperative Education, E.1.2 Environment, E.1.1 Health. The Board chose not to provide importance rankings for the lower-level polices of E.2 or E.3 at this time. The Board will receive a monitoring report in October describing the GM’s interpretation of the policies, and in April reporting policy performance.

Board Task Force Charters & Leaders
Member Linkage: Howard (chair), Larry; Board Support & Training: Pete, Duane, John; Fundraising/Equity: John (chair), Carol, Arun; Financial Audit: Pete (chair), Arun, Rhonda McCammon. The Board affirmed the proposed charters. Task Forces may recruit additional PFC Member/Owners.

On-Line Community update
Discussion postponed until July due to time constraints.

Next Meeting
Monday, July 19, 2004, 7:30pm at Menlo Innovations (212 N. 4th Ave).

Adjournment
by acclamation at 9:40.

Respectfully submitted by John Austin, Board Secretary