FLORIDA A9MUNIVERSITY  Board of Trustees  Direct Support Organizations (DSO) Committee Meeting  Wednesday, February 16, 2022 2:15 p.m. FAMU Grand Ballroom  Committee Members:  Thomas Dortch, Jr., Chair Dave Lawrence, Vice Chair  Kristin Harper, Kelvin Lawson, Kenward Stone  AGENDA  I. I.  Call to Order Roll Call  Chair Dortch Mr. Nick Dulcio  ACTION ITEMS  III. Approval of Minutes  Chair Dortch  A. December 2, 2021, DSO Committee Meeting  INFORMATIONAL ITEMS  IV. Update on Divisional Activities  Dr. Friday-Stroud  A. FY2 2021-22 University Advancement Updates 1. FAMU Foundation, Inc. 2. FAMU National Alumni Association 3. FAMU Rattler Boosters  B. DSO Updates  V.  New Business VI. Adjournment  Chair Dortch Chair Dortch    FLORIDA ASMUNIVERSITY  Board of Trustees ACTION ITEM  Direct Support Organizations (DSO) Committee Wednesday, February 16, 2022 Agenda Item III.  Subject:  Consideration of the Approval of Minutes  Proposed Board Action: Approval of the Minutes  Rationale:  In accordance with the Florida Statues, a governmental body shall prepare and keep minutes or make at tape recording of each open meeting of the body. Approve the DSO Committee Meeting Minutes for December 2, 2021.  Recommendation: Attachment:  Yes    FLORIDA/ A9MUNIVERSITY  Board of Trustees ACTION ITEM  Direct Support Organizations (DSO) Committee Minutes  Trustee Thomas Dortch, Chair Thursday, December 2, 2021  Chair Thomas Dortch, Jr., called the meeting to order. Trustees Kristin Harper, Dave Lawrence, Kelvin Lawson, and Kenward Stone were present.. A quorum was established. Four action items and several informational items were presented tot the DSO Committee.  The Committee recommended approval of thei items listed below. Approval of September 15, 2021, DSO Committee Meeting Minutes Trustee Lawrence motioned for approval; seconded by Trustee Lawson. The motion  passed, unanimously. FAMU Foundation, Inc.  Consideration of Approval of DSO Board Members  Re-Elected to the Board (Term Expiration: December 31, 2021) An motion was made to recommend to the FAMU Board of Trustees (BOT) the approval of Directors Elaine Armster, Jemal Gibson, Clifton Goins, Laurence Humphries, Lenetra King, and Tirrell Whittley, to serve another four-year term and the continuation of Director Chan Bryant Abney, on the FAMU Foundation Board of Directors. Trustee Lawson motioned for approval; seconded by Trustee Harper. The An motion was made to recommend to the FAMU BOT the approval of Director Erica Hill to serve as the FAMU Foundation Board Secretary for the remaining two-year term. Trustee Harper motioned for approval; seconded by Trustee Lawson. The An motion was made to recommend to the FAMU BOT the approval of Muhammad Haseeb, Ph.D., to serve as the Faculty Senate Representative on the FAMU Foundation Board of Directors. Trustee Lawson motioned for approval; seconded by  motion passed, unanimously. Elected Board Secretary  motion passed, unanimously. Faculty Senate Representative  Trustee Harper. The motion passed, unanimously. The Committee received updates on Divisional. Activities. A. FY2021-22 University Advancement  FY2021-2022 Fundraising Progress as of November 24, 2021: Shawnta Friday-Stroud, Ph.D., provided a Homecoming Donations Comparison for 2019 & 2021. Over $3M was raised for Homecoming 2021 as $125,169.00 was raised for Annual Giving Tuesday; 69% increase over last  Raised over $12.4M  compared to approximately $1.1M in 2019.  year.    FLORIDA A9MUNIVERSITY  Board of Trustees ACTION ITEM  Atthe September 15 DSO Committee Meeting, Dr. Friday-Stroud received instructions to return to the next meeting with a request for more infrastructure; advise of the percentages of alumni giving rate at the other Florida SUS universities; and a comparative analysis of other departments at Those items were provided to the Board at today's Committee meeting. Following discussions including suggestions from the DSO Committee and FAMU BOT members, Dr. Friday-Stroud was requested to provide a response with justification and a priority listing of critical needs within the next 6- Dr.F Friday-Stroud was also requested to schedule a one-on-one meeting with  other institutions to share with the Board.  months.  Trustee Otis Cliatt to address his inquiries.  B. DSO Updates 1. FAMU Foundation  AF FAMU Foundation Board of Directors meeting was held on November 18- The Investment Portfolio balance as of September 30 is at $156.3M;$ $127M The Endowment balance as of September 30isa at $115M; $96M same time  20, in Orlando, FL. same time last year. last year.  2. FAMU National Alumni Association (NAA)  The FAMU NAAI held its Leadership Summit during the Florida Classic  Weekend. 3. FAMU Rattler Boosters  The FAMU Rattler Boosters have successfully completed their fundraising campaign and surpassed their goal of $100,000 for student-athletes.  With there being no further business, the meeting adjourned.    FLORIDA ASMUNIVERSITY  Board of Trustees INFORMATIONALITEM  Direct Support Organizations (DSO) )Committee Wednesday, February 16, 2022 Agenda Item: IV.  Subject: Update on Divisional Activities Background Information and Summary:  Dr. Shawnta Friday-Stroud will provide an update on Divisional activities.  A. FY2021-22 University Advancement Updates FY2021-2022 Fundraising as of January 26, 2022 Progress as of January 26, 2022: Raised $17,681,723.74 1445sof5122Mlion) New Cash Goal-$ $8.25M Current- -$16,679,257.23 (202%) Planned Gifts Goal $1.95M Current - $585,000 (30%) Pledges Goal- - $4.8M Current-$ $418,677.29 (8.5%) Pledge Collections Current-5408,58.53  B. DSO Updates  1. FAMUI Foundation, Inc.  FAMU Foundation Spring 2022 Board of Directors Meeting will be held on. June 2-4, 2022 in Tallahassee, FL, in conjunction with the FAMU NAA Convention and June BOT Thel Investment Portfolio balance as of December 31, 2021 is $164,027,485. Thel Endowment balance as of December 31, 2021 is $122,063,269.  meeting.    FLORIDA ASMUNIVERSITY  Board of Trustees INFORMATIONALITEM  2. FAMU National Alumni Association (NAA)  The FAMU National Alumni Association started the new year hosting University President Dr. Larry Robinson who presented the state of the University to the association'se executive board, and ways alumnic cani further assist in helping University leadership move FAMU forward. The meeting produced another important accolade for the President in that the NAA Executive Board conveyed a unanimous vote of The FAMU NAA is in the final stretch of tweaking plans for its annual mission of legislative advocacy. FAMU Day at the Capitol is set for Thursday February 24. Plans are to start the day with a legislative breakfast on the 22nd floor to include BOT and University leadership and a legislative luncheon in the same space with events wrapping mid-afternoon. Member visits may include more virtual platforms with key  confidence in the President's strides and leadership.  lawmakers this year. 3. FAMU Rattler Boosters  Raised 75% of the funds for the Cooling Chamber project, which is a joint effort with In the process of transitioning the Rattler Booster's website with FAMU Athletics  the 220 Quarterback Club.  website.