President Randy Johnson called the meeting to order at 7 PM. Those in attendance were Randy, Sally Trimble, Christel Miller, Jacki Gavin, Yo Robertson, Lori Hopper, Ann Cowan, Jo Rydland, Emily Cockrell, Deb Steele, and Sue Michie.
MISCELLANEOUS- Ann Cowan will be resigning from the Board at the end of this school year.
- It was reported that Perpetual Motion is going out of business. This could be a problem for running the Palaplooza.
- Sustainers will hopefully continue to be involved with the Foundation. Those who will become "Sustainers" for 2005 - 2006 are Mitch, Tom, Jacki, and Emily.
- Directors need to let Randy know if they plan to leave the Board.
- Jo's husband has taken a job as Superintendent of Schools in Chicago with the Aurora School District. She will eventually be moving and leaving the Board.
- Randy noted that our fund raisers MUST continue. There is a chairperson for each fundraiser next school year.
- New Directors are needed to replace those leaving the Board as "actives". We do not have a full Board (17 to 20 directors) for 2005-2006.
- Emily noted that she got a reduction on her Apple Computer purchase as a director serving on the Foundation Board! She just needed to prove her status as a director (a letter from President Randy).
- The Foundation inserts did not get put into the Senior Class mailings. These may be used in 2005-2006 since they are not dated.
Jacki moved that the Minutes be approved as written. The move was seconded and the motion was approved.
TREASURER'S REPORT- Randy gave an abbreviated financial report in Ron's absence. $5500 has been deposited for the two fundraisers - the Palapalooza and the Father/Daughter Dance. A question was raised about which of the two big fundraisers earned the most money?
- A $2500 deposit was made today for the Fred Breidenbach scholarship.
- $1000 was received from Christel's daughter-in-law Grace for the Miller Scholarship.
- A check was received and deposited from the HEC Board for $2000 (to be matched by Foundation funds).
- Some additional funds have been received and deposited, to be included in the June report. Randy hopes to present a final Treasurer's Report in June, with Ron's help. It was suggested that we should have a director who is able to back-up Ron as Treasurer if/when needed. This is a possible criteria for one of our incoming Directors.
- Randy discovered that his name was already listed as a signer on our bank accounts (set up when he was vice-president). It was agreed that having 3 officers as possible signatories on our bank accounts is wise. Currently Randy, Ron, and Cindy are listed.
- Several names were mentioned as possible new directors. Randy is calling several of them, and other directors are talking to interested potential directors. Any new directors can be invited to the June dinner/meeting. This would be an opportunity to meet the group in a social setting.
The Scholarship Committee has been meeting.
The new Breidenbach Scholarship was discussed. Mr. Lundberg approached Sue Breidenbach (widow) suggesting that something for the Art Room be funded instead of a scholarship. The obituary specifically notes that donated funds will go to a CHS scholarship; therefore a different use of the funds would not be appropriate. It is also the responsibility of the Foundation to oversee funds for scholarships, not to use those funds in any other manner. Sue Breidenbach will be contacted to determine her desires for the scholarship - including how many scholarships should be funded from the current $2500 (total contributions not yet known).
The once-a-year audit should be done sometime in 2005.
END-OF-YEAR DINNER/MEETING
The last meeting of the school year will be held on June 8, 6:30 PM at Randy's house. It will be a dinner to celebrate the See's candy top seller (Paul Taylor). Details are being worked out by Jacki and Emily. It may be a pot luck. The dinner committee will e-mail all directors with directions to Randy's and details on the meal.
The meeting was closed by Randy at about 8:30 PM.
Respectfully submitted by Sue Michie