Foundation Board Meeting Inspires

This past weekend the Foundation Board of Trustees held their spring Board Meeting. This was the second face to face meeting of the fiscal year, but only the third meeting of this Board since their first meeting in the spring of 2007.

During the meeting the Board addressed several key issues facing Phi Kappa Theta. Those issues included the establishment of a policy regarding chapter designated endowments, the Collegiate Housing and Infrastructure Act, and the effects of the economy on the Foundation's ability raise money to support Phi Kappa Theta. To me the most important issue was the effects of the economy.

As the Foundation readjusted their revenue projections for the 2009 development year, they of course needed to identify areas to cut their expenses, the Fraternity's educational grants were one of the areas up for discussion. I was of course very nervous because the two entities have had differences in the past, which played a major role in the split between the two groups several years ago.

However, my confidence was restored when the Board collectively recognized that enhancing the educational programs of the Fraternity was at the very core of their Mission. They voted in favor to support the educational programs of the Fraternity! Their commitment to the Mission even during these economic times is inspiring.

As I prepare for the upcoming sprig Fraternity Board meeting, my own personal commitment has been recharged by the recent actions taken by our Foundation Board. My actions will reflect my commitment by increasing my financial investment in the Foundation.