I’m now on the board of directors for two non-profits (lucky me), plus for my own hydrogen company, REB Research. My first charity seat is for The Jewish Heritage Foundation; it’s really one rabbi who takes donations to make tapes about topics he finds interesting. He then gives away or sells the tapes. We meet once a year to go over the finances and decide what his salary ought to be — basically we rubber stamp.
The second board seat, one I’ve been elected/appointed to just this week, is with a group call “The First Covenant Foundation” they’re semi-religious, trying to get people to behave decently. The first covenant is the one with Noah — God won’t destroy the earth but we have to behave sort-of OK. It’s certainly worthwhile to get people to keep to this minimal standard: no murder, no bestiality, don’t eat the limbs off of living creatures… Then again, if God has trouble keeping folks to this standard, I’m not sure how effective the 1st covenant will be. So far they’ve done nothing illegal or immoral that I’ve seen, so that’s good. Unlike with my first my board position, my contract with first covenant includes a sanity clause. They’re more inclusive that way; as expected, the Jewish heritage group didn’t believe in any sanity clause.
As for REB Research, our aims are simpler: to make and sell good hydrogen-related products, to make money, to pay our workers and creditors, and to develop our workers through training associated with the making and selling of good hydrogen products. Simple enough. My board meets 3 or 4 times a year over pizza; the salary of board members is the pizza. So far we haven’t done anything illegal either, that I know of — and we’re even making money.
