The Pelican Bay Foundation Board of 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 six standing committees. • Articles in the Pelican Bay Post solicit expressions of interest and volunteers from the community when appointments are considered. • Appointments are approved by the Board. Budget Schedule • The Finance 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. ORGANIZATIONS IN THE BAY Pelican Bay Member Guide 2025 102 PelicanBay.org
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