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HomeMy WebLinkAbout2017-12-12-FFLB-min MINUTES FUND FOR LEXINGTON BOARD December 12, 2017 4:30 p.m., Dawe’s Room, Town Offices Present: Norman Cohen, Alan Fields, Edmund Grant, Doug Lucente, Paul Shupe, Alan Wrigley and Charlotte Rogers, Director of Human Services. 1. Money Available as of 11/30/17: Principal $ 309,435.32 Income $ 15,125.30 2. Human Services: a. Human Services Report: September 1, 2017 to November 30, 2017 Charlotte Rodgers reviewed the activity for the period. A general discussion was held regarding the different sources of funds used to help residents who are in need of assistance. During the period, the Fund dispersed $2250 to purchase TJX gift cards for families approved by the Human Services Holiday Program. $935.00 was dispersed to aid a family experiencing a major heating problem. b. Ratify Human Services Request for $2250 for TJX Holiday gift cards for families in need. Approved 6-0. c. Ratify Human Services Request - $935 for heating system repairs. Approved 6-0. 3. Other Issues The Fund’s annual letter requesting donations for the Fund was sent in November. As of the date this meeting, $11,750 has been deposited with many other donations not yet processed. 4. Next Meeting The next meeting will be Monday, March 12, 2018 at 4:30 p.m. 5. Approval of September 19, 2017 Meeting Minutes. Approved 6-0.