Section 5. Responsibilities

Trustees shall:

1. Participate actively in Board meetings and committees.
2. Serve as ambassadors for the Foundation and Kentucky State University.
3. Contribute to the Foundation's fundraising efforts, including personal financial contributions.
4. Provide oversight of financial management and compliance with legal and ethical standards.

Section 6. Meetings

• Regular Meetings: The Board shall meet at least quarterly.
• Annual Meeting: An annual meeting shall be held to review the Foundation's performance, approve the budget, and elect officers.
• Special Meetings: May be called by the Chair or a majority of the Board with 7 days' notice.
• Emergency Meetings: May be called by the Chair or CEO with 24 hours' notice with a written agenda and action or information items included on the notice.

Section 7. Quorum and Voting

A majority of the trustees shall constitute a quorum. Decisions shall be made by a majority vote of trustees present at a meeting where a quorum exists.

Section 8. Removal and Vacancies

• Removal: A trustee may be removed for cause by a two-thirds/majority vote of the Board and confirmed by the Board of Regents at their next meeting. A trustee may not participate in Foundation activities during this time.
• Vacancies: Vacancies shall be filled by a majority vote of the Board of Regents for the unexpired term.

ARTICLE IV: OFFICERS

Section 1. Officers

The officers of the Foundation shall be:

1. Chair
2. Vice Chair
3. Secretary
4. Treasurer

Section 2. Election and Terms

Officers shall be elected by the Board at the annual meeting and serve 1-year terms.

Section 3. Responsibilities

• Chair: Presides over meetings, appoints committee chairs, and represents the Foundation.
• Vice Chair: Assists the Chair and acts in their absence or request.
• Secretary: Maintains meeting minutes and official records.
• Treasurer: Oversees financial reporting, audits, and compliance.

Section 4. Vacancies