C.A.R. Scholarship Foundation Trustees/
C.A.R. Education Foundation Directors
Friday, May 4 – Sacramento
8:00 a.m. – 12:00 noon
CALL TO ORDER:
The meeting was called to order by Jackie Crowley, Chair at 8:00 a.m.
ATTENDANCE:
Trustees/Directors Present:
1. Jackie Crowley, Chair
2. Lisa A. Keith, Vice Chair
3. Carol E. Yeater, Vice Chair
4. Tom O. Berge
5. Pat Huffman
6. Jeri Jorgenson
7. Linda Lee
8. Lisa W. Neugebauer
9. Dianne S. Rath
10. Susan Tilling
11. Nancy R. Troxell
12. Sheran L. Voigt
13. Diana E. Wood
GUEST PRESENT:
Allan Chiang - 2012 Committee Liaison
STAFF PRESENT:
Lynette A. Flores
Iqbal Bholat
Shui Yin Cheung
APPROVAL OF MINUTES
It was Moved, Seconded, and CARRIED to approve the minutes of the 2012 Winter Meeting in Indian Wells.
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 December 31, 2011…………………………………………………….$1,232,820
Interest Available for Scholarship Awards…………………………………………………….........$12,000
The Directors reviewed and accepted financial statements for the C.A.R. Education Foundation.
Total Fund Balance as of December 31, 2011…………………………………………................$88,878
C.A.R. SCHOLARSHIP FOUNDATION & C.A.R. EDUCATION FOUNDATION AWARDS GRANTED
It was Moved, Seconded, and CARRIED to approve the following scholarship recipients:
Spring 2012 - SCHOLARSHIP FOUNDATION RECIPIENTS:
1. Joel Aguirre
2718 W. Bennett Street
Compton, CA 90220
El Camino College
Beverly Hills/Greater Los Angeles AOR Scholarship
2. Douglas Chad Brightwell
11460 Poema Place #201
Chatsworth, CA 91311
Cal State Northridge
Joe Carnahan Memorial Scholarship
3. Nicolette Fowler
9118 Willamette Center
Bakersfield, CA 93306
Bakersfield College
PRI – Professional Realty Institute Scholarship
4. Joshua Shavalian
2328 Westridge Road
Los Angeles, CA 90049
West Los Angeles/ Santa Monica College
Orin G. Berge Memorial Scholarship
5. Leonardo Valerio
3 Palomar Street
Chula Vista, CA 91911
San Diego State University
John Cotton Memorial Scholarship
6. John Yeressian
PO Box 40413
Pasadena, CA 91114
El Camino College
George Williamson Memorial Scholarship
TOTAL AMOUNT OF C.A.R. SCHOLARSHIPS AWARDED: 10,000
C.A.R. EDUCATION FOUNDATION
It was Moved, Seconded, and CARRIED to work with REALTOR® University to promote and educate members about our foundation, more details to come in 2013 from Richard Rosenthal.
It was Moved, Seconded, and CARRIED to market the C.A.R. Education Foundation through the C.A.R. Website, local associations, REBS Education Department, e-blasts & Social Networking (i.e. - Facebook & Twitter).
It was Moved, Seconded, and CARRIED to solicit contributions before each Directors Meeting with a letter to each local association.
ADJOURNMENT
There being no further business, the meeting was adjourned at 11:47 a.m.