SNMMI Board of DirectorsConference Call

July 22, 2014Minutes - FINAL

Members in Attendance:Peter Herscovitch, MD, FACP, FRCPC; Jon Baldwin, DO; Gary Dillehay, MD, FACNM; Vasken Dilsizian, MD; Munir Ghesani, MD, FACNM; Leonie Gordon, MD, FACNM; Hossein Jadvar, MD, PhD, MPH, MBA; April Mann, BA, CNMT, NCT, RT(N), FSNMMI-TS; Michael Middleton, MD, FACNM; Satoshi Minoshima, MD, PhD; Helen Nadel, MD; Jeffrey Norenberg, PharmD; Alan Packard, PhD; Sally Schwarz, MS, RPh, BCNP; Aaron Scott, CNMT, NMAA, FSNMMI-TS; Anthony Sicignano, BS, CNMT, RT(N); Virginia Pappas, CAE.

Members Not in Attendance: Hazem Chehabi, MD, FACNM; Cindi Luckett-Gilbert, MHA, CNMT, PET, FSNMTS; Todd Peterson, PhD.

SNMMI Staff in Attendance:Helen Leonard, BS.

1. Welcome and Call to OrderPeter Herscovitch, MD, FACP, FRCPC, SNMMI President, welcomed everyone and called the meeting to order at 3:03pm (ET).

2. Revised MOU between the SNMMI and ERFDr. Herscovitch reminded everyone that the purpose of the call was to review and vote on the revised MOU between the SNMMI and ERF.

Dr. Herscovitch gave a brief overview of the relationship between ERF and SNMMI. Representatives from both the SNMMI and ERF met in July 2014, in Chicago to discuss the draft MOU between the SNMMI and ERF and come to an agreement on a final MOU. The SNMMI representatives attending the meeting were Peter Herscovitch, MD, Gary Dillehay, MD, FACNM, and April Mann, BA, CNMT, NCT, RT(N), FSNMMI-TS. The ERF representatives attending the meeting were Peter Conti, MD, PhD, Hazem Chehabi, MD, FACNM and Peggy Squires, BS, CNMT, FSNMMI-TS.

Dr. Herscovitch reviewed the following main points on the MOU amended on July 12, 2014:

a. Page 1 of the MOU, under “Purpose”, the word “primarily” was added to the sentence, “As a professional society, SNMMI’s fundraising activities should be primarily focused on corporate sponsorships in support of its strategic plan.”

b. Page 2 of the MOU, under “Fundraising”, explains there is a difference between housing the funds for short-term and long-term funding as outlined in the following language, “All gifts from individuals, foundations or corporations with long-term (greater than 5 years) funding, should be positioned in the Foundation. If an individual donor wishes to contribute to a short-term (less than or equal to 5 years) SNMMI program or project, they may be directed to the Foundation to make their contribution, with funds to be transferred to the SNMMI for that purpose, or may place the funds directly in the Society. Occasionally, funds raised from corporations for restricted short-term (less than or equal to 3 years) gifts for the SNMMI may have the option to be housed in the ERF.”

Dr, Herscovitch reiterated that for long term donations, that last many years, the SNMMI would set up the terms with the donor and review the SNMMI’s role. A long-term fund would be a restricted fund, tied to the terms agreed upon by the SNMMI and the donor. The fund would be housed in ERF.

c. Page 3 of the MOU, under “Oversight Committee”, The Oversight Committee will be defined as four members from each organization, including the President, President-Elect, and two at large members, including at least one technologist. The purpose of the Oversight Committee is to ensure that good communications and transparency are maintained, and that both organizations are making best efforts to avoiding competing fundraising efforts. The working group will meet at least twice a year.

Dr. Herscovitch asked if either Dr. Dillehay or April Mann had anything to add to his review of the document. They both had nothing further to add to his review.

Dr. Herscovitch asked for questions or comments from any of the other SNMMI Board members.

The suggestion was made to let people know that communication between the SNMMI and ERF has improved and the two groups are moving forward and working well together. The SNMMI Board members were supportive of the revised MOU between the SNMMI and ERF and the comment was made that it is a step in the right direction.

3. Vote to Approve the Revised MOU

Dr. Herscovitch asked for a vote to approve the revised MOU between the SNMMI and ERF.

It was moved, seconded and voted to approve the revised MOU between the SNMMI and ERF dated July 12, 2014 (attached).

Thirteen voting members approved the revised MOU.

4. Other BusinessDr. Herscovitch reminded everyone that the SNMMI has a Development Committee and he will be adding people to serve on that committee to help with this effort. Mary McMahon is the new SNMMI Director of Development and she was at the 2014 Annual Meeting in St. Louis, MO.

Dr. Herscovitch reminded everyone that the SNMMI Board of Directors will have its fall meeting on Sept. 28-29, 2014 in Northern Virginia.

Virginia Pappas told everyone that we will be setting up another SNMMI Board of Director’s call after Labor Day (early September) and Helen Leonard, Program Manager, will email the Board during the week of July 28th, with travel information for the September board meeting.

5. AdjournmentDr. Herscovitch thanked everyone for their time and ended the call at 3:40pm (ET).