Board Policies
Policies are adopted by the Board of Directors by motion or resolution, and thus are all included in the Minutes. What follows is a summary of those policies adopted between January and December 2014.
Administration
1301: Financial Reserves — That 75% of annual budgeted expenses be set as the target value of the General Fund’s liquid accounts, and the balance of annual expenses be held in accounts that could be liquidated within a week. The latter may be held within the Investment Fund. (January 2013, item XXIII)
1401B: Augustæum Reports — Each Director, Committee Chairman, Project Head, and Dean is required to submit a report of 100 to 500 words to the Editor of Augustæum for publication at least once per year. (January 2014, item XVII)
1403: Postnominals in Public Communications — Public communications may use only honorifics that are currently recognized by the Society, but private communications could continue to employ all honorifics previously recognized by the Society that have not been specifically revoked. (March 2014, item XXIII)
1404A: Identification in Communications — Public communications must include the officer’s full name, the relevant title of the officer, and the words “The Augustan Society, Inc.” in paper letterhead or email signature. (April 2014, item XIII)
1404B: Fellowship Points — The number of points required for an award of Fellowship, Fifth Class, is increased from 1000 to 1100 points; the points required for all other ranks being increased in proportion. (April 2014, item XV) Note: Each ranks point requirement is twice that of the next lower rank.
1404C: Late Renewal Fee — The late fee for membership renewals received after the published deadline is abolished. (April 2014, item XVII)
1404D: Investment Fund Withdrawals — Consuls are authorized to withdraw up to $500 per month from the Investment Fund to ensure the fluidity of the General Fund. (April 2014, item XVIII)
1407: Program Priorities — Responsibility for setting Program Priorities are assigned to the Consuls. These priorities are used to determine how Consuls should allocate their time and budgets. (July 2014, item XV)
1410: Sponsorship — Fellows of the Society who find themselves under financial hardship may, on application, have their annual dues waived, subject to budgetary limits. This will cover only dues, with a paid (discounted) subscription to the journal continuing to be required. Sub-group dues may be covered at the discretion, and at the expense, of those groups. (October 2014, item XXVI)
1411: Five-Year Plan — Adopted and published on the Wiki. Future changes will be made directly on the Wiki. (November 2014, item VIII)
Chivalry
1401A: Chivalry Petitions — The Chivalry Committee will accept and process petitions for recognition of membership and rank in Chivalric Orders, etc., from non-members. (January 2014, item XV)
Communications
1402A: Back Issue Redactions — Reprints of back issues shall be redacted only for obsolete addresses, phone numbers, prices, for typographical errors, and similar. Postnominals and titles not presently recognized will be permitted to remain. (February 2014, item XX)
1402B: Back Issue Notice — Reprints of back issues that use honorifics or postnominals not presently recognized by the Society shall carry a disclaimer on the inside cover, contents page, or such other location as may be available. (February 2014, item XXI)
Sub-Groups
1409: Sub-Group Quorum Failure — When the Councils of the Order of the Augustan Eagle or the Noble Company of the Rose fail to obtain a quorum at a duly called meeting, the Directors present at the next regular meeting of the Board of Directors shall be seated as the Council and conduct such essential business as may not be practically delayed. (September 2014, item XXII)
