Alumni Association and Foundation Board Flashcards

1
Q

Naval Academy Foundation Board of Directors

A
  • 45 members
  • Inclusive of Alumni & Parents
  • 70% Private Sector, 30% Retired Flag Officers
  • BOD Class Years range from 1963 to 1994
  • Self-Nominated -> Board approval is required
  • Consists of several committees that oversee the operations of the Naval Academy Foundation (Strategic Planning Committee, Regional Development Committee, Nominating Committee, and Joint Investment Committee)
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2
Q

Naval Academy Foundation Board Giving

A
  • Giving Requirements: $2.4 Million TOTAL ($2 Million Restricted Gift, $100K Annual Restricted Gift for the duration of Board tenure)
  • Board Giving: Made up 38% of all giving during the Called to Serve, Daring to Lead Campaign
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3
Q

Naval Academy Alumni Association Board of Trustees

A
  • 31 members, oversee the operations of the Alumni Association (for example: Responsible for DGA selection)
  • Board of Trustees Appointed
  • Consists of 4 Regional Trustees, Class Trustees (Board-Appointed based on Demographics of BOT) and 9 Trustees from the Largest Chapters, 3 Trustees from At-Large Chapters
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4
Q

Athletic and Scholarship Program Trustees

A
  • 250 Members (Most Trustees are Academy grads, although they don’t need to be)
  • They oversee A&SP, provide over $3.61 Million in direct support of The Fund for Athletic Excellence (via minimum gifts/dues of $2,500)
  • Nominated by incumbent Trustees who serve as sponsors
  • Provide leadership, need-based funding, guidance, and mentoring to all Foundation Preparatory School students (16 prep schools, supporting ~50 Students Annually)
  • Since its inception (1944), A&SP has supported over 4,000 candidates en route to USNA
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