Page 20

a. The NIAAA as an organization continues to be in sound financial shape. The turnout at the Phoenix Conference was second only to the 2016 conference in Nashville, Tennessee, which should add additional income into the coffers of the NIAAA. b. The Endowment Fund is currently $1,389,901 (as of November) and has yielded a return rate of 15.5% for the year. Mike Mannion deserves credit for his outstanding management of this account and his shrewd and informed investment practices. The major purpose of the endowment continues to be professional outreach. $265,420 has been given to state associations for outreach since this program began. c. The Reserve Fund is up $62,000 in the month of November and is up $116,000 (9.4% increase) from July through November. d. The NIAAA estimates that in excess of $39 million worth of advertisements promoting high school athletics have been aired since the PSA program has been initiated. e. The NIAAA must always be cognizant that a change in the economy could affect these accounts.

3. Action on Committee Recommendations: a. The NIAAA Board of Directors approved extending the term of Amy Molina (Vermont) on the Publications Committee for an additional year to address recent turnover with that group. b. The NIAAA Board of Directors approved making certificates for both scholar-athletes and three-sport athletes available as a member benefit. These documents are available on the NIAAA website at www.niaaa.org.

4. The NIAAA Board of Directors approved a grant application in the amount of $1000 to the Florida athletic administrators group.

5. The Board will examine the current membership of the Sports Turf Committee. Brad Rumble has retired from a role in that group; there is a goal for having the committee have more athletic administrators involved. 6. Mike Blackburn and Phil Rison traveled to Washington, D.C. to meet with government officials as a means of creating additional awareness about the NIAAA and its promotion of education-based athletics. Mike and Phil met with Senator Todd Young and personnel from the U.S. Department of Education who are highly engaged in legislation related to schools. They also participated in a conference call related to Title IX and the role of the NIAAA in interpreting this landmark legislation. 7. Staff Projects – Mike Blackburn reported on a variety of NIAAA office projects, including: building on the current inventory of technology and 20 | DAANJ WINTER 2017

DAANJ - Winter 2017 Newsletter  

Directors of Athletics Association of New Jersey, Inc.

DAANJ - Winter 2017 Newsletter  

Directors of Athletics Association of New Jersey, Inc.

Advertisement