​Grants Committee Charter
1. Purpose
The Grants Committee shall manage all Yet Another Society operations related to grants issued under The Perl Foundation. It shall be granted all powers granted to the Board of Directors relevant to these operations except:

1. Those that are especially denied under the Yet Another Society Bylaws.
2. The sale or purchase of assets worth greater than $500.
3. Borrowing money or assuming any long term liabilities.
4. Entering into any contract or agreement worth more than $10,000.

The Committee shall be restricted to only those activities that are consistent with Yet Another Society's tax exempt status.

2. Objectives
The Committee shall support the following specific tasks:

1. Grant Applications
2. Grant Management

The Board of Directors may add or remove tasks from time to time.

3. Membership
The Committee shall consist of at least one and at most eleven members. The Board of Directors shall always have at least one representative on the committee. The Committee shall ensure adequate membership to carry out the tasks specified in Section 2.
The initial membership of the Committee shall be appointed by the Board of Directors. Members shall serve for 1 year terms. There shall be no limit to the number of terms and member may serve.
Members of the Committee shall be nominated by the Committee. New members shall be elected by a majority vote of the Committee. Any member can be removed by a majority vote of the Committee. At any time, a member can be added, removed, or replaced by the Board of Directors. In the event of the death, resignation, or removal of a member, the Committee shall be elected a new member.

4. Meetings and Reports
The members of the Committee must meet at least once per year. Due to the international nature of the Committee, these meetings will be held via email. It shall provide a report of all recent operations at least once every three months.

5. Duration
The Committee shall serve until dissolved by the Board of Directors.