C.A.R. Scholarship Foundation Trustees/C.A.R. Education Foundation
C.A.R. Scholarship Foundation Trustees Hyatt Regency Hotel Long Beach, California October 20, 2006Presiding: Chair Emily Link Vice Chairs Thomas Berge and Cathlyne Scharetg
CALL TO ORDER
The meeting was called to order by Chair Emily Link at 8:04 a.m.
Trustees Present: Emily Link, Chair Thomas Berge,Vice Chair Cathlyne Scharetg, Vice Chair Yin Bihr Mary Jane Cambria Jackie Crowley Diane Harrison Joyce Kristensson Carol Olney Dianne Rath Margaret SvecTrustees Absent: Alex Manos Joanna Phillips
Staff Present: Iqbal Bholat Shui Yin Cheung Mary Martinez
APPROVAL OF MINUTES
It was Moved, Seconded, and CARRIED to approve the minutes of the June 9, 2006 meeting.
The Trustees reviewed and accepted financial statements showing the following:Total Fund Balance as of September 30, 2006………….……………....$1,096,676 Interest Available for Scholarship Awards………………….…………..........$23,142
SCHOLARSHIP AWARDS GRANTED
It was Moved, Seconded and CARRIED to grant the following Scholarship Awards:1. Anthony Andrade USC $4000 Vance Otis Memorial Scholarship2. Jenica Horn CSU Sacramento $4000 Aurelia Gebert Memorial Scholarship3. Justin McCormick CSU Chico $4000 Mark Consalvo Memorial Scholarship4. Norma Soto LA Community College $2000 Pacific West/Alice Hollingshead/Barbara Moss Scholarship
APPLICATIONS NOT SELECTED FOR AWARDS
The following students were not selected for Scholarship Awards:
Pamela Carlton Brittany Griffin Erin Holmes Carmen Liwanag
C.A.R. EDUCATION FOUNDATION
A Subcommittee has been formed to create a budget proposal to present to the Strategic Planning and Finance Committee in June. Subcommittee Members are: Diane Harrison, Marjorie Svec, Cathlyne Scharetg, Mary Jane Cambria, and Tom Berge.
PRIZES AWARDED AT THE C.A.R.EDUCATION FOUNDATION BOOTH
1. Gift Basket/7 nights at Club De Soleil in Las Vegas contributed by Region 2 -- Winner: Cherrel Kirkland 2. Fox Fur Coat contributed by Marie Whitacre of Region 2 -- Winner: Judy Armiso 3. Halloween Basket with 18k gold earrings contributed by Margaret Svec of Region 2 -- Wendy Furth 4. $200 Gift Card Basket contributed by Region 10 -- Winner: Tim Ansst 5. Gift Basket contributed by Region 11 -- Winner: F. Mewhoster 6. Romantic Package/7 nights at Plaza Resort in Palm Springs contributed by Region 12 -- Winner: Mindy Hart 7. $100 Nordstroms Gift Card contributed by Region 13 -- Winner: Joyce Gruwell 8. $100 Visa Gift Card contributed by Joyce Kristenssen of Region 13 -- Winner: Dede Aonsdo 9. Pasta Basket contributed by Region 15 -- Winner: Candida Girard 10. Gift Basket contributed by Region 16 -- Winner: Susan Marshall 11. Dinner/Movie Gift Basket contributed by Region 16 -- Winner: Matt Giacalone 12. Wine Basket contributed by Region 18 -- Winner: Maureen Moyer 13. $200 Nordstroms Gift Card contributed by Region 21 -- Winner: Betty Taisch 14. Fall Gift Basket contributed by Region 22 -- Winner: Barbara Dulton 15. $275 Gift Card Basket contributed by Region 24 -- Winner: Linda Worlin 16. Large Gift Basket contributed by Region 24 -- Winner: Dennis Mason 17. Golf Gift Basket contributed by Region 24 -- Winner: Dee Dee Hubbard 18. Gift Basket contributed by Region 27 -- Winner: Barbara Dulton 19. Fine Wine GiftBasket contributed by Region 30 -- Winner: Monica Smith 20. $100 American Express Gift Card contributed by Region 32 -- Winner: Wendy Furth 21. Garden Gift Basket contributed by Jennifer Svec, C.A.R. Staff -- Winner: JeanHall
HUGH WEISS SCHOLARSHIP
An email from Jim Link, Executive Vice President of the Southland Regional Association of REALTORS® requested that the C.A.R. Scholarship Foundation Trustees transfer the C.A.R. Scholarship fund of $1,160 from the Hugh Weiss Scholarship Fund to the Joe Carnahan Honorary Scholarship Fund.It was Moved, Seconded, and CARRIED to transfer the Hugh Weiss Scholarship Fund in the amount of $1,160 to the Joe Carnahan Honorary Scholarship Fund.
There being no further business, the meeting was adjourned at 11:30 a.m