Thank you for taking the time to respond to this. I just noticed that the graphic has been updated on the website to no longer show the veto rights comment which is good to see.
Knowing that veto rights weren't the issue, it reinforces that there are additional members that are not aligned with funding quality FOSS projects for whatever reason they may have. I would encourage each member of the board to push in future meetings to revise bylaws to improve transparency and create a truly open funding mechanism. The current system the board uses is more ideal for the personal reputations of those on the board than it is for handling open funding.
While it's impossible to determine who the bad actors are because of the private processes we can only speculate at this point. That being said we can see who is promoting secrecy in an open committee by reviewing past meeting minutes. See
https://opensats.org/docs/minutes/2024-Q4.pdf where NVK and
@ODELL argued for private votes that you seemingly also supported by your inclusion of keeping the committee members private as well. I highly encourage each board member to realize that by hiding votes you are allowing the majority to place the blame on your hands even when you don't vote in alignment with other board members.