OWASP Board Meeting — November 19, 2019

Balance Sheet

• The budget is turning more favorable
• Below budget in revenue due to the conference revenue much lower than expected
• Expenses are below budget also
• About a $200k plus in budget

P&L

• We are healthy in terms of cash about $2m
• No difference than last month
• Account receivables are down to $319k

Items were already discussed prior.

Tom Pappas - in reference to restricted gifts it can be done because we are a 501(c) 3.

• We would need to know the purpose of the gift
• We must be informed when you are spending it.
• I would caution if we take donations that tells us who, where and when with specifics it becomes donor advised which has its own guidelines.
• Usually 10% to 15% is set aside for operational.

Action: Tom Pappas will write out an outline on the topic.

Vote on Board Eligibility Proposal from August Face to Face meeting

• Item is tabled until next Board Meeting - current Board Members on call did not add item

Please review the motion that was voted on September 25, 2019. It appears that the motion should state "up to 10%", please confirm the correct motion. Dawn Aitken Motion posted: beginning January 1, 2020 the Foundation has decided to change the profit splits of the Global AppSec events. The split will be 90% to the Foundation and 10% to the Chapters. The Chapter will have the option to give the funds back to the Foundation or the Community Fund. If there is no current active Chapter in the area the full 100% will be given to the Foundation. Ofer Maor motions, Richard Greenberg seconds

• We will table this and review the tape again and clarify the motion.

Suggestion: when there is a face to face meeting we should have someone at the meeting take notes and not rely on the individual on the phone.

Tom Pappas has arrive

All active board proposals are listed here

• Sherif - Setting up a transparent discussion with the community on 1) Fair & reasonable expenses, 2) Chapter tiers - how do we provide autonomy and services to various chapter levels. I would like a round table on what they red flags are from each board member & upcoming board members) in order to incorporate into a document and discussions open to the community.

Sherif - we have been talking about this for awhile, so how are we going to go about to get this implemented. We should also have community input

Owen

• Mike and staff are working on this. This is an operational procedure not structural.
• If there are issues, the Board can discuss it and we can have a town hall meeting if needed.

Sherif

• I don’t think we need a Board Motion but I do believe we need to get community feedback.

Owen

• Mike and staff should put proposals together first before we discuss it.

Mike

• Once the proposals are done we can release it to the community for approximately a month for their review.
• The Board will review after the community review.
• Sherif would like to review with Mike.

Gary - What is the status of the new website

Mike

• We are tracking towards launching on December 20th.
• 89% of our Projects have not updated their new web page, Chapters percentage is less
• Trying to decide if we should automate the information for Chapters and Projects

Sherif

• I would hope we can do the initial move since we don’t have additional help with Chapters and Projects
• White glove the top 300 pages

Mike

• All Staff Projects are listed on the new website which list the status.