BOARDOF DIRECTORS
• The Foundation Board of Directors
consists of seven members.
• Board members are elected by
the community at large.
• Directors serve three-year terms,
and are staggered 2-2-3. Director
positions are available in a
three-year cycle.
COMMITTEES
• The Foundation currently has five
standing committees.
• Articles in the
Pelican Bay Post
solicit
expressions of interest and volunteers
from the community when appoint-
ments are considered.
• Appointments are approved
by the Board.
BUDGET SCHEDULE
• The Audit and Budget Committee
meets in late June to review
and approve the budget for
recommendation to the Board.
• Board approval occurs at the
August Board meeting.
ANNUAL ASSESSMENT
• The annual assessment, which
includes an annual operating
assessment and an assessment for
the Replacement Reserve Fund,
is due Oct. 1 each year and is
payable as of Jan. 1 of the
succeeding year.
• Two assessment billing options
consist of annual and
quarterly payments.
The Pelican Bay Foundation
Pelican Bay Member Guide 2018
98
PelicanBay.org
ORGANIZATIONS
in the Bay
