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                "text": "KENTUCKY STATE UNIVERSITY\nBOARD OF REGENTS\nExternal Relations and Development Committee",
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                "text": "April 27, 2012",
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                "text": "KENTUCKY STATE UNIVERSITY\nBOARD OF REGENTS\nApril 27, 2012\nExternal Relations and Development Committee",
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                "text": "D1 Action Item: External Relations and Development Committee Meeting Minutes (January 27, 2012)",
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                "text": "D2 Executive Summary Report",
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                "text": "D3 Executive Contributions Report\nAlumni Relations Report",
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                "text": "D4 Information Technology Report\nAuxiliary Enterprise Report\nCapital Planning, Construction and Facility Operations Report",
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                "text": "D5 Communications Report",
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                "text": "KENTUCKY STATE UNIVERSITY",
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                "text": "Regular Meeting of the\nExternal Relations and Development Committee\nBoard of Regents\n11 a.m., April 27, 2012\nBoard Room, Academic Services Building\nRegent Charles Whitehead, Presiding",
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                "text": "Roll Call Hinfred McDuffie Executive Vice President for Administration",
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                "text": "To: Board of Regents External Relations and Development Committee Date: April 27, 2012",
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                "text": "The minutes of the External Relations and Development Committee meeting of January 27, 2012, require approval in order to become an official part of the committee's records.",
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                "text": "Kentucky State University\nRegular External Relations and Development Committee Meeting\nBoard of Regents\nExternal Relations and Development Committee\n11 a.m., January 27, 2012\nMarriott Griffin Gate Hotel, Salon C\nLexington, Kentucky",
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                "text": "Regent Charles Whitehead called the meeting of the Kentucky State University Board of Regents External Relations and Development Committee to order at 11 a.m. on Friday, January 27, 2012. Mr. Hinfred McDuffie, Vice President for Administration, External Relations and Development, called roll:",
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                "text": "Regent Ron Banks, present Regent Laura Douglas, present Regent David Guarnieri, present Regent Charles Whitehead, present Regent Phyllis Williams, present",
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                "text": "The minutes of the October 28, 2011, External Relations and Development Committee meeting were approved as distributed to the committee.",
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                "text": "Mr. McDuffie introduced the Division of External Relations and Development staff for area reports as follows:",
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                "text": "The Alumni Relations and Development reports were presented by Mr. William Wilson, Associate Vice President for Development and Major Gifts.",
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                "text": "Mr. Fields stated that the university is working on converting classrooms into smart classrooms, including the College of Business and Computer Science in Bradford Hall, in addition to the computer labs that have been upgraded. Regent Whitehead inquired about the timeframe for converting the other classroom buildings on campus. Mr. McDuffie responded that Carver Hall is receiving upgrades, which will be complete by the fall. He also stated that Hathaway Hall already has smart classrooms.",
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                "text": "Regent Guarnieri asked if the students have been surveyed to gauge their level of satisfaction regarding access to desktops, laptops and WiFi areas and if so, what has been the feedback. Mr. McDuffie responded that students had been surveyed regarding renovations and upgrades in the residence halls over the winter break. He also stated that a survey on faculty and student satisfaction will be conducted and reported out to the Board.",
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                "text": "Regent Whitehead asked if surveys have been conducted regarding the university's marketing efforts. Mr. McDuffie responded that a marketing consultant was engaged to conduct a region-wide survey. The results will be used by the university in planning its future marketing strategy and will be reported to the Board. In addition, the Office of Alumni Relations conducts two surveys per the year, focusing on graduating seniors and alumni satisfaction.",
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                "text": "The following action items were presented for approval by the committee to send to the full Board:",
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                "text": "Action Item:",
                "reading_order": 6,
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                "location": {
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                "text": "Motion was made by Regent Douglas and seconded by Regent Guarnieri for the following: That the External Relations and Development Committee recommend the approval of the Atwood Research Building renovation by the Kentucky State University Board of Regents. The motion passed.",
                "reading_order": 7
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            {
                "page": 6,
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                "text": "viotion was made by Regent Guamieri and seconded by Regent Williams for the following: That the External Relations and Development Committee recommend the approval of the housing room rate increase I by the Kentucky State University Board of Regents. The motion passed.",
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                "page": 6,
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                "text": "Action Item:",
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                "text": "Motion was made by Regent Douglas and seconded by Regent Banks for the following: That the External Relations and Development Committee recommend the approval of the proposed asset class inclusions and changes to the asset class strategic ranges and percentages, outlined in Section V (Asset Allocation Guidelines) of the Kentucky State University Endowment Investment Policy, as last amended October 26, 2007, by the Kentucky State University Board of Regents. The motion passed.",
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                "text": "The meeting was adjourned at 11:52 a.m.",
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                "text": "2023",
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                "text": "Hinfred McDuffie\nExecutive Vice President for Administration\nKentucky State University",
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                "text": "_____ Approved with no corrections",
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                "text": "Regent Charles Whitehead, Chair\nExternal Relations and\nDevelopment Committee\nBoard of Regents\nKentucky State University",
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        "page": 9,
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                "page": 9,
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                "text": "Kentucky State University\nDivision of External Relations and Development\nReport to the Board of Regents",
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                "page": 9,
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                "text": "During the period of July 1, 2011, to March 31, 2012, Kentucky State University received the annual giving amount of $486,087 from 479 contributors – corporations, foundations, individuals and organizations. Scholarships received the largest portion of the donations in the amount of $256,404. The amount received for the Uniting Generations . . . Securing Futures – A Capital Campaign for Kentucky State University is $1,407,376.",
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                "text": "The Office of Alumni Relations processed the following memberships: 811 annual/associate, 356 complimentary to new graduates, 296 life and 39 subscribing life for a total of 1,502 KSU National Alumni Association financial members, as of March 31, 2012. The K-Club has 37 members. There were mass mailings to alumni for the following purposes: Permanent Alumni Scholarship Fund solicitation (1,301 packages), Homecoming (8,548), K-Club (1,116), Classes in Reunion (4,181) and miscellaneous mailings (6,211). A total of 9,405 electronic mailings have been sent. There were two new/revitalized alumni chapters, and the alumni association currently has 24 affiliate chapters.",
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                "text": "Information Technology reports progress in the Banner System's implementation: Phase I (discovery and hardware installation) is 100 percent complete, and Phase 2, 2.5, 3, 4, 5 and 6 conversions are 100 percent complete. All modules have gone live as scheduled in 2011. IT has also distributed 142 new laptops to faculty; 49 were distributed to residence halls for student checkout. The campus computer labs received upgrades with a total of 156 new desktops: School of Business Lab, Education Lab, Behavioral and Social Sciences Lab, Athletics Lab, Student Center Lab and Academics With Attitude Lab.",
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                "text": "Auxiliary Enterprise reports that housing occupancy was at 85 percent with 879 students at the end of March.",
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                "text": "Capital Planning, Construction and Facility Operations had 48 major projects in progress or pending.",
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                "text": "The university was covered in 445 newspaper articles in Kentucky. The advertising equivalency dollar amount (or cost saving) for the newspaper coverage of KSU was $5,359,347. The university also was covered in 147 television news stories reaching a Nielsen audience of 5,109,862 for a total ad equivalency of $72,610 or total publicity value of $217,817. There were 108 messages posted on KSU's electronic message board.",
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                                "html_text": "Scholarships",
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                                "cell_header_index": 0,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": true,
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                                "text": "336,166",
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                                "rowspan": 1,
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                                "column_header": false,
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                                "text": "376",
                                "html_text": "376",
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                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
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                                "html_text": "Other",
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                                "column_header": false,
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                                "text": "1,008,285",
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                                "html_text": "Corporations",
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                                "html_text": "147",
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                                "rowspan": 1,
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                                "text": "$124,105",
                                "html_text": "$124,105",
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                                "colspan": 1,
                                "column_header": false,
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                                "text": "95",
                                "html_text": "95",
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                                "rowspan": 1,
                                "colspan": 1,
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                                "html_text": "Organizations",
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                                "rowspan": 1,
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                                "html_text": "$305,922",
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                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/3"
                            },
                            {
                                "location": [
                                    194.16,
                                    513.6,
                                    214.56,
                                    545.52
                                ],
                                "text": "258",
                                "html_text": "258",
                                "links": [],
                                "cell_header_index": 2,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/3"
                            }
                        ],
                        "ref": "#/tables/3"
                    },
                    {
                        "row_index": 7,
                        "location": [
                            153.36,
                            481.68,
                            214.56,
                            513.6
                        ],
                        "cells": [
                            {
                                "location": [
                                    153.36,
                                    481.68,
                                    173.76,
                                    513.6
                                ],
                                "text": "Other individuals",
                                "html_text": "Other individuals",
                                "links": [],
                                "cell_header_index": 0,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": true,
                                "placeholder": false,
                                "ref": "#/tables/3"
                            },
                            {
                                "location": [
                                    173.76,
                                    481.68,
                                    194.16,
                                    513.6
                                ],
                                "text": "$380,511",
                                "html_text": "$380,511",
                                "links": [],
                                "cell_header_index": 1,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/3"
                            },
                            {
                                "location": [
                                    194.16,
                                    481.68,
                                    214.56,
                                    513.6
                                ],
                                "text": "271",
                                "html_text": "271",
                                "links": [],
                                "cell_header_index": 2,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/3"
                            }
                        ],
                        "ref": "#/tables/3"
                    },
                    {
                        "row_index": 8,
                        "location": [
                            153.36,
                            449.76,
                            214.56,
                            481.68
                        ],
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                            {
                                "location": [
                                    153.36,
                                    449.76,
                                    173.76,
                                    481.68
                                ],
                                "text": "Total:",
                                "html_text": "Total:",
                                "links": [],
                                "cell_header_index": 0,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": true,
                                "placeholder": false,
                                "ref": "#/tables/3"
                            },
                            {
                                "location": [
                                    173.76,
                                    449.76,
                                    194.16,
                                    481.68
                                ],
                                "text": "$1,407,376",
                                "html_text": "$1,407,376",
                                "links": [],
                                "cell_header_index": 1,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/3"
                            },
                            {
                                "location": [
                                    194.16,
                                    449.76,
                                    214.56,
                                    481.68
                                ],
                                "text": "1,350",
                                "html_text": "1,350",
                                "links": [],
                                "cell_header_index": 2,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/3"
                            }
                        ],
                        "ref": "#/tables/3"
                    }
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                "n_cols": 3,
                "ref": "#/tables/3",
                "reading_order": 3
            },
            {
                "page": 11,
                "type": "TITLE",
                "location": {
                    "l": 219.84,
                    "t": 735.84,
                    "r": 228.48,
                    "b": 639.12
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                "text": "Constituency Type Breakdown",
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            },
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                "page": 11,
                "type": "FIGURE",
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                    "l": 237.6,
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                    "r": 333.6,
                    "b": 448.8
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                "text": "",
                "reading_order": 5
            },
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                "page": 11,
                "type": "TEXT",
                "location": {
                    "l": 297.12,
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                    "r": 305.28,
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                "text": "Fundraising Status",
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            },
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                "page": 11,
                "type": "TABLE",
                "location": {
                    "l": 309.84,
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                "text": "<table><tr><td colspan=\"3\">Total Sponsorship Amount</td></tr><tr><td>Total Sponsors</td><td>July 1, 2011 - December 31, 2011</td><td>Percentage of Alumni Giving</td></tr><tr><td>N/A</td><td>N/A</td><td>0.727%</td></tr></table>",
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                    {
                        "row_index": 0,
                        "location": [
                            309.84,
                            639.92,
                            332.88,
                            735.6
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                        "cells": [
                            {
                                "location": [
                                    309.84,
                                    639.92,
                                    332.88,
                                    735.6
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                                "text": "Total Sponsorship Amount",
                                "html_text": "Total Sponsorship Amount",
                                "links": [],
                                "cell_header_index": 0,
                                "rowspan": 1,
                                "colspan": 3,
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                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/2"
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                        ],
                        "ref": "#/tables/2"
                    },
                    {
                        "row_index": 1,
                        "location": [
                            309.84,
                            544.24,
                            332.88,
                            639.92
                        ],
                        "cells": [
                            {
                                "location": [
                                    309.84,
                                    544.24,
                                    317.52,
                                    639.92
                                ],
                                "text": "Total Sponsors",
                                "html_text": "Total Sponsors",
                                "links": [],
                                "cell_header_index": 0,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": true,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/2"
                            },
                            {
                                "location": [
                                    317.52,
                                    544.24,
                                    325.2,
                                    639.92
                                ],
                                "text": "July 1, 2011 - December 31, 2011",
                                "html_text": "July 1, 2011 - December 31, 2011",
                                "links": [],
                                "cell_header_index": 1,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": true,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/2"
                            },
                            {
                                "location": [
                                    325.2,
                                    544.24,
                                    332.88,
                                    639.92
                                ],
                                "text": "Percentage of Alumni Giving",
                                "html_text": "Percentage of Alumni Giving",
                                "links": [],
                                "cell_header_index": 2,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": true,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/2"
                            }
                        ],
                        "ref": "#/tables/2"
                    },
                    {
                        "row_index": 2,
                        "location": [
                            309.84,
                            448.56,
                            332.88,
                            544.24
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                        "cells": [
                            {
                                "location": [
                                    309.84,
                                    448.56,
                                    317.52,
                                    544.24
                                ],
                                "text": "N/A",
                                "html_text": "N/A",
                                "links": [],
                                "cell_header_index": 0,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/2"
                            },
                            {
                                "location": [
                                    317.52,
                                    448.56,
                                    325.2,
                                    544.24
                                ],
                                "text": "N/A",
                                "html_text": "N/A",
                                "links": [],
                                "cell_header_index": 1,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/2"
                            },
                            {
                                "location": [
                                    325.2,
                                    448.56,
                                    332.88,
                                    544.24
                                ],
                                "text": "0.727%",
                                "html_text": "0.727%",
                                "links": [],
                                "cell_header_index": 2,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/2"
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                        ],
                        "ref": "#/tables/2"
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                ],
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                "n_cols": 3,
                "ref": "#/tables/2",
                "reading_order": 7
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            {
                "page": 11,
                "type": "TEXT",
                "location": {
                    "l": 236.64,
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                    "r": 244.56,
                    "b": 546
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                "text": "CAPITAL CAMPAIGN GIVING",
                "reading_order": 8
            },
            {
                "page": 11,
                "type": "TITLE",
                "location": {
                    "l": 338.64,
                    "t": 734.88,
                    "r": 346.8,
                    "b": 688.8
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                "text": "Sponsorships",
                "reading_order": 9,
                "level": 3
            },
            {
                "page": 11,
                "type": "TABLE",
                "location": {
                    "l": 353.04,
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                    "r": 394.32,
                    "b": 448.32
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                "text": "<table><tr><td></td><td>Total Dollars Raised</td><td>Total Dollars Raised</td></tr><tr><td>Donor Designation</td><td>July 1, 2010 - March 31, 2011</td><td>July 1, 2011 - March 31, 2012</td></tr><tr><td>Unrestricted</td><td>$13,153.82</td><td>$36,731.05</td></tr><tr><td>Scholarships</td><td>$202,430.26</td><td>$256,403.93</td></tr><tr><td>Other</td><td>$56,271.68</td><td>$192,952.19</td></tr><tr><td>Total:</td><td>$271,855.76</td><td>$486,087.17</td></tr></table>",
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                        "row_index": 0,
                        "location": [
                            353.04,
                            687.72,
                            394.32,
                            735.6
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                        "cells": [
                            {
                                "location": [
                                    353.04,
                                    687.72,
                                    366.8,
                                    735.6
                                ],
                                "text": "",
                                "html_text": "",
                                "links": [],
                                "cell_header_index": 0,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/1"
                            },
                            {
                                "location": [
                                    366.8,
                                    687.72,
                                    380.56,
                                    735.6
                                ],
                                "text": "Total Dollars Raised",
                                "html_text": "Total Dollars Raised",
                                "links": [],
                                "cell_header_index": 1,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": true,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/1"
                            },
                            {
                                "location": [
                                    380.56,
                                    687.72,
                                    394.32,
                                    735.6
                                ],
                                "text": "Total Dollars Raised",
                                "html_text": "Total Dollars Raised",
                                "links": [],
                                "cell_header_index": 2,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": true,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/1"
                            }
                        ],
                        "ref": "#/tables/1"
                    },
                    {
                        "row_index": 1,
                        "location": [
                            353.04,
                            639.84,
                            394.32,
                            687.72
                        ],
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                            {
                                "location": [
                                    353.04,
                                    639.84,
                                    366.8,
                                    687.72
                                ],
                                "text": "Donor Designation",
                                "html_text": "Donor Designation",
                                "links": [],
                                "cell_header_index": 0,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": true,
                                "placeholder": false,
                                "ref": "#/tables/1"
                            },
                            {
                                "location": [
                                    366.8,
                                    639.84,
                                    380.56,
                                    687.72
                                ],
                                "text": "July 1, 2010 - March 31, 2011",
                                "html_text": "July 1, 2010 - March 31, 2011",
                                "links": [],
                                "cell_header_index": 1,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/1"
                            },
                            {
                                "location": [
                                    380.56,
                                    639.84,
                                    394.32,
                                    687.72
                                ],
                                "text": "July 1, 2011 - March 31, 2012",
                                "html_text": "July 1, 2011 - March 31, 2012",
                                "links": [],
                                "cell_header_index": 2,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/1"
                            }
                        ],
                        "ref": "#/tables/1"
                    },
                    {
                        "row_index": 2,
                        "location": [
                            353.04,
                            591.96,
                            394.32,
                            639.84
                        ],
                        "cells": [
                            {
                                "location": [
                                    353.04,
                                    591.96,
                                    366.8,
                                    639.84
                                ],
                                "text": "Unrestricted",
                                "html_text": "Unrestricted",
                                "links": [],
                                "cell_header_index": 0,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": true,
                                "placeholder": false,
                                "ref": "#/tables/1"
                            },
                            {
                                "location": [
                                    366.8,
                                    591.96,
                                    380.56,
                                    639.84
                                ],
                                "text": "$13,153.82",
                                "html_text": "$13,153.82",
                                "links": [],
                                "cell_header_index": 1,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/1"
                            },
                            {
                                "location": [
                                    380.56,
                                    591.96,
                                    394.32,
                                    639.84
                                ],
                                "text": "$36,731.05",
                                "html_text": "$36,731.05",
                                "links": [],
                                "cell_header_index": 2,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/1"
                            }
                        ],
                        "ref": "#/tables/1"
                    },
                    {
                        "row_index": 3,
                        "location": [
                            353.04,
                            544.08,
                            394.32,
                            591.96
                        ],
                        "cells": [
                            {
                                "location": [
                                    353.04,
                                    544.08,
                                    366.8,
                                    591.96
                                ],
                                "text": "Scholarships",
                                "html_text": "Scholarships",
                                "links": [],
                                "cell_header_index": 0,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": true,
                                "placeholder": false,
                                "ref": "#/tables/1"
                            },
                            {
                                "location": [
                                    366.8,
                                    544.08,
                                    380.56,
                                    591.96
                                ],
                                "text": "$202,430.26",
                                "html_text": "$202,430.26",
                                "links": [],
                                "cell_header_index": 1,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/1"
                            },
                            {
                                "location": [
                                    380.56,
                                    544.08,
                                    394.32,
                                    591.96
                                ],
                                "text": "$256,403.93",
                                "html_text": "$256,403.93",
                                "links": [],
                                "cell_header_index": 2,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/1"
                            }
                        ],
                        "ref": "#/tables/1"
                    },
                    {
                        "row_index": 4,
                        "location": [
                            353.04,
                            496.2,
                            394.32,
                            544.08
                        ],
                        "cells": [
                            {
                                "location": [
                                    353.04,
                                    496.2,
                                    366.8,
                                    544.08
                                ],
                                "text": "Other",
                                "html_text": "Other",
                                "links": [],
                                "cell_header_index": 0,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": true,
                                "placeholder": false,
                                "ref": "#/tables/1"
                            },
                            {
                                "location": [
                                    366.8,
                                    496.2,
                                    380.56,
                                    544.08
                                ],
                                "text": "$56,271.68",
                                "html_text": "$56,271.68",
                                "links": [],
                                "cell_header_index": 1,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/1"
                            },
                            {
                                "location": [
                                    380.56,
                                    496.2,
                                    394.32,
                                    544.08
                                ],
                                "text": "$192,952.19",
                                "html_text": "$192,952.19",
                                "links": [],
                                "cell_header_index": 2,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/1"
                            }
                        ],
                        "ref": "#/tables/1"
                    },
                    {
                        "row_index": 5,
                        "location": [
                            353.04,
                            448.32,
                            394.32,
                            496.2
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                        "cells": [
                            {
                                "location": [
                                    353.04,
                                    448.32,
                                    366.8,
                                    496.2
                                ],
                                "text": "Total:",
                                "html_text": "Total:",
                                "links": [],
                                "cell_header_index": 0,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": true,
                                "placeholder": false,
                                "ref": "#/tables/1"
                            },
                            {
                                "location": [
                                    366.8,
                                    448.32,
                                    380.56,
                                    496.2
                                ],
                                "text": "$271,855.76",
                                "html_text": "$271,855.76",
                                "links": [],
                                "cell_header_index": 1,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/1"
                            },
                            {
                                "location": [
                                    380.56,
                                    448.32,
                                    394.32,
                                    496.2
                                ],
                                "text": "$486,087.17",
                                "html_text": "$486,087.17",
                                "links": [],
                                "cell_header_index": 2,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/1"
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                        "ref": "#/tables/1"
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                ],
                "n_rows": 6,
                "n_cols": 3,
                "ref": "#/tables/1",
                "reading_order": 10
            },
            {
                "page": 11,
                "type": "TEXT",
                "location": {
                    "l": 399.84,
                    "t": 734.4,
                    "r": 408,
                    "b": 638.16
                },
                "text": "Donor Designation Breakdown",
                "reading_order": 11
            },
            {
                "page": 11,
                "type": "FIGURE",
                "location": {
                    "l": 126.24,
                    "t": 411.12,
                    "r": 396.72,
                    "b": 111.12
                },
                "text": "",
                "reading_order": 12
            },
            {
                "page": 11,
                "type": "TEXT",
                "location": {
                    "l": 124.8,
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                    "r": 136.56,
                    "b": 120.48
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                "text": "Other\nIndividuals",
                "reading_order": 13
            },
            {
                "page": 11,
                "type": "TABLE",
                "location": {
                    "l": 414.24,
                    "t": 735.36,
                    "r": 476.16,
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                                "text": "$8,250.00",
                                "html_text": "$8,250.00",
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                                "rowspan": 1,
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                                "location": [
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                                "text": "16",
                                "html_text": "16",
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                                "rowspan": 1,
                                "colspan": 1,
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                                "html_text": "Employees",
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                                "text": "$10,656.82",
                                "html_text": "$10,656.82",
                                "links": [],
                                "cell_header_index": 1,
                                "rowspan": 1,
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                                "column_header": false,
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                                    521.8133
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                                "text": "$80,532.73",
                                "html_text": "$80,532.73",
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                                "cell_header_index": 2,
                                "rowspan": 1,
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                                "column_header": false,
                                "row_header": false,
                                "placeholder": false,
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                                "location": [
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                                "text": "62",
                                "html_text": "62",
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                                "cell_header_index": 3,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
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                                "text": "27",
                                "html_text": "27",
                                "links": [],
                                "cell_header_index": 4,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
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                                "text": "$38,516.00",
                                "html_text": "$38,516.00",
                                "links": [],
                                "cell_header_index": 1,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
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                            {
                                "location": [
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                                    415.04,
                                    451.392,
                                    468.4267
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                                "text": "$75,585.00",
                                "html_text": "$75,585.00",
                                "links": [],
                                "cell_header_index": 2,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
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                            {
                                "location": [
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                                    415.04,
                                    463.776,
                                    468.4267
                                ],
                                "text": "21",
                                "html_text": "21",
                                "links": [],
                                "cell_header_index": 3,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/0"
                            },
                            {
                                "location": [
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                                    415.04,
                                    476.16,
                                    468.4267
                                ],
                                "text": "33",
                                "html_text": "33",
                                "links": [],
                                "cell_header_index": 4,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/0"
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                        "row_index": 6,
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                                "text": "Organizations",
                                "html_text": "Organizations",
                                "links": [],
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                                "rowspan": 1,
                                "colspan": 1,
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                                "location": [
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                                    439.008,
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                                ],
                                "text": "$142,328.94",
                                "html_text": "$142,328.94",
                                "links": [],
                                "cell_header_index": 1,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
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                                "location": [
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                                    451.392,
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                                ],
                                "text": "$78,833.06",
                                "html_text": "$78,833.06",
                                "links": [],
                                "cell_header_index": 2,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
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                            {
                                "location": [
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                                    361.6533,
                                    463.776,
                                    415.04
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                                "text": "126",
                                "html_text": "126",
                                "links": [],
                                "cell_header_index": 3,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
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                            {
                                "location": [
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                                    361.6533,
                                    476.16,
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                                ],
                                "text": "70",
                                "html_text": "70",
                                "links": [],
                                "cell_header_index": 4,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
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                                "text": "Other Individuals",
                                "html_text": "Other Individuals",
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                                "cell_header_index": 0,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": true,
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                                "ref": "#/tables/0"
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                            {
                                "location": [
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                                    308.2667,
                                    439.008,
                                    361.6533
                                ],
                                "text": "$8,329.00",
                                "html_text": "$8,329.00",
                                "links": [],
                                "cell_header_index": 1,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/0"
                            },
                            {
                                "location": [
                                    439.008,
                                    308.2667,
                                    451.392,
                                    361.6533
                                ],
                                "text": "$141,747.93",
                                "html_text": "$141,747.93",
                                "links": [],
                                "cell_header_index": 2,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/0"
                            },
                            {
                                "location": [
                                    451.392,
                                    308.2667,
                                    463.776,
                                    361.6533
                                ],
                                "text": "64",
                                "html_text": "64",
                                "links": [],
                                "cell_header_index": 3,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
                                "row_header": false,
                                "placeholder": false,
                                "ref": "#/tables/0"
                            },
                            {
                                "location": [
                                    463.776,
                                    308.2667,
                                    476.16,
                                    361.6533
                                ],
                                "text": "94",
                                "html_text": "94",
                                "links": [],
                                "cell_header_index": 4,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
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                        "cells": [
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                                "location": [
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                                    254.88,
                                    426.624,
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                                "text": "Total:",
                                "html_text": "Total:",
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                                "cell_header_index": 0,
                                "rowspan": 1,
                                "colspan": 1,
                                "column_header": false,
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                                "location": [
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                                    254.88,
                                    439.008,
                                    308.2667
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                                "text": "$271,855.76",
                                "html_text": "$271,855.76",
                                "links": [],
                                "cell_header_index": 1,
                                "rowspan": 1,
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                                "text": "$20,000 GSC Maintenance Service",
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                                "text": "Mills Lane Farm - Center for Sustainable Farms & Families",
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                                "text": "Complete",
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                                "text": "ADA Access for Hillcrest",
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                                "text": "Funding hold",
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                                "text": "Tile Bathrooms at Stadium",
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                                "text": "Alumni Stadium Office Roof Replacement 2012 $306,000",
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                "text": "Endowment Investment Policy\nKentucky State University",
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                "text": "This Statement of Investment Policy is issued by the Board of Regents of Kentucky State University in conjunction with the endowment holdings of Kentucky State University. Pursuant to KRS 164A.560, the Board of Regents of Kentucky State University elects to receive, deposit, collect, retain, invest, disburse and account for funds received as contributions to the endowment and shall manage the gifts and donations in accordance with KRS 164A.550 to KRS 164A.630.",
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                "text": "Kentucky State University is one of eight public higher education institutions in the Commonwealth of Kentucky and is governed by appropriate Kentucky revised Statutes and by the Board of Regents. The Board consists of 11 Regents, eight of whom are appointed by the Governor of the Commonwealth. One Regent each is elected by the University faculty, staff and students.",
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                "text": "The Kentucky State University President, by virtue of his/her office, has the responsibility for the management of the University's endowment holdings and to report to the Board of Regents at each quarterly Board meeting on the status of these holdings.",
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                "text": "The Board of Regents of Kentucky State University recognizes its fiduciary duty not only to invest the University's endowment holdings in formal compliance with the \"Prudent Man Rule,\" but also manage those funds in continued recognition of the basic long-term nature of the University. The Board of Regents interprets this to mean, in addition to the specific guidelines and restrictions set forth in this document, that the assets of the University shall be actively managed, that is, investment decisions regarding the particular securities to be purchased or sold shall be the result of the conscious exercise of discretion. Further, the Board of Regents recognizes that, commensurate with its overall objective of maximizing long-range return while maintaining a high standard of portfolio quality and consistency of return, it is necessary that proper diversification of assets be maintained both among and within the classes of securities held. Within this context of active management and the necessity of adherence to proper diversification, the Board of Regents relies upon appropriate professional advice.",
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                "text": "Kentucky State University\nEndowment Spending Policy\nAmended as Approved by the Board of Regents\nJanuary 27, 2012",
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                "text": "260",
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                "text": "The Board of Regents realizes that prudent investment management is a duty. In fulfillment of this duty, the Board of Regents recognizes that long-term objectives are most important, but it is also necessary that shorter term benchmarks be used to assess the periodic performance of the investment program. The University anticipates annual spending of five percent (5%) of the average market value for the past three years, the amount of which shall be determined in January of each year and is fully described in its Endowment Spending Policy, which is fully incorporated by reference herein. Under no circumstances shall the amount allocated to endowed professorships be less than the amount allocated in the prior year.",
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                "text": "The University President will allocate the assets within the classes of investments that he/she considers to be appropriate. The Board of Regents believes that it is prudent to diversify endowment investments so as to minimize the risks of large losses and has established the following asset allocation ranges based upon the University's participation demographics, anticipated cash flow requirements and the expected returns of the capital markets. The ranges are guidelines that may be interpreted as a general statement of the Board of Regents' position regarding investment risk.",
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                "text": "<table><tr><td>Asset Class</td><td>Allowable Range*</td></tr><tr><td>A. Equity Investments</td><td>35 - 55%</td></tr><tr><td>B. Fixed Income Investments</td><td>25 - 45%</td></tr><tr><td>C. Cash Equivalents</td><td>0 - 25%</td></tr><tr><td>D. Alternatives</td><td>0 - 20%</td></tr><tr><td>E. Real Estate</td><td>0 - 10%</td></tr></table>",
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                "text": "As a general policy, the Board, in keeping with its responsibility as Trustee and wherever consistent with its fiduciary responsibility, encourages the investment of the University's endowment assets in the securities of corporations that provide a positive contribution to the economy of the Commonwealth of Kentucky. However, where any security is not a prohibited investment under Kentucky state statute and where a security is on the approved buy list, discretion will be granted to the appointed investment",
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                "text": "managers in the selection of such securities and timing of transactions consistent with the following guidelines and restrictions:",
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                "text": "The benchmark for Equity Investments shall be MSCI World Index.",
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                "text": "Investments may be made in common stock, securities convertible into common stock and in convertible preferred stock of publicly traded corporations. With the approval of the University President, options may be written against equity positions in the University's endowment holding account.",
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                    "l": 180.24,
                    "t": 307.2,
                    "r": 501.36,
                    "b": 242.88
                },
                "text": "Government and Agency Bonds. Investment may be made in any U.S. Government issued debt instrument with an initial maturity of over one year and in any debt instrument issued by agencies of the U.S. Government with an initial maturity of over one year and which are guaranteed by the U.S. Government.",
                "reading_order": 8
            },
            {
                "page": 28,
                "type": "TITLE",
                "location": {
                    "l": 165.12,
                    "t": 219.6,
                    "r": 310.56,
                    "b": 206.16
                },
                "text": "C.  Cash Equivalent Securities",
                "reading_order": 9,
                "level": 4
            },
            {
                "page": 28,
                "type": "TEXT",
                "location": {
                    "l": 180.72,
                    "t": 193.92,
                    "r": 509.52,
                    "b": 115.92
                },
                "text": "Selection of particular short-term instruments, whether viewed as liquidity reserves or as alternative investment vehicles, should be determined primarily by the safety and liquidity of the investment and only secondarily by the available yield. The following short-term investment vehicles, with the exception of commercial paper, which requires specific purchase approval by the University President, are considered acceptable:",
                "reading_order": 10
            },
            {
                "page": 28,
                "type": "TEXT",
                "location": {
                    "l": 115.44,
                    "t": 108.24,
                    "r": 257.76,
                    "b": 72.72
                },
                "text": "Kentucky State University\nEndowment Spending Policy\nAmended as Approved by the Board of Regents\nJanuary 27, 2012",
                "reading_order": 11
            }
        ]
    },
    {
        "page": 29,
        "items": [
            {
                "page": 29,
                "type": "TEXT",
                "location": {
                    "l": 180.72,
                    "t": 686.4,
                    "r": 509.76,
                    "b": 659.76
                },
                "text": "Repurchase Agreements – Repurchase agreements that are collateralized by the United States Government issues.",
                "reading_order": 0
            },
            {
                "page": 29,
                "type": "TEXT",
                "location": {
                    "l": 181.2,
                    "t": 648.96,
                    "r": 510.72,
                    "b": 622.56
                },
                "text": "U.S. Government Issues – All obligations of the U.S. Government and its agencies.",
                "reading_order": 1
            },
            {
                "page": 29,
                "type": "TEXT",
                "location": {
                    "l": 180.96,
                    "t": 611.04,
                    "r": 505.44,
                    "b": 546.48
                },
                "text": "Certificates of Deposit – Banks domiciled in the Commonwealth of Kentucky. If the dollar amount of certificates of deposit and/or cash equivalent securities exceed the FDIC insurance limit, the bank must pledge securities in an amount equal to that amount not covered by FDIC insurance.",
                "reading_order": 2
            },
            {
                "page": 29,
                "type": "TITLE",
                "location": {
                    "l": 164.64,
                    "t": 535.44,
                    "r": 242.16,
                    "b": 521.76
                },
                "text": "D.  Alternatives",
                "reading_order": 3,
                "level": 4
            },
            {
                "page": 29,
                "type": "TEXT",
                "location": {
                    "l": 180.72,
                    "t": 509.76,
                    "r": 510.72,
                    "b": 495.12
                },
                "text": "Alternatives will be fully liquid through the use of mutual funds and ETFs.",
                "reading_order": 4
            },
            {
                "page": 29,
                "type": "TEXT",
                "location": {
                    "l": 180.48,
                    "t": 484.32,
                    "r": 501.84,
                    "b": 445.2
                },
                "text": "Alternatives will include Precious Metals, Commodities, Currencies and Non-Directional Strategies (low correlation to traditional stock and bond portfolios).",
                "reading_order": 5
            },
            {
                "page": 29,
                "type": "TITLE",
                "location": {
                    "l": 164.4,
                    "t": 434.88,
                    "r": 240.96,
                    "b": 420.72
                },
                "text": "E.  Real Estate",
                "reading_order": 6,
                "level": 4
            },
            {
                "page": 29,
                "type": "TEXT",
                "location": {
                    "l": 180.48,
                    "t": 409.2,
                    "r": 500.4,
                    "b": 369.6
                },
                "text": "Real Estate Investment Trusts (REITs) will be invested in a liquid, high-quality diversified portfolio of Real Estate Investment Trust companies. No raw land will be purchased for portfolio.",
                "reading_order": 7
            },
            {
                "page": 29,
                "type": "TITLE",
                "location": {
                    "l": 131.76,
                    "t": 346.8,
                    "r": 295.2,
                    "b": 332.16
                },
                "text": "VI. Standards of Measurement",
                "reading_order": 8,
                "level": 4
            },
            {
                "page": 29,
                "type": "TEXT",
                "location": {
                    "l": 164.4,
                    "t": 320.4,
                    "r": 508.8,
                    "b": 268.32
                },
                "text": "The following represent the standards of measurement to be used as guidelines for the various classes of investments of Kentucky State University endowment holdings. They are to be computed and expressed quarterly on a time-weighted total return basis:",
                "reading_order": 9
            },
            {
                "page": 29,
                "type": "TEXT",
                "location": {
                    "l": 164.64,
                    "t": 257.28,
                    "r": 457.92,
                    "b": 243.6
                },
                "text": "Equity Investments – Exceed the return on the MSCI World Index",
                "reading_order": 10
            },
            {
                "page": 29,
                "type": "TEXT",
                "location": {
                    "l": 163.92,
                    "t": 232.32,
                    "r": 485.76,
                    "b": 205.44
                },
                "text": "Fixed Income (Corporate, Government and Agency Funds) – Exceed the return on the Barclays Aggregate Index",
                "reading_order": 11
            },
            {
                "page": 29,
                "type": "TEXT",
                "location": {
                    "l": 164.64,
                    "t": 194.4,
                    "r": 428.88,
                    "b": 179.76
                },
                "text": "Cash Equivalents – Exceed the rate on 90-day treasury bills",
                "reading_order": 12
            },
            {
                "page": 29,
                "type": "TITLE",
                "location": {
                    "l": 131.28,
                    "t": 131.52,
                    "r": 380.88,
                    "b": 116.88
                },
                "text": "VII. Investments Performance Review Procedures",
                "reading_order": 13,
                "level": 4
            },
            {
                "page": 29,
                "type": "TEXT",
                "location": {
                    "l": 114.48,
                    "t": 108.24,
                    "r": 258,
                    "b": 71.76
                },
                "text": "Kentucky State University\nEndowment Spending Policy\nAmended as Approved by the Board of Regents\nJanuary 27, 2012",
                "reading_order": 14
            }
        ]
    },
    {
        "page": 30,
        "items": [
            {
                "page": 30,
                "type": "TEXT",
                "location": {
                    "l": 164.16,
                    "t": 686.4,
                    "r": 511.92,
                    "b": 646.56
                },
                "text": "On a timely basis, but not less frequently than quarterly, the Board of Regents will review the performance of the University's endowment holdings portfolio for determination of compliance with this Statement of Investment Policy.",
                "reading_order": 0
            },
            {
                "page": 30,
                "type": "TITLE",
                "location": {
                    "l": 132.24,
                    "t": 637.2,
                    "r": 204,
                    "b": 622.56
                },
                "text": "VIII.  Review",
                "reading_order": 1,
                "level": 4
            },
            {
                "page": 30,
                "type": "TEXT",
                "location": {
                    "l": 164.4,
                    "t": 610.8,
                    "r": 511.92,
                    "b": 583.92
                },
                "text": "The Board of Regents will annually review the University's Investment Policy to make any adjustments that may be necessary.",
                "reading_order": 2
            },
            {
                "page": 30,
                "type": "TEXT",
                "location": {
                    "l": 116.88,
                    "t": 107.28,
                    "r": 258.48,
                    "b": 71.76
                },
                "text": "Kentucky State University\nEndowment Spending Policy\nAmended as Approved by the Board of Regents\nJanuary 27, 2012",
                "reading_order": 3
            }
        ]
    }
]