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Decision Regarding 401k Matching and Profit Sharing

This was extracted (@ 2025-06-25 23:10) from a list of minutes which have been approved by the Board.

Please Note The Board typically approves the minutes of the previous meeting at the beginning of every Board meeting; therefore, the list below does not normally contain details from the minutes of the most recent Board meeting. ASF Members may have access to a private draft of these still-unapproved minutes.

WARNING: these pages may omit some original contents of the minutes.
This is due to changes in the layout of the source minutes over the years. Fixes are being worked on.

18 Dec 2024

 WHEREAS, the 401k plan adopted by the Foundation, provided to
 its US employees via ADP TotalSource and Voya, requires a formal
 end of year decision regarding 401k contribution matching and
 profit sharing;

 NOW, THEREFORE, BE IT RESOLVED, that no 401k contribution matching,
 nor profit sharing, will occur during Plan Year 2024.

 Special Order 7E, Decision Regarding 401k Matching and Profit
 Sharing, was approved by Unanimous Vote of the directors
 present.

20 Dec 2023

 WHEREAS, the 401k plan adopted by the Foundation, provided to
 its US employees via ADP TotalSource and Voya, requires a formal
 end of year decision regarding 401k contribution matching and
 profit sharing;

 NOW, THEREFORE, BE IT RESOLVED, that no 401k contribution matching,
 nor profit sharing, will occur during Plan Year 2023.

 Special Order 7D, Decision Regarding 401k Matching and Profit
 Sharing, was approved by Unanimous Vote of the directors
 present.

21 Dec 2022

 WHEREAS, the 401k plan adopted by the Foundation, provided to
 its US employees via ADP TotalSource and Voya, requires a formal
 end of year decision regarding 401k contribution matching and
 profit sharing;

 NOW, THEREFORE, BE IT RESOLVED, that no 401k contribution matching,
 nor profit sharing, will occur during Plan Year 2022.

 Special Order 7E, Decision Regarding 401k Matching and Profit
 Sharing, was approved by Unanimous Vote of the directors
 present.

15 Dec 2021

 WHEREAS, the 401k plan adopted by the Foundation, provided to
 its US employees via ADP TotalSource and Voya, requires a formal
 end of year decision regarding 401k contribution matching and
 profit sharing;

 NOW, THEREFORE, BE IT RESOLVED, that no 401k contribution matching,
 nor profit sharing, will occur during Plan Year 2021.

 Special Order 7A, Decision Regarding 401k Matching and Profit
 Sharing, was approved by Unanimous Vote of the directors
 present.