Yu Ming Charter School
Minutes
Funds Committee Regular Meeting
Date and Time
Tuesday December 7, 2021 at 5:00 PM
This meeting will be by teleconference pursuant to Executive Orders N-25-20 and N-29-20, and Assembly Bill 361.
The Board of Directors (“Board”) and employees of the Yu Ming Charter School shall meet via the Zoom meeting platform. Members of the public who wish to access this Board meeting may do so at
The Board of Directors (“Board”) and employees of the Yu Ming Charter School shall meet via the Zoom meeting platform. Members of the public who wish to access this Board meeting may do so at
Meeting ID: 828-8213-2263
Password: 573014
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Committee Members Present
J. Chen (remote), J. HuangLi (remote), K. Geiger (remote), M. Andrejko (remote), S. Park (remote), Y. Yeh (remote)
Committee Members Absent
None
I. Opening Items
A.
Call the Meeting to Order
Y. Yeh called a meeting of the Funds Committee Committee of Yu Ming Charter School to order on Tuesday Dec 7, 2021 at 5:04 PM.
B.
Record Attendance
C.
Approval of Agenda
M. Andrejko made a motion to approve the agenda.
S. Park seconded the motion.
The committee VOTED unanimously to approve the motion.
| Roll Call | |
|---|---|
| S. Park |
Aye
|
| Y. Yeh |
Aye
|
| J. HuangLi |
Aye
|
| J. Chen |
Aye
|
| K. Geiger |
Aye
|
| M. Andrejko |
Aye
|
D.
State of Emergency Board Committee Findings Pursuant to Government Code Section 54953(e)
S. Park made a motion to approve the findings.
K. Geiger seconded the motion.
The committee VOTED unanimously to approve the motion.
| Roll Call | |
|---|---|
| S. Park |
Aye
|
| J. Chen |
Aye
|
| Y. Yeh |
Aye
|
| K. Geiger |
Aye
|
| J. HuangLi |
Aye
|
| M. Andrejko |
Aye
|
E.
Approval of February 1, 2021 Minutes
J. HuangLi made a motion to approve the minutes from Board Funds Committee Regular Meeting on 02-01-21.
J. Chen seconded the motion.
The committee VOTED unanimously to approve the motion.
| Roll Call | |
|---|---|
| Y. Yeh |
Aye
|
| S. Park |
Aye
|
| K. Geiger |
Aye
|
| J. Chen |
Aye
|
| M. Andrejko |
Aye
|
| J. HuangLi |
Aye
|
II. Invitation to the Public to Address the Committee
A.
Public Comments on Non-Agenda Items
There were no members of the public in attendance and no public comments.
III. Items of Business
A.
2021-22 Committee Description, Goals and Membership Review
The committee description (responsibilities) is still accurate overall.
- There was a discussion about refining "to work with the Treasurer and the Finance Committee."
- There was a discussion about adding "included but not limited to" to specify the types of private fundraising.
Y. Yeh and J. HuangLi will refine.
Goals:
- Parent-led fundraising: keep the same sentence and change goal to $550,000.
- Refine overall capital campaign goal and secure 30-40% of that goal in commitments by June 2022.
- Create an ambassador program and train 10 active ambassadors by June 2022.
Other to-dos:
- Change the document date
- Update the membership
B.
2021-22 Parent-Led Fundraising Update
- Fall Giving - Goal $250,000
- Read-A-Thon - Goal $50,000
- Auction & benefit - Goal $250,000
It is still unknown whether the event will be in person or virtual.
There was a discussion about the $450,000 overall goal for future years.
C.
Other Fundraising Updates
Tabled.
D.
Naming Opportunities Policy
Tabled.
IV. Closing Items
A.
Review of Action Items & Future Agenda Items Review
- Tabled items
- Committee description and goals
- Committee meeting schedule
B.
Schedule Next Committee Meeting(s)
The next meeting will be the first week of January.
C.
Adjourn Meeting
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 6:04 PM.
Respectfully Submitted,
Y. Yeh