Alma del Mar

Minutes

Alma del Mar Foundation Meeting

Date and Time

Thursday May 14, 2026 at 8:30 AM

Christine Fisher is inviting you to a scheduled Zoom meeting.
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Committee Members Present

J. McDonough (remote), P. Ditchfield (remote), R. Cabral (remote), T. DeLoach (remote), W. Gardner (remote)

Committee Members Absent

J. Baptist

Guests Present

C. Fisher (remote)

I. Opening Items

A.

Record Attendance

B.

Call the Meeting to Order

P. Ditchfield called a meeting of the Alma del Mar Foundation Committee of Alma del Mar to order on Thursday May 14, 2026 at 8:30 AM.

C.

Approve Minutes

R. Cabral made a motion to approve the minutes from Foundation Meeting on 03-12-26.
J. McDonough seconded the motion.
The committee VOTED to approve the motion.

II. Alma del Mar Foundation

A.

Introduction-Boston Family Office

Rom Wilson and Ben Richardson from The Boston Family Office attended the meeting to present an update on the progress of the account management and outlined the allocations and purpose of the portfolio.   The BFO team will plan to present to the Board quarterly or as needed in FY27.

B.

FY26 - Q3 Financials

C. Fisher presented financials noting budget vs. actual was on track for fiscal year.  Noted the $466k due to the school for private grants and Q3 annual appeal on the balance sheet.  J. McDonough requested Gains/Losses from the Fidelity account be shown on a separate line from Interest income.

 

 

C.

Cash Transfers

W. Gardner made a motion to approve cash transfer as outlined.
J. McDonough seconded the motion.
The committee VOTED to approve the motion.

III. Other Business

A.

Church Street

T. DeLoach informed the Board that the 3rd house on Church Street may be available for sale in the coming months.  More information should be available for the next meeting.

IV. Closing Items

A.

Adjourn Meeting

J. McDonough made a motion to adjourn.
W. Gardner seconded the motion.
The committee VOTED to approve the motion.
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 9:00 AM.

Respectfully Submitted,
C. Fisher