lnformation iterrs addressed during the commitlee meeting included an update of progress in reaching out to potential international partnerships and an update to our enrollment and retention efforts. Finance and Audit Committee (Asenda. Apnendix E) Ms. Suzarne Vessella chairs the Finance and Audit Cornmittee. The committee met this morning to review items for action and information. In addition to the routine items for action, there is a request of non-mandatory fee increases and a capital budget authorization request 2014-2015. ltems for information included a budget update/rnonthly financial report, facilities and planning active project list, and personnel items.
Student Affairs Committee (Asenda, AnDendix F) Mr. Matt Lautman clrairs the Student Affairs Cornmittee. There are two items of action the cotrmrttee recommends moves forward for consideration by the full Council. The first is a traditional residence hall fee increase of2%o.The second is a meal plan fee increase of 2.75%o,wLich includes the rate increase given to AVI of 2.lYo as part of the food serv ices contract. Mr. Lautman also provided to each Council member a copy of a lefter of support for the proposed fee increases signed by President Rogers Clements on behalfthe Student Government Association, Inc. Mr. Lautman asked the letter be included as paft ofthe record for this meeting. (Attachment F,1) ,
University Advancement Committee (Agenda. Annendix G) Mr. Matt Shaner, chair of the University Advancement Comrnittee, shared the following report: The University Advancement Committee met yesterday aftemoon. Barbara Ender, Samantha Swift and Ed Bucha provided updates for the committee. The following topics were discussed:
I.
Major Gift Officers are engaged in several fundraising initiatives in conjunction with the
125'r'
Annrversary:
.
.
The l25th Anniversary Challenge has garnered $1,446,043 in gifts and commitments to date, of which $636,543 has been designated to scholarships. The 1889 Society, a new program designed to recognize donors who have included SRU in their estate planning, was introduced in January. Responses have been received from 2l donors totaling more tlran $2 million. The Founders' Society includes 260 members and honors those donors who give $ I ,000 or more in consecutive years. Gifts through the Annual Giving appeals (Drive for 125) are up by $25,000 over the same period
.
last year. The student philanthropy effort, " 1, 2 Give Me
. .
lI.
5
!" has raised $ 1,1 00 to date.
Total gift income as of March 25,2014, was $1.74 million reflecting an increase of 304 overthe
same period Jast year.
IIl.
Ed reviewed the Slippery Rock University Foundation, Inc. Balance Sheet Summary, Income and Expense Summary and the Investment Summary, the Residence Suites occupancy (93.1Yo in 2013-14) and capital project expenses incuned by the Foundation in recent years