Subject: End of December Update to the Board.
From: "Amy Dacey" <[email-masked]>
To: "John Podesta" <[email-masked]>, "Rob McKay" <[email-masked]>, [email-masked]
Date: Thu, 20 Dec 2007 18:31:48 -0500

Thank you all for your patience as we have tried to resolve some of our
outstanding issues of 2007.

We are planning on moving $1 million dollars to AV by Dec 31 and as soon as
we resolve some of the other contributions we can determine how we can
contribute to the C4 messaging entity.

I think our First Board Meeting helped to solve some of our outstanding
issues.  We are in the process of scheduling the next meeting for mid
January 2008.

Below is a recap of where we are- please let me know if you have any
questions, have a wonderful holiday and we will see you in the New Year.

Board of Directors:

   - John Stocks has agreed to serve as a new Board member starting Jan
   2- he will be at our next board meeting and has already been helpful and has
   committed to fundraising for the effort and we have him working with Mary
   Beth to schedule him for January and February.
   - We need to have a diversity plan for the Board- I will present at
   next Board Meeting suggestions to fill our final slots on the Board

 Staffing Structure

   - John P not sure if you were able to talk to Rob Stein- he reached
   out to me for an update, wanted to check with you first.
   - I am currently looking for some administrative support to start mid
   January

ATLAS/ AV/ C4 Messaging

   - I convened a successful meeting with ATLAS and AV and think we have
   determined a working arrangement for the two entities and their relationship
   with the 527.
   - I asked ATLAS to meet with the C4 to encourage their working with
   ATLAS and seems Matzzie would like to do that, they are determining how that
   would work.
   - Goal is to have all three entities working collectively and using
   the same information- I think we are very close to finalizing that.

 Advisory Committee

   - All groups collectively approve of and like the advisory committee
   structure
   - After a few conversations we have expanded who we think need to be
   at that table- please see below- I am trying to fill them according to the
   best person and plan to have an initial meeting in January with this group.
      1. Amy Dacey- Chair
      2. ATLAS
      3. America Votes
      4. C4 Messaging
      5. C4 Voter Mobilization
      6. AFAM Voter Mobilization
      7. Hispanic Voter Mobilization (suggested Corena Cortez)
      8. Catalist
      9. Representative of the ICT table

 Allocation System

   - During the remainder of December and first week of January I am
   designing a procedure for allocation recommendations, we are going to work
   collectively to try and standardize a reporting system and have a clear
   documents for final allocation decisions made at the Board of Directors
   - Initial meeting of the Advisory Committee in January to come to
   consensus on process

Budget and Finances

   - Please see the attached operating budget, missing pieces include the
   salary, and operating expenses for myself and John P, in addition the Bonner
   contract will be renegotiated and some of the fundraising budget will change
   based on those changes.
   - The high end of monthly operating expenditures is currently $500,000
   per month- my goal is to reduce that to $400,000 if possible.
   - We are finding ways to pay some of the Bonner group expenses
   directly in order to avoid any large single disbursement to them each month.

 Fundraising

   - Mary Pat is sending  a proposed contract by beginning of January
   - We are working to bring on another Fundraising consultant in January
   - We need assistance in locking in Surrogate Fundraisers.

 Administration

   - I have secured separate FFA space in the SEIU building
   - I need to have a discussion about the status of our Legal Counsel
   with the Board.  I am not sure of Christine's ability to continue to
   do this and would recommend if she cannot devote to the Fund to bring on
   Marc Elias as counsel.