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|FTRF By Laws|
ARTICLE I OBJECTIVES
The general nature and objectives of the Foundation are and shall be as follows:
(a) To accept and receive donations, gifts, bequests, devises and any contribution of property, real, personal or mixed; to use, manage, administer, invest, and reinvest any and all such contributions exclusively for the promotion of education and research in the field of turfgrass management and improvement.
(b) To place such contributions or earnings therefrom in the form of scholarships and research grants with those persons or organizations deemed worthy by the Board of Directors.
(c) To solicit temporary and permanent endowments in furtherance of these stated objectives.
ARTICLE II OFFICERS AND DIRECTORS
The Officers and Directors of the Foundation shall be the legally constituted Officers and Directors of the Florida Turfgrass Association.
ARTICLE III DUTIES OF OFFICERS
Section 1: The President of the Foundation shall preside at all meetings of the Foundation, be Chairman of the Board of Directors and Chairman of the Executive Committee, and make Standing Committee appointments subject to the approval of the Board of Directors and may appoint other committees as needed for the operation of the Foundation. The President shall be an ex-officio member of all committees.
Section 2: The Vice President shall act in the capacity of the President in his absence or incapacity and be responsible for such committee activities as the President may direct.
Section 3: The Secretary-Treasurer shall be responsible for the records of the Foundation and be responsible for receiving and disbursing the funds of the Foundation at the direction of the Board of Directors. The books and records of the Secretary-Treasurer shall be, at all times, open to inspection.
ARTICLE IV DUTIES OF DIRECTORS
Section 1: Each member of the Board of Directors shall have one (1) vote at any meeting of the Foundation for any purpose.
Section 2: The Board of Directors shall initiate and direct the policies of the Foundation. They shall make all necessary rules and regulations consistent with the Bylaws for the conduct of the affairs of the Foundation.
Section 3: The Board of Directors may appoint an Executive Director to advise and execute the policies of the Board, and provide appropriate compensation for such services.
Section 4: The Executive Committee shall consist of the President, Vice President, Secretary-Treasurer, the Immediate Past President and the Executive Director, ex-officio (non-voting) member. This Committee shall carry out the policies of the Board of Directors when the Board of Directors is not in session, reporting their actions and recommendations for approval at its succeeding meeting. Three (3) voting members shall constitute a quorum for the transaction of business. Meetings may be called by the Chairman or by three (3) members of the Committee.
ARTICLE V MEETINGS
Section 1: Meetings of the Foundation shall be held at least twice (2) yearly at such times and places designated by the Board of Directors.
Section 2: All matters of issue will be decided by a majority vote of the Officers and Directors present at a legally constituted meeting of the Foundation.
Section 3: A majority of the Officers and Directors shall constitute a quorum at all meetings of the Board of Directors.
Section 4: The order of business at all meetings of the Foundation shall be as follows:
Section 5: Upon the written request of a majority of the Board of Directors, the President shall call a special meeting to act upon any matters said majority may request.
Section 6: The President shall have authority, without action by the Board of Directors, to call a special meeting at any time to transact any business of the Foundation. Should the President call a special meeting, he shall give notice to the members of the Board of Directors at least ten (10) days prior to said meeting date advising the nature of said meeting and all matters to be considered there at.
ARTICLE VI AMENDMENTS
The Bylaws of this Foundation may be amended, altered or rescinded by a majority vote of the members of the Board of Directors present at any legally constituted regular or specially called meeting of the Foundation.