C.A.R. Scholarship Foundation Trustees/C.A.R. Education Foundation
Directors
San Jose Hilton Hotel
Friday, October 9, 2009
8:00 a.m. – 12:00 noon
CALL TO ORDER:
The meeting was called to order by Yin Bihr, Chair at 8:00 a.m.
ATTENDANCE:
Trustees/Directors Present:
Yin Bihr, Chair
Kurt D. Kinsey, Vice Chair
Carol Olney, Vice Chair
John Chufar
Jacqueline Crowley
Dianne Rath
Cathlyne M. Scharetg
Tracy Shumard
Nancy Troxell
Zeena Wathen
Diana Wood
TRUSTEES/DIRECTORS NOT PRESENT:
Margaret Svec
GUEST PRESENT:
Mary Jane Cambria - 2009 Committee Liaison
STAFF PRESENT:
Lynette A. Flores
Don Flynn
APPROVAL OF MINUTES
It was Moved, Seconded, and CARRIED to approve the minutes of the June 5, 2009 meeting in Sacramento.
FINANCIAL REVIEW
The Trustees/Directors reviewed and accepted financial statements for the C.A.R. Scholarship Foundation showing the following:
Total Fund Balance as of August 31,
2009………………………………………………….…$1,184,647
Interest Available for Scholarship Awards……………………………………………………...$15,000
The Directors reviewed and accepted financial statements for the C.A.R. Education Foundation.
Total Fund Balance as of August 31, 2009…………………………………………................$73,208.24
C.A.R. SCHOLARSHIP FOUNDATION & C.A.R. EDUCATION FOUNDATION AWARDS GRANTED
C.A.R. SCHOLARSHIP FOUNDATION
It was Moved, Seconded and Carried to grant the following Scholarship Awards:
1. Calderon, Manuel – Cal State San Marcos
Joe Carnahan Honorary Scholarship
2. Dharod, Sheila - Los Angeles City College
Beverly Hills/Greater Los Angeles AOR Scholarship
3. Graber, Michael - Los Angeles City College
Orin G. Berge Sr. Memorial Scholarship
4. Jackson, Alisha - West Los Angeles City College
The Rosenthal Group Scholarship
5. Prince-Turk, Eurydice - Concord Law School
Professional Realty Institute
6. Wick, Naomi - Cal State Sacramento
Aurelia Gebert Memorial Scholarship
Total Scholarship Awards for the October 2009 San Jose Meetings -
$13,000
C.A.R. EDUCATION FOUNDATION
It was Moved, Seconded and Carried to grant the following Education Awards:
1. Cole, Jeff - CRS & E-Pro Designation - San Diego AOR
2. Lavi, Peer - CCIM Designation - San Diego AOR
3. Perks, William - PRI Designation - San Diego AOR
4. Vandenheuvel, Kelly - PRI Designation - Scenic Coast AOR
5. Yu, Elena - GRI Designation - San Diego AOR
Total Education Awards for the October 2009 San Jose Meetings -
$4,334
C.A.R. SCHOLARSHIP FOUNDATION
C.A.R. SCHOLARSHIP/EDUCATION FOUNDATION BOOTH
During the October 2009 EXPO in San Jose the Scholarship/Education Trustees/Director received contributions totaling $1,392.
The winner of the 50/50 raffle was Joel Carlson, who generously donated 90% of the winnings back to the foundations – Total donation from Carlson was $600 and he received the remaining $97 as the total prize winnings.
It was Moved, Seconded, and CARRIED to create a C.A.R. Scholarship Foundation/C.A.R. Education Foundation video testimonial to be launch at the February Meetings in 2010.
It was Moved, Seconded, and CARRIED to contact individuals/groups with initiated funds not close to the $10,000 mark and confirm if funds could be transferred to the general C.A.R. Scholarship Foundation Fund. As well as contacting those initiated funds which are close to the $10,000 mark and work to make the fund perpetual.
It was Moved, Seconded, and CARRIED to contact Universities and Colleges
and promote our foundation through University/College websites.
C.A.R. EDUCATION FOUNDATION
Contributions of $250 were received from the following local associations in 2009:
1. Bay East AOR
2. Berkeley AOR
3. Big Bear AOR
4. California Desert AOR
5. Contra Costa AOR
6. Fresno AOR
7. Humboldt AOR
8. The Inland Gateway AOR
9. Inland Valleys AOR
10. Kings County BOR
11. Lodi AOR
12. North San Diego County AOR
13. Orange Coast AOR
14. Orange County AOR
15. Palos Verdes Peninsula AOR
16. Paso Robles AOR in honor of Jim Liptak
17. Placer County AOR
18. Rancho Southeast AOR
19. San Diego AOR
20. San Luis Obispo AOR in Honor of Zeena Wathen
21. San Mateo
22. Scenic Coast AOR
23. South Bay AOR
24. South Tahoe AOR
25. Southwest Riverside AOR
26. Sutter Yuba AOR
27. Victor Valley AOR
28. West San Gabriel AOR
It was Moved, Seconded, and CARRIED to solicit regions for contributions before each Directors Meeting. Also, the Directors plan to explore different avenues to solicit contributions in 2010.
It was Moved, Seconded, and CARRIED to promote Education Foundation through the C.A.R. Educational Services Advisory Committee and REALTOR® Team Store.
It was Moved, Seconded, and CARRIED to draft a questionnaire/script when following up with the Education Foundation applicants.
ADJOURNMENT:
There being no further business, the meeting was adjourned at 11:13 a.m.
Revised: 11/30/09
