# First board meeting agenda (organizational meeting)

**Date and time:**   
**Location or video link:**   
**Called by:** Incorporator or initial directors  
**Bring:** Filed articles, draft bylaws, bank's resolution form, receipts for organizing costs  

| Item | Owner | Time | What we need to leave with |
| --- | --- | --- | --- |
| 1. Call to order, confirm directors and quorum | Temporary chair | 5 min | Directors confirmed, temporary secretary named |
| 2. Filed articles of incorporation | Temporary secretary | 5 min | Filing date recorded, filed copy in the minute book |
| 3. Adopt bylaws | Temporary chair | 10 min | Bylaws adopted, version date recorded |
| 4. Elect officers | Temporary chair | 10 min | A name for every office the bylaws require |
| 5. Banking resolution | Treasurer | 5 min | Bank, signers and limits approved |
| 6. Fiscal year, principal office, EIN | Treasurer | 5 min | Fiscal year end set, EIN obtained or an officer authorized to apply |
| 7. Corporation: issue founder shares and consider tax elections. Nonprofit: conflict of interest policy and tax-exempt application | Chair | 15 min | Resolutions passed, with share numbers or filing authority |
| 8. Ratify earlier actions and reimburse organizing costs | Chair | 5 min | List of actions ratified and a total to reimburse |
| 9. Next steps and adjournment | Secretary | 5 min | One owner and a date for every filing or task |