KENTUCKY STATE UNIVERSITY BOARD OF REGENTS Meeting of the Institutional Advancement Committee Thursday, June 3, 2021 at 1:00 p.m. ETING WAS CONDUCTED BY TELECONFEREN
MINUTES *****
Call to Order
Regent Banks, Chair of the Institutional Advancement Committee, called the meeting to order at 4:13 p.m.
Roll Call
Regent Ron Banks, ChairPresent
Regent Elaine FarrisPresent
Regent Chandee FelderPresent
Regent Paul HarniceAbsent
Regent Syamala ReddyPresent
Regent Roger ReynoldsAbsent
Quorum was established.
Adoption of the Agenda
MOTION by Regent Farris:
Move the Committee to adopt the agenda of the June 3, 2021 Meeting of the Institutional Advancement Committee
Seconded by Regent Reddy and passed without dissent.
Agenda Item(s)
Action Item(s): NONE
Information Item(s):
ARGI End of Year Endowment Performance Report
Dan Cupkovic of ARGI presented the portfolio review for KSU's Endowment Fund. The fund realized an increase of over $5 million in the past two years with over 15 percent annualized returns. 2020 was a good year for the fund due to the market.
Election Results for KSUNAA Officers
All national officers remain the same. Richard Graves is President, Dr. Linda Wyhe is Vice President, Roxie Brown is Secretary, Renee Micou is Financial Secretary, and Aaron Terrell is Treasurer.