2012 Founder's Day Meeting Minutes
Call to Order: 5:34pm by Br. Chris Burke
Introduction of Officers and alumni
Reading of Minutes: Motion to wave reading of Homecoming 2011 minutes by Br. LeSean Hayes, seconded by Br. Jeff Damcott. Unanimously approved
Presentation of Alumni President’s Report- Br. Burke for Br. Rich Maltz
- Gave mention of upcoming events like Golf (May 4th and whitewater rafting in Pittsburgh area (May 17/18)
- Alumni will finance 2 to National Convention, though undergrads must attend all events for reimbursement
- Homecoming is October 6th.
- Need a list of all interested in summer housing; all must live on 3rd floor due to construction
- Actives agreed to move mattress to 3rd floor in one room to protect from construction
Treasurer Report- click here to see report
- 2012-13 Rent to be set at $2475
- Discussed budgeting of consumable expenditures and meal plan with actives
Undergraduate President Report:
Membership
- Currently 55 undergraduate brothers
- Initiated 9 new brothers in Tau Class this spring
- Graduating 14 this year, starting fall with 43 members
Chapter house
- 30 currently in house
- 32 living in house this fall
- Continuing with house cook for coming year
Academics
- Chapter GPA Average: 3.23
- Ranked 17th academically among 46 fraternities
Intramural Sports
- Sports are done for the year, currently in 7th place without soccer or wrestling included
THON
- $42,663.26
- Had 2 brothers dance with fraternity, 5 danced overall
- THON child A.J. Bobby is doing great, family has been up to visit multiple times
National
- Sending Sam Shively to convention in Palm Springs
- Applied for Howard Alter award
Awards
- IFC Chapter of Excellence, top 5 scoring of all fraternities
- Thon almost $9000 over 2011
- Comment by Br. Burke on number clarification of in-house brothers at which a rate adjustment would be needed. Burke indicated they should be OK at 28 but below that there may be a rate adjustment to cover all expenses.
- Actives are pushing for more brothers to live in house if they can be released from other housing contracts
Undergraduate Treasurer: click here to see attached budget
Account balances: (as of 4/18/12)
- Dues: $16,192.90
- House: $30.25 – (Unused Account)
- Expected Incoming Dues: $2100 -‐ 7 Brothers (as of 4/10/12)
- Amount Paid for Meal Plan currently: $20,980
- Meal Plan to Be Paid: $6,900
- Expected Incoming Meal Plan: $1,150
- Projected Account Balance: $16,192.90+$2,100-‐$6,900+$1,150 -‐$1,000 (Loan) = $11,542.90
- This does not include petty purchases.
Upcoming Expenditures:
- Senior gifts: ~ $30
- Composite: ~ $1,600
PSU IFC Refunded $270 – Chapter of excellence
$75 Donation – Sold old unused textbooks
Raised dues $30 to provide 3 shirts to each brother
Update of repayment of loan to the alumni corp.
Old Business: None
New Business
Capital Campaign-Richard Bartnik
- Provided history to date ; overview of current process
- Approaching $100,000 in pledges
- Provided overview of the process and plans for inventory and damage controls
Leases
- Described new lease agreements and the changes from the old agreements to be more in line with the timing of the university calendars
- Lease will run from one week before fall semester to one week after graduation Summer tenants starting in 2013 will have an individual summer lease
Windows
- Moving forward with replacement with tentative install date of 6/25
- 2nd floor rooms need to be made as accessible as possible for the install crews
Kitchen
- Board has approved removal and replacement of dishwasher and will be installing some sort of waterproof wall covering around the machine area
- Sidestep area is on hold. Actives are encouraged to try and go back to using this entrance. A quick discussion on locks for the door was held.
- Total house cleaning of will be preformed prior to fall move-in.
For the Good:
- Br Burke.-gave Br Richard Bartnik for the good for getting the window project off the ground
- Br Burke. - Meal plan for everyone
Motion to adjourn: approx. 6:06pm
Singing of It Is To Thee