Page 35 - October 2023

BOARD OF DIRECTORS’ MEETING MINUTES (DRAFT) (2)
that for each of our three discretionary grant categories there will be a convening every four years instead of every
three years.
Bobby expressed his support for regular Board and CEO evaluations.
The Board unanimously agreed to hold Board and CEO evaluations on Sunday December 8, 2024 and to holding them every three years at the December meetings as discussed above. Bobby will ask Lowell to save this date.
E. The Practice of Philanthropy
Malcolm reported that the book, The Practice of Philanthropy, has gone to press and will be available for purchase in November through various outlets, including Amazon. An early printing will provide the books for the CEP Conference distribution and copies will also be sent to the JSF office. Malcolm is now engaged in marketing the book.
4. Board Chair’s Report
Malcolm reported that he and Bobby continue to have monthly meetings. Malcolm expressed that he has some ideas on how he and Bobby can work more effectively and will discuss them with the Board.
Malcolm is meeting regularly with Lowell Weiss, Bill Corwin, and Bobby for the retreat planning and noted that Bobby and Lowell had also been meeting.
The Practice of Philanthropy will be launched at the CEP Conference.
5. CEO’s Report
Bobby reported on his 2023 goals (see Attachment “B”) noting that a couple are incomplete. He has visited almost all of the grantees and is continuing to make those trips. We have not yet been able to secure any applications from recommendations from the Discovery Associates, though not for a lack of trying. Staff is working to fully implement the password security program “Keeper”. This is very sophisticated program, endorsed by our tech company, and moderately priced. It creates and manages passwords.
Bobby then presented his 2024 goals as shown on Attachment “C”. He announced that Rick Williams is overseeing the Indigenous endowments. Bobby has spoken to Rick about him taking on the oversight of all of the JSF endowments. Rick is agreeable to further discussions on this.
The PACKS program is a carryover from the Board’s request. FAU was identified as the best place to offer the program, but there is concern about the institutional buy-in. They will be resubmitting their application for consideration in December. It was suggested that we might put out an RFP to several universities. Malcolm noted that this is what was done when Gonzaga was selected for the MBA-AIE program.
Hugh said that he would like to be involved in the discussions with Templeton to plan a tutorial for JSF tax exposure, reimbursement policies, and compliance and exposure issues. He commented that Tommy should also be involved in those meetings.
Malcolm expressed how valuable Maridel had been to him. He hopes that Lowell will be that kind of resource for Bobby.
Following Bobby’s presentation of his goals for the coming year, he and all staff and consultants were excused. After a brief discussion Bobby’s goals were approved.
Malcolm advised the meeting that he wanted to discuss a recent happening. In August Bobby, Bea, and David conducted site visits at Mount Allison University and University of New Brunswick. The problem is that Malcolm had not been advised and first learned about it by reading the August Monthly Report, as the visits were taking place. Malcolm chairs the Grant Program Committee, in addition to being Board Chair, and these are programs that Malcolm initiated and
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