HomeMy WebLinkAbout01-08-17 WAF MinWESTLAKE ACADEMY FOUNDATION
Board Meeting
January 18, 2017
Board Members in Attendance: Christine Ross, Debbie Kraska, Karen Stoltenberg, Sean Shope, Deanna
Titzler, Zan Jones, Kevin Hansen, Laura Luckett, Andy Sedino, Wendy Greenwood, Leah Rennhack, Jeff
Watson.
Others in Attendance: Shelly Myers, Julie Kelly, Marlene Rutledge, Debbie Piper and John DeBurro
with Tidwell & Weaver
I. D. Kraska called the meeting to order at 8:36AM.
II. Motion to approve minutes of December 14, 2016 meeting by K. Stoltenberg, second by A.
Sedino. Motion carried.
III. Financial Report
FY16 Audit Presentation by John DeBurro, audit partner with Tidwell & Weaver.
Audit determined that the Foundation is utilizing “generally accepted audit standards with no
significant deficiencies.”
S. Shope presented Financial Report for the month ending December 31, 2016.
Administrative account revenue in need of adjustment due to Giving Day bonus funds.
Motion to approve financials by A. Sedino, second by K. Stoltenberg. Motion carr ied.
IV. Investment Committee
Report tabled until next month’s board meeting.
V. Marketing Committee
Z. Jones reported that marketing committee recently attended Class of 2016 Alumni luncheon
and IB diploma program to take pictures, collect feedback and visit with recent graduates.
D. Titzler shared new Gallery Night 2017 video to be emailed in today’s eBlast and posted on
social media and website.
VI. Development Committee
Gallery Night – “All that Glitters!”
o C. Ross reported that all artists have been confirmed for PYP classroom-created
artwork, but currently there is a need for more Live Auction items.
o S. Myers reported that sponsorships currently stand at $74,000.
Blacksmith Annual Fund
o K. Stoltenberg reported that goal has been reached when including corporat e and non-
parent community donations to total $1,066,170 with 79.03% parent participation.
o Highland Capital has issued a challenge of $100 per new donor to BAF up to $5,000.
VII. Grant Review
S. Myers presented SPRK Robots grant in the amount of $3,280. Motion to approve funding
of grant up to full amount by J. Watson, second by K. Hanson. Grant approved.
Archery Equipment grant presented for the amount of $4,205. Motion to approve funding of
grant up to full amount by J. Watson, second by A. Sedino. Grant approved.
Amendment presented for Brain Science Conference to increase grant by $1,328. S. Myers to
seek clarification of amounts. Motion to approve amendment pending clarification of
amounts by K. Stoltenberg, second by L. Luckett. Grant amendment approve d.
VIII. President’s Report
D. Kraska and L. Luckett reported on Alumni Committee event, “Dads and Grads ,” held on
1/1/17 at Meat U Anywhere BBQ in Trophy Club. Approximately 30 people attended.
IX. Executive Director’s Report
none
Other Business
S. Myers reported that Board of Trustees approved Outdoor Science project to begin
construction.
Next Meeting: Wednesday, February 15 , 2017 at 8:30 AM , Lee Fieldhouse, WA
L. Rennhack moved to adjourn the Board meeting, second by D. Titzler. Motion carried. Meeting
adjourned at 10:04AM.