Alma del Mar
Minutes
Alma del Mar Foundation
Date and Time
Friday June 17, 2022 at 12:00 PM
Location
Christine Fisher is inviting you to a scheduled Zoom meeting. Join Zoom Meeting https://us02web.zoom.us/j/86264819522?pwd=SC90SVhNMjVTelV6eUREM2pTd0Jtdz09 Meeting ID: 862 6481 9522 Passcode: 817608 One tap mobile +13126266799,,86264819522#,,,,*817608# US (Chicago) +16468769923,,86264819522#,,,,*817608# US (New York) Dial by your location +1 312 626 6799 US (Chicago) +1 646 876 9923 US (New York) +1 301 715 8592 US (Washington DC) +1 408 638 0968 US (San Jose) +1 669 900 6833 US (San Jose) +1 253 215 8782 US (Tacoma) +1 346 248 7799 US (Houston) Meeting ID: 862 6481 9522 Passcode: 817608 Find your local number: https://us02web.zoom.us/u/kbJMHpaxbY
Committee Members Present
E. Haddad (remote), J. Baptist (remote), P. Ditchfield (remote), R. Cabral (remote)
Committee Members Absent
D. Prentiss, M. Kay, W. Gardner
Guests Present
C. Fisher (remote)
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
C.
Approve Minutes
II. Alma del Mar Foundation
A.
FY23 Budget
CF will add Scholarship Revenue/Expense to the Budget.
B.
Update from Ed-Construction Project
C.
Construction Rec
C. Fisher will send final requisition for excess loan proceeds to EFF by end of June.
III. Other Business
A.
State Ethics Update
Reviewed State Ethics Update re: crossover of Board members on Foundation and Board of Trustees. P. Ditchfield and J. Baptist agreed that there shouldn't be member crossover but members of each board should participate in both BOT and Foundation Board meetings as guests.
E. Haddad provided an update on the construction project noting a dispute with one of the sub-contractors seeking reimbursement for COVID related expenses. Dellbrook and Alma legal team are responding the requests.