1. Call to order by Robert Aldridge, 2:42 p.m. Rusty Aldridge appointed secretary.

2. Minutes approved M. Smith makes motion to approve, B. Forester seconds motion.

3. A. Chair reported first on foundation portfolio. Refer to copy of portfolio provided by Chair. Chair also we are currently shopping for bonds and energy stocks for further investment. Pending legislation concerning issues that would have a negative effect on small foundations and Chair suggested we write our local legislators expressing our concerns. Web site was discussed. Keep up the good work Dave!

Item 3. B. Tornado damage to Selman Living lab reported by Rusty Aldridge. Funds are needed to assist reconstruction. Dr. Bill Caire is to provide a cost estimate report to foundation and a decision will be made as to wheather we can assist. Mickie Smith reported on Loan Oak Library. Funds are needed to provide continuation of library internet service, a new copy mechine, and protection of staind glass windows at local church. Please refer to e-mail of solicited proposals provided by Chairman on 12-6-2005.

Item 4 - Tom aldridge motions to approve, B. Forester seconds. All approve.

Item 5. A - Info technology committee appointed.

Item 5. B - Funding of continuing programs approved, Parris motions, Barbra seconds.

Item 5. C -

1. AFROTC grant for next year approved. Barbra motions, Parris seconds, approved.
2. Okla. Christian Univ. proposal, tabled.
3. Ok. Med. Research Fndn. proposal, tabled.
4. Edmond North High School proposal, tabled.

Item 5. D - Partnership approved. R. Aldridge motions, Barbra seconds.

Item 5. E - Please refer to e-mail from Chair dated 12-6-2005.

Item 6. F -

1. Lavern Aldridge to remain on Advisory Board. Jake Aldridge appointed to Advisory board.
2. Computer replacement. Please refer to Detailed report provided by Shaun Palmer. Nicely done Shaun.
3. Old Business - Nothing to discuss concerning this.

7. Meeting adjourned at 4:15 p.m. R. Aldridge motions, T. Aldridge seconds, all approve.

 

PROPOSED AGENDA NOVEMBER 25TH BOARD MEETING

1. Call to order, appoint secretary
2. Approve minutes of previous meeting
3. Reports of Officers and Committees:

A. Chairman's Report

1. Portfolio
2. Pending legislation
3. Web site

B. Reports of projects visited

4. Approval of the actions of the Chairman, Fiscal year 7/1/04-6/30/05

5. New Business:

A. Appointment of Information Technology Committee
B. Approval for funding continuing programs: $80,400

1. NIDD - $20,000
2. OU School of Business - $11,000
3. OU. School of Nursing - $9,000
4. OSU/OKC Nursing - $9,000
5. UCO - $8,400
6. Rogers State - $6,000
7. Habitat for Humanity - $5,000
8.City College - $10,000
9. Mini-Grants - $2,000

C. Consider soliciting proposals for new projects:

1. Edmond North AFROTC - $ 1,000
2. Okla. Christian University - $10,000
3. Okla, Medical Research Fndn - $10,000
4. Edmond North High School - $1,500
5. Consider partnering with other foundations Weagner? Donna Nigh?
6. New Business from the floor.

6. Old Business:

A. Replacement of LaVerne Aldridge on Advisory Board.
B. Replacement of Computers
C. Old Business from the floor

7. Adjourn