Attending: John Prouty (President); Jeff Wolf (Recording Secretary); Harold Ulfers (Stewardship Committee Chair), Bud Olson (Advisory Committee Member).

*Quorum not present; no official business conducted.

Opening Meditation: Bud Olson.

Prayer: Praise, thanks, requests and petition for God to lead Covenant Men in doing HIS work.

Agenda Reviewed: John Prouty, President

Read previous meeting minutes: Jeff Wolf read the meeting minutes for the January 11 meeting which need to be re-reviewed at the next meeting.

Financial Secretary Report: John Prouty read Dick’s report. John recommended transferring $155 in late 2002 retreat registration receipts to the general fund and $100 to Kerm’s cabin fund.

Treasurer Report: Bud read Keith’s report which recommended the following.

● Close the Smith Barney account and split the funds between the scholarship fund and National Covenant Properties. Keith will verify the signatory parties on the account by the next meeting. John Prouty recommended taking $2,000 out of the reserve fund to cover the scholarship expenditures this year and further investigating closing of the Smith Barney account.

● Convert two variable NPC Certificates to fixed rates. The board will discuss this issue at the next meeting.

Project Committee Report: John Prouty discussed the Cascades Camp projects listed below.

● Concrete park benches will be constructed this spring by volunteers; Jeff Wolf will coordinate with the camp.

● After the meeting today, the board will peel logs for cabins currently under construction. Another church will help peel the remainder of the logs at a future work party.

● Tom and Jeff will meet to verify the location and layout for the re-construction of the existing barbeque pit away from the building.

● Alaska Educational Center sent thanks to CovMen for help with wiring the new shop building.

● Interbay Covenant sent thanks to CovMen for work on their phone system.

Stewardship Report: No report.

Executive Board Report: No report.

Camp Board Report: Tom Moline noted that the camp is commencing the capital fundraising campaign. A six month major donor phase will start this fall with one or two years of general fundraising events to follow. Special committees are being setup to help with the effort as follows: Prayer; Parent/Alumni; Special Events; and Pastoral relations. The camp has began recruiting summer staff. He also noted that winter retreat rentals are increasing.

Old Business:

2003 Retreat Planning-

Retreat registration fees were discussed fees were proposed as follows: An $82 general fee, $35 for meals only and $60 for Friday/Saturday only. The amounts will be confirmed at the next meeting.

Retreat Publicity- John Prouty is preparing the retreat brochures which are to be distributed at the annual meeting in April.

Log cabin funds- The 2003 fundraiser donations will be presented to the camp at the 2003 retreat annual meeting.

Defining Covenant Men: Due to time constraints; discussion is deferred until the next meeting.

New Business:

● Approve delegates for the annual meeting- John Prouty and Harold Ulfers were recommended. They will be confirmed at the next meeting.

● Annual Meeting- Jeff Wolf will prepare the annual report and present the draft at the next meeting. John Prouty will setup the location and speaker for the breakfast event. John will forward the event information and the annual report to the conference office so the event can be publicized and the report can be included in the conference meeting agenda. He will also present the report at the breakfast.

● Website updates- Jeff Wolf will forward approved meeting minutes to the webmaster. Other updates will be discussed at the next meeting.

Next Meeting: At Cascades Camp on March 15, 2003 at 9:30am.