Page 40 - 2025 April Report

Board of Directors’ meeting minutes (draft) (2)
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September 2025 meetings.
The Board approved the committee membership as shown on Attachment “B” to these minutes.
D. Conflict of Interest
The 2025 Conflict of Interest Statements had been provided. Directors were asked to
submit their statements to the Foundation office for recording.
E. Reappointment of Board Consultants
Bobby reported that he had spoken individually with Hugh Brown, David Blaikie, Sherry Salway Black, and King Jordan. All have expressed their willingness and desire to continue their respective roles as consultants in their areas of expertise. He recommended that they be reappointed. King and Hugh will be attending Board meetings as Chairs of the Compensation and Audit and Risk Committees, respectively.
The Board approved the reappointment of the Board Consultants. 4. SuccessionReport
Bill presented the Succession Planning Memorandum which had been circulated and is attached as Attachment “C”. The Committee discussed various points in each of the four sections.
Board Chair
Point 3. Board Chair Term – Bill reported that the Governance and Nominating Committee has discussed this quite a bit and felt comfortable recommending a three year renewable term as the best option for continuity. There was Board question about how the Board Chair term would work with a Director status which might be active at the time of election to Board Chair but would expire before the three year Board Chair term. The Governance and Nominating Committee will revisit this issue.
Point 4. Compensation - The Governance and Nominating Committee would be involved in this determination.
Officer Selection
There was no discussion on this section.
Committee Chairs
Point 2. Qualifications – Language should be added to include staff so that it reads “Former Directors, Consultants, or Staff may also serve as Committee Chairs, if warranted.”
Committee Rosters
Point 2. Qualifications – Language should be added to include staff so that it reads “Former Directors, Consultants, or Staff may also serve as Committee Chairs, if warranted.”
The Board approved moving forward with the Succession Planning as shown on Attachment “C” to these minutes with the edits to the Committee Chairs and Committee Rosters.
5. ContinuingEducation
After discussions with Bobby, Malcolm has agreed to take the lead on continuing education. Malcolm recommended conducting continuing education sessions in conjunction with the March and September meetings rather than during the summer. There would not be a session in December as that weekend’s time frame is already quite full.
Suggestion was made that the September topic be around the distinction between Alaskan corporations, tribes, and villages being designated as tribes. Other ideas included learning more about neurodiversity, a session conducted by Prime Buchholz about Foundation finances, and choosing a book of particular interest to Foundation activities. Malcolm asked that any other suggestions be sent to him.
The Board agreed to this timing change with the first session to be conducted during the