El Camino College Foundation
Board Meeting Minutes November 20, 2008
Location: LRC – Distance Education Conference Center
In attendance:
Debra Breckheimer, Stan Dunn, Derf Fredericks, Mike Goguen, Don Greco, Marcella Low,
Tim Marshall, Richard Montgomery, George Nakano, Steve Napolitano, Virginia Pfiffner, Dana
Ward, Rob White
Annual Members: Megan McLean, Angela Simon, Luukia Smith
Ex-Officio:
Ray Gen, Harold Tyler
Staff:
Sue Cody, Katie Gleason, Kahea Kamahele, Nancy Tonner,
Recorder: Sue Burin
Guest Presenter: Jeanne Bellemin, Life Sciences Faculty
Guests:
Susana Prieto, Math Faculty
Benel Se-Liban, Roselyn Tan and Lee Waddle of Vasquez & Company
Welcome and Introductions:
 Rob White introduced Alice Grigsby, Director of Learning Resources, who presented an overview of the
new Distance Education Conference Center.
 Faculty Presentation by Jeanne Bellemin, Life Sciences.
 Audit – Benel Se-Liban, Roselyn Tan and Lee Waddle of Vasquez & Company presented the ’08 audit.
Discussion followed.
Motion made by Richard Montgomery to accept the 2008 audit as presented by Vasquez & Company. Seconded
by Stan Dunn. Motion passed.
MINUTES:
Motion made by Steve Napolitano to accept the minutes, as amended (add Marcella Low in attendance) from
the September 25, 2008 Foundation Board meeting. Seconded by Derf Fredericks. Motion passed.
EXECUTIVE REPORTS:
Director of Development – Katie Gleason
 Gleason reported gifts-to-date are at $161,000.
 David Benoit concert netted $30,000 in unrestricted funds.
 Discussion of Math, Engineering and Science center. President Fallo, George Nakano, Steve Napolitano
and Allen Schwartz of Asset Management met to discuss the project.
 The Charles Gift received in 1999 was for $388,029.43 and had been designated as an endowment.
Gleason and Don Greco spoke with the donor who signed an agreement to release the restriction (per
UPMIFA).
 Discussed 2009 – 2010 Foundation goals.
 The library has requested $19,400 from the Ella Rose Madden funds for databases. The Finance/Executive
committee recommended funding the request. Discussion ensued.
 Gleason reported the Board of Trustees approved Nancy Tonner as a permanent staff member.
Finance – Mike Goguen
 Mike Goguen presented financials of October 31, 2008.
Foundation Board Mtg
November 20, 2008
STAFF REPORTS –
Program Director – Nancy Tonner
 Direct Mail was mailed to 7,200 donors and alumni.
 Working on President’s Circle renewal mailing.
 Donor Appreciation event to be held December 13.
 Working on Employee Giving Campaign, Alumni development and Scholarship reception.
Scholarships – Kahea Kamahele
 To date, 232 applications have been received, an increase of 88% over last year.
 The auxiliary board increased the scholarship budget an additional $1,800 (to $4800). Software upgrades
and campus signs will be funded from Aux budget. Online user guides have also been distributed.
 Added the Osher gift to the online scholarship applications.
Committee Reports:
Investments – Dana Ward
 Discussion that Endowment policy needs to be reviewed and other polices updated/written. Ward
requested a report to monitor endowments.
Development – Derf Fredericks in the absence of Tom Cohenno
 Discussion of the Osher Scholarship and the ECC match. The Development committee will meet to discuss
the gift and allocation.
President’s Summary – Rob White
 Meeting locations – discussion of new locations for meetings.
Board Concerns and Issues
 College football team is in the first round of playoffs.
 Conference call with Commonfund has been scheduled.
Handouts:
 Article from Los Angeles Times “Compton College benefits from takeover by El Camino College.”
ACTION ITEMS:
 Review Endowment policy and update/write other polices. Create report to monitor endowments.
Development committee will meet to discuss the Osher gift and allocation.
Foundation Board Mtg
November 20, 2008