Friday October 28, 2011
President Don Berlin called the meeting to order at 3:00 p.m.
The following 18 members of the class were in attendance: Bob Adnopoz, Don Berlin, Luke Case, Jay Chandler, Jay Davis, Bob Dean, John Gillespie, Dick Gorsey, Bill Grover, Rick Hartman, Tom Kelsey, Peter Kenyon, Dick Lewis, Dick Page, Harry Robinson, Dick Steinberg, Jim Tofias and Shelly Woolf.
Approval of Minutes of 10/18/10 Meeting
In the absence of Secretary Tony Kane, Don Berlin asked Rick Hartman to assume the position of Acting Secretary for the duration of the meeting. Minutes of the 2010 Executive Committee meeting had been emailed to all members. There being no corrections or additions, the minutes of the 2010 Executive Committee meeting were approved unanimously.
Presidents Report: Don Berlin
The names of the following 10 classmates who have died since our last executive committee meeting were read, followed by a moment of silence in their memory: John Christy, Bob Drawbaugh, Cliff Feakes, Skip Gale, Sky Grey, Victor Mahler, Joe Mesics, Don Miller, Hugh Roberts and Joel Wertheim.
Tony Kane has resigned the position of Class Secretary and Newsletter Editor. A motion to accept Tony’s resignation with thanks was made, seconded and approved unanimously. Until a replacement is found, Rick will handle the minutes of executive committee meetings and he and Don will share the duty of writing obituaries of classmates which will be published via the College Harris System as well as in the on line version of the Alumni Magazine. In a command performance, Pete Barker will resume his time honored job as Newsletter Editor.
In the absence of a class secretary, the question was raised whether we need to continue to publish class notes six times a year in the Alumni Magazine. It was suggested we can use the Harris System for distribution of current events while relying on the class newsletter for publication of more extensive news. Following a discussion of the pros and cons of the issue, it was agreed that should continue to publish the class notes in the Alumni Magazine provided volunteers would step forward to do the job. Jay Davis and Tom Kelsey volunteered to coordinate this effort and Don agreed to write the next column.
Shelly Woolf was commended for his outstanding job as Head Agent and a citation from the College was read congratulating Shelly on achieving “a milestone never reached by any other non-reunion class in the history of the College, more that 90% alumni participation in a single year in gifts through the Dartmouth College Fund.”
Steve Mullins and Jay Davis were thanked for hosting
mini-reunion events during the Penn/Dartmouth football weekend and for the
traditional Homecoming weekend in
Recent international class trips to such places as the Greek
Plans for our three 80th Birthday Celebrations
were reviewed and Dick Page was thanked for his leadership in making
arrangements for our first celebration in Boston immediately following our
executive committee meeting. The next birthday party will take place in
In anticipation of our 60th
Treasurers Report: Jim Tofias
The class began FY 2011 on July 1, 2010 with a cash balance of $21,574. During the year, receipts amounted to $41, 962 and disbursements amounted to $39, 891, resulting in a positive cash flow of $2,071 and leaving a balance at the end of the year of $23,645. When combined with invested reserves of $23,087, net class resources amounted to $46,732 as of June 30, 2011.
For FY 2012, it was moved, seconded and voted unanimously to authorize a subsidy of $5,000 from the class treasury to help defray expenses of the three 80th Birthday Celebrations - $1,500 for each celebration plus $500 for miscellaneous expenses.
Head Agents Report: Shelly Woolf
The entire class, including thirty class agents, was thanked and congratulated for the extraordinary effort that lead to 90.4% participation and a record that has never been achieved before by a non-reunion class.
In the immortal words of our head agent:
We exceeded our 85% participation goal.
We blew away the 57 year-out participation record of 79% set by the Class of 1942.
We exceeded 90% participation which no other non-reunion class has ever done.
We raised $306,803 which was 22.7% over our $250,000 goal.
We had 28 members of our class support the Dartmouth College Fund who were not on board last year or, in some cases, for many years.
It is exciting to have those guys back and I take it as a vote of confidence for Jim Kim and the Dartmouth of today.
It was noted that the scoring base of our class, and other classes as well, has been increased as a number of “fund omit” classmates have been added back as a result of solicitation efforts. Consequently, it will be necessary to reduce somewhat our participation goals in future years.
After some discussion, it was moved, seconded and voted unanimously to set the Dartmouth College Fund class goal for FY 2012 at $275,000 with a participation goal of 75% on the new scoring base.
Mini-Reunion Chair Report: Jay Davis
The following mini-reunions are being planned:
Holiday luncheons at the
Yale-Dartmouth Club in
80th Birthday Parties in Sarasota, FL during the mini-reunion from February 26 to March 1and Scarsdale, NY on May 23
Penn game weekend in
A customized week-long Road Scholar (formerly Elderhostel) program in Santa Fe in May on the subject of Inside the Art World Today
Alumni Council Report: Jay Davis
At its next meeting in December, candidates will be nominated for an uncontested election of three alumni trustees.
Class Awards: Bob Adnopoz
The next class award will be presented at the Holiday
Special Projects: Peter Kenyon
Tucker Foundation: Michelle Shankar, 12, in memory of George F. Murdoch, 54
Rockefeller Center: Anna Villaruel, 12, in memory of John F. Reilly, 54
Dickey Center: Giulia Siccardo, 12, in memory of Joseph E. Mesics, 54
DPCS (Tucker): Francisco Herrera, 13, in memory of Irwin M. Herrman, 54
Each year the class donates 4 internships at $3,000 each for a total of $12,000. The selection process is managed by an internship committee composed of Tony Kane, Peter Kenyon, Dan McCarthy, Jon Moore and Dick Trowbridge. This $12,000 class donation is underfunded by $5,500 in donations from classmates.
Bequest Chair Report: Tom Kelsey
20 classmates have established 24 Life Income Plans or Lead Trusts with the College including 1 classmate who has 3 and 2 classmates who have 2 each. These plans and trusts have assets totaling $4.2 million in value. Additionally, $1.1 million of gifts have been received from 4 bequests made by classmates, or their family members, who have died.
This compares with the following classes:
1951…33 plans and trusts worth $2.2 million from 28 class members
1952…36 plans and trusts worth $3.1 million from 25 class members
1953…28 plans and trusts worth $4.8 million from 22 class members
1955…19 plans and trusts worth $6.2 million from 10 class members
Classmates are encouraged to consider these types of investments through the College at rates superior to what are currently being paid on most fixed income investments available elsewhere. An additional benefit is a gift tax exemption resulting from the gift.
The Bartlett Tower Society recognizes classmates who have made some kind of bequest to the College in their wills. To date, 36 classmates are members. This represents only 6% of the living members of the class vs. a suggested goal of 20%.
There being no further business, the meeting was adjourned at 5:00 pm.
Acting Class Secretary