RMB a Fellowship of
Rotary International
Original: Nov 2016
Revised: June 2017
Approved: November 2017
Name
Rotary Means Business Fellowship Kolkata
Purpose
Rotary Means Business encourages Rotarians to support the success of their fellow Rotarians by doing business with them, and by referring others to them.
Code of Conduct
As a Rotarian engaged in a business or profession, I agree to:
- Exemplify the core value of integrity in all behaviors and activities.
2. Use my vocational experience and talents to serve in Rotary.
3. Conduct all of my personal, business, and professional affairs ethically, encouraging and fostering high ethical standards as an example to others.
4. Be fair in all dealings with others, and treat them with the respect due to them as fellow human beings.
5. Promote recognition and respect for all occupations which are useful to society
6. Offer my vocational talents: to provide opportunities for young people, to work for the relief of the special needs of others, and to improve the quality of life in my community
7. Honor the trust that Rotary and fellow Rotarians provide, and not do anything that will bring disfavor or reflect adversely on Rotary or fellow Rotarians.
8. Not seek from a fellow Rotarian a privilege or advantage not normally accorded others in a business or professional relationship
© Rotary International 2011
By-Laws for the Rotary Means Business Fellowship
This document is the By-Laws of the Rotary Means Business Fellowship, a Fellowship of Rotary International. While local chapters are free to use these by-laws as a guide to forming their own governing documents, they are not required to follow these parameters.
Based on the experience of the NorCal chapter, (District 5130) which formed the Fellowship, this document contains a section containing suggested guidelines for the local chapter’s governing documents.
RMB Kolkata Chapter has formulated the same on the basis of the above.
Organizational Structure
Initially: Association — Eventually: Corporation (non-profit)
Membership
Any person who is a current member of a Rotary Club in good standing is qualified to be a member of the Rotary Means Business Fellowship. Active members of Rotaract clubs are also qualified to be a member of the Rotary Means Business Fellowship.
Membership Termination
Membership in the Rotary Means Business Fellowship may be terminated on occurrence of any of the following causes:
1. Termination of membership in Rotary
2. Failure to pay dues or assessments
3. Violation of the Code of Conduct
4. Violation of Rotary Means Business Fellowship Rules or Local Chapter Rules
Process for Termination of Membership
Rotary Means Business Fellowship members who terminate their membership in Rotary, or who fail to pay dues or assessments within 90 days of the due date shall have their membership in Rotary Means Business automatically terminated.
Complaints about a member’s violation of the Code of Conduct or of Rotary Means Business Fellowship rules must be submitted to the Rotary Means Business Fellowship Board of Directors in writing, and must be signed by a member in good standing of the Rotary Means Business Fellowship. Verbal or anonymous complaints will not be accepted.
The Board will then investigate the complaint. If the Board determines that the violation has occurred, the Board may then either warn the member that corrective action is required, or may terminate the member, at the Board’s discretion.
In the case of Rotary membership termination or failure to pay dues or assessments, the member may join another Rotary Club or pay the moneys owed. This will eliminate the cause for termination, and the member may be reinstated in the Rotary Means Business Fellowship.
In the case of termination due to an alleged violation of the Code of Ethics or Fellowship Rules or By-Laws, the accused member shall have the right to appeal termination to the Fellowship’s Board of Directors. The member wishing to appeal termination shall submit such appeal in writing no later than five (5) days before the effective date of the termination.
The Board of Directors shall consider the appeal in good faith. The Board of Directors decision on the appeal shall be final.
Effect of Termination
All rights of a member in the Fellowship shall cease on the termination of such member’s membership.
Officers
Officers of the Rotary Means Business Fellowship shall include:
1. President
2. Secretary
3. Treasurer
4. Past Chair
- Business Networking Meeting Chair
The officers shall be appointed by the Board of Directors. Candidates for officer are permitted to self-nominate. Officers shall serve a one-year term. Officers are permitted to serve more than one term, if reappointed by the Board.
Duties of Officers
President
Preside at Board and general membership meetings
Primary public liaison
Liaison to Rotary International
Prepare Board and general membership meeting agendas
Secretary
Record and maintain file of all Board minutes
Sign legal documents
Prepare annual report for membership
Publish and/or edit newsletter
Manage all communications to membership
Treasurer
Manage all Fellowship funds, including bank accounts ( to be opened if the board approves)
Manage accounts receivable and accounts payable
Collect dues
Manage and direct Finance Committee
Prepare financial report for Board of Directors no less than once per fiscal quarter
Prepare annual financial report for general membership
Past Chair
Provide continuity for the Board of Directors
Other duties as volunteered, or as assigned by the Chair
Board of Directors
The Board of Directors of the Rotary Means Business Fellowship may be any number from four to seven. The Board must take a roll-call vote to change the quantity of Directors. New Board member can only if inducted only with the approval of the existing board members. The signing authority remains with the board( if bank account is there), The Board of Directors shall be will be the one who have helped the RMBF Kolkata in the initial Years with time effort and money. Any further director can be elected by the general membership of the Fellowship subject to the approval of the existing directors. Executive Directors shall be the sole authority to run the fellowship. The board if deems fit can appoint Executive committee from the members with Business Networking Chair , President and Secretary for the RMB Fellowship Kolkata.
Compensation
The Directors shall serve without compensation, except they may be reimbursed for certain documented expenses in support of Fellowship activities, including but not limited to printing, photocopying, postage, certain travel, and costs to create and maintain the website and other means of electronic communication.
The Board may set specific limits up to which pre-approved expenses may be paid without Board approval. Any expenses over the pre-set limit require prior Board approval.
Personal costs for mileage, parking, and tolls shall not qualify for reimbursement.
Board of Directors Election
Election Schedule
There will be only 7 member director team for RMB Kolkata . Four will be executive director. These 7 life members will have the privilege of getting 10% on annual membership paid for the local chapter if any.
Privilege to the directors – Get 10% discount on annual membership and up to 25% discount on the sponsorship during bigger events .
Nomination Process
The Fellowship shall have a nominating committee, which shall be composed, at minimum, of those past chairs of the Fellowship willing to serve, as well as the current Chair. The nominating committee shall be free to invite additional members at their discretion.
The Nominating Committee shall recommend Board of Directors candidates to the general membership. The general membership shall also have the right to propose candidates. Candidates shall have the right to self-nominate. Candidates proposed by the Nominating Committee or by Fellowship members must confirm, in writing, their willingness to serve, in order to be listed on the ballot.
Voting Rights and Process
All members in good standing of Rotary Means Business shall have the right to one vote per candidate or proposal on the ballot. Cumulative voting shall not be authorized for the election of directors or for any other purpose.
Votes may be submitted via email or postal mail, or voting may take place on the Fellowship website. Proxies shall not be accepted. All votes must be received by the stated deadline, in order to be counted.
Removal of Directors
Removal for Cause
The Board may declare vacant the office of a Director on the occurrence of any of the following events:
1. The Director has been declared of unsound mind by a final order of Court
2. The Director has been convicted of a felony
3. The Director no longer qualifies for membership in the Rotary Means Business Fellowship
4. The Director has failed to attend three (3) meetings of the Board without a valid excuse.
Vacancies in the Board
Vacancies on the Board of Directors shall exist on the death, resignation, or removal of any Director; whenever the number of Directors authorized is increased; and on the failure of the members in any election to elect the full number of Directors authorized. Rs 50,000( or any such amount which board deem fit at that point of time) should be contributed by the incoming director for the fellowship of the chapter.
Filling Vacancies by Directors
If the number of Directors remaining in office is at least a quorum, a vacancy on the Board of Directors may be filled by any of the following methods:
1. The unanimous written consent of the Directors then in office
2. The affirmative vote of a majority of the Directors then in office at a meeting
3. A vote of the members
Filling Vacancies by Members
Vacancies resulting in less than a quorum on the Board of directors, and/or vacancies created by removal of Directors who were removed by membership shall be filled only by the approval of the members. The members may elect a Director at any time to fill any vacancy not filled by the Directors.
Finance & Finance Committee
The Board of Directors may appoint a Finance Committee, which shall, at a minimum, be composed of the Treasurer plus two other members of the Board, or general members, at the discretion of the Board.
The Finance Committee shall prepare an annual budget and present it to the Board. The Finance Committee may recommend methods to create revenue, including dues or fees. The Finance Committee may also recommend necessary and optional expenditures.
No funds should be taken forward to the next rotary year. All money collected should be used for the fellowship and learning and development of the members in the same year.
No Member is entitled to ask for the account (Receipt and payment details) if he/ she is not a member of the RMB Kolkata Chapter and also RMBF International Member. And if any member become a member of RMB Kolkata and RMBF International then he is entitled to see and accounts (Receipt and payment) of that year only when he/ she is a member.
For the initial years there is no bank account. The programs or events to be managed by some rotary club as a host clubs or event management companies. The excess of the expenses over receipts to be taken care by the directors and excess of receipts over payments if any to be used for fellowship and learning of the chapter members or may be contributed for charity for the district purpose. This is the sole discretion of the directors to utilize the excess receipts in the best form for the benefits of the members. No circumstances excess of the funds to be carried forwarded to next year. The purpose of the chapter is not to built funds but help members do good and better business.
Fiscal Year
The fiscal year shall be the same as the Rotary International fiscal year.
Revenue
No funds collected should be taken forward to next rotary year. All funds collected should be used for the fellowship and learning of the members in the same rotary year.
Authority to Spend
The Board of Directors may set spending tier limits. The limits set by the Board of Directors shall remain in place until changed by a vote of the Board of Directors.
Dues
Dues for the Rotary Means Business Fellowship of Rotary International should be paid from the funds of the chapter.
Cost to attend meetings
Cost to attend Rotary Means Business meetings are at the discretion of the local Chapter to keep revising the meeting fee based on the experience. Even meeting charges for the full year can be collected together only when the fellowship have its own account.
Board Meetings
Quorum
The quorum for a Board of Directors meeting shall be 50% of the total Board.
How conducted
Meetings of the Board of Directors shall be conducted according to Roberts Rules of Order. All Board meetings shall be open to current members of the Fellowship. Members of the Board may participate in a meeting through use of conference telephone or similar communications equipment, internet meeting software, or other technology which may be invented after the adoption of these By-Laws, so long as all members participating in such meeting can hear or fully communicate with one another. Such participation shall constitute personal presence at the meeting.
Schedule
The Board of Directors shall set the schedule of their meetings. At a minimum, the Board of Directors shall meet once in each calendar quarter.
Call of Unscheduled Meetings
Meetings of the Board that have not been previously scheduled may be called by the Chairperson or any two (2) Directors.
General Meetings
Quorum
There shall be no minimum quorum for general meetings.
How conducted
The business portion of any general meeting, including elections, shall be conducted according to Roberts Rules of Order. The networking and promotional portions of general meetings may be conducted in the manner determined by the group leadership.
Attendance
Rotary International’s policy requires that the Rotary Means Business Fellowship be open to active Rotarians and their spouses. All members of the Rotary Means Business Fellowship may attend all regular and Board meetings.
Annual Meeting
Quorum
There shall be no minimum quorum for the Annual Meeting.
How conducted
The business portion of the Annual Meeting, including elections, shall be conducted according to
Roberts Rules of Order.
Financial Report
The Treasurer shall present the Financial Report at the Annual Meeting to the directors/ members of the RMBF Kolkata only.
Annual Report
The Chairperson shall present the Annual Report at the Annual Meeting
Special Meetings
Special meetings of the members may be called by a majority vote of the Board of Directors, or by the Chairperson, or by twenty-five (25%) percent of the members( who are local and International Members) represented by the average attendance at general meetings. The person(s) or group calling the meeting must state the purpose of the meeting.
Notice of Meetings
Notice of every non-scheduled meeting of members or of the Board shall be communicated by the usual method of meeting notice, except that the Board may choose not to use methods of communication that are generally accessible to non-members, such as social media. Notice of the special meetings shall be sent not less than seven (7) days nor more than ninety (90) days before the date of the meeting to each member who on the record date for notice of the meeting is entitled to vote thereat.
Annual Report
The Rotary Means Business Fellowship shall publish an annual report, including a financial report no later than the date of the Annual Meeting. The Annual report will be published on the Rotary Means Business website, and will be sent in electronic form via email to any Fellowship member who requests it.
RMB Branding
The Rotary Means Business Fellowship of Rotary International currently owns the rights to the following URL’s and has developed a Rotary Means Business Kolkata Chapter.
www.RotaryMeansBusiness.co.in
Authorized member of the chapters of Rotary Means Business may request permission from the Fellowship to use the approved RMB logo and other Rotary Means Business branding items. Use of all RMB branding items must adhere to Rotary International’s policies of the use of Rotary branding.
Amendments to the By-Laws
Amendments to the By-Laws will normally be considered at the Fellowship’s annual meeting. Emergency amendments to the By-Laws may be considered at any time of the year, subject to the procedures outlined here.
Amendments to the By-Laws maybe proposed by a majority vote of The Board of Directors, or by petition, signed or approved by at least five members in good standing of the Rotary Means Business Fellowship.
Proposed amendments must be distributed to the general membership of the Fellowship at least 30 days prior to any vote. Amendments require an affirmative vote of at least 2/3 of the members voting in order to take effect. Non-emergency amendments will take effect 90 days after approval. Emergency amendments may take effect after a shorter waiting period, which must be stated in the written information distributed to Fellowship members prior to the vote.
Modification of Rules
The Board of Directors may, from time to time, adopt, modify or delete rules, regulations and resolutions provided they are not inconsistent Rotary International. Changes to Rules require a majority vote of the Board of Directors.
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Suggested Rules for Local Chapters of Rotary Means Business
Local chapters of Rotary Means Business are free to create their own organizational structure and governing documents. The suggestions in this section are based on the experience of the original Rotary Means Business NorCal chapter, as it was developing the Fellowship.
Organizational Structure
Each local chapter of Rotary Means Business may determine their chapter’s legal structure
Membership
(This is required for all RMB Local Chapters) Any person who is a current member of a Rotary Club in good standing is qualified to be a member of the Rotary Means Business Fellowship and/or any local chapter of Rotary Means Business. (This is recommended by RI for all RMB Local Chapters) Active members of Rotaract are also qualified to be a member of any local chapter of Rotary Means Business.
Membership Termination
It is suggested that each local Chapter develop a list of causes for termination of membership, as well as an open and transparent process for terminating membership.
Officers
Each Chapter may choose a larger or smaller group of Officers than the Fellowship, but it is recommended that each local Chapter have, at minimum, a Chair and a Treasurer. The local Chapter may choose to have the officers appointed by the Board, or directly elected by the general membership. Length of terms are at the discretion of the local Chapter
Board of Directors
Local Chapters should have a leadership group. The group may be called a Board of Directors, a Steering Committee, or any name chosen by the local chapter. The number of members for the leadership is up to the local chapter. Staggered two-year terms are recommended for continuity, but each local Chapter may choose different length of terms if desired.
Compensation
To avoid any conflicts of interest, it is strongly recommended that the Directors serve without compensation, except they shall be allowed and paid certain actual and necessary documented expenses. The specific allowed expenses and specific disallowed expenses should be outlined in the Chapter’s governing documents.
Board of Directors Nomination and Election Process
The nomination and election process outlined in the Fellowship’s By-Laws is designed for an international group with few actual face-to-face meetings. Local Chapters should choose a simpler nomination and election process for nominating and electing Directors and Officers. The key is to ascertain that the method chosen is fair, open, and transparent. The criteria will be as stated above.
Removal of Directors and Vacancies
There should be a process for removal of Directors, and for filling vacancies on the Board
Finance Committee
Smaller local Chapters of Rotary Means Business may not need Finance Committees, budgets, bank accounts, etc. However, as you grow, an effective system to manage the Chapter’s finances will be important. When setting up the local Chapter’s initial structure, it would be wise to allow for a financial structure and individuals or committees to help steer the Chapter to fiscal health.
Dues
Dues for the Rotary Means Business Fellowship of Rotary International may be set by the Board of Directors. Dues, if any, for local Chapters are at the discretion of the local Chapter.
Cost to attend meetings
Cost to attend Rotary Means Business meetings are at the discretion of the organization (Fellowship or local Chapter) hosting the meeting.
Leadership Group Meetings
There should be a general outline of the parameters for leadership group (Board of Directors, Steering Committee, etc.) meetings, including quorum, schedule, how called, how conducted, etc.
General Meetings
There should be a general outline of the parameters for general meetings, including quorum, schedule, how called, how conducted, etc.
Attendance
Attendance policies for meetings of individual Rotary Means Business chapters will vary among those chapters. Some local chapters limit attendance to Rotarians. Other chapters see Rotary Means Business as a recruiting tool, and invite prospective Rotarians or guests to their meetings. Local Chapters may set their own rules regarding attendance by non-Rotarians, including limiting the number of meetings a non-Rotarian may attend, or prohibiting non-Rotarians altogether.
Annual Meeting
All local Chapters should plan to hold at least one annual business meeting. Often the business meeting is just a section within a regularly scheduled networking meeting. Certain annual activities, such as financial reports and elections, should be scheduled during the annual business meeting.
Special Meetings
There should be a mechanism to call special meetings.
Notice of Meetings
The laws of many states and countries require notice for certain meetings. (“open meeting” laws.) The local Chapter should make sure their meeting notice requirements meet their local government’s requirements.
RMB Branding
All Rotary Means Business logos, URLs, and other branding items are the property of the Rotary Means Business Fellowship, and subject to Rotary International’s policy on the use of those items.
Modification of Rules
The local Chapter governing documents should include a provision for the local leadership group to modify those documents, or any rules, regulations and resolutions adopted by the leadership group or membership, provided they are not inconsistent Rotary International.