is fundraising among alumni. Mr. Graves responded that the main purpose was to support Kentucky State University in several aspects.
Regent Adams also inquired as to the past relationship between the University and the National Alumni Association. Mr. Graves responded that the relationship has always been excellent.
Mr. DeCourcy asked Mr. Graves to address the number of chapters and alumni members.
Regent Fletcher inquired whether a Hall of Fame exists for recognizing distinguished KSU graduates who have contributed significantly to their states and the country.
Chair Moyer requested Mr. DeCourcy to lead the Committee through the history of the Endowment Investment and Spending Policy and how the policy has evolved into its current form. Next, Chair Moyer offered specific suggestions regarding proposed policy revisions and opened the floor for questions and discussion.
Regent Fletcher, Regent Dukes, and Regent Hatchett commended Chair Moyer for his expertise and offered their support as to the proposed policy revisions.
MOTION by Regent Dukes:
Move to adjourn the Finance & Audit Committee Meeting.
Seconded by Regent Ramsey and passed without dissent.
The meeting was adjourned at 4:15 p.m.
MOTION by Regent Ramsey:
Move to adjourn the Investment & Advancement Committee Meeting.
Seconded by Regent Hatchett and passed without dissent.
The meeting was adjourned at 4:15 p.m.
Submitted by:
Zach Atwell, Board Secretary Regent Edward Hatchett, Chairman
Kentucky State University Finance & Audit Committee
Board of Regents Kentucky State University
Board of Regents