NAGDCA/Arthur N. Caple Foundation®
ANC Foundation Board Meeting
June 16, 2009 1:00pm EDT
Alex Turner, President
Gay Lynn Bath, Secretary/Treasurer
Julia Durand, Member-at-Large
Janet Kendall, Industry President
Tom Mueller, Member-at-Large
Ed Lilly, Vice-President
Betty Meredith, InFRE Representative
Tim Rouse, Industry Observer
Mindy Harris, Past President
Tracy Tucker, Association Director
Kari Emmons, Project Coordinator
Cathie Eitelberg, Industry Representative
I. Turner called the meeting to order at 1:05 p.m. EDT.
II. Consent Agenda – Lilly made a motion to approve the consent agenda as presented.
Harris seconded the motion. The motion passed.
III. Fundraising Committee Update – Kendall reported that the fundraising committee will
begin to make phone calls to industry members to solicit for financial contributions and
gifts for the silent auction. Global Index Advisors contributed $1,000 which will be used
to purchase items for the silent auction, and the State of Texas is donating a gift basket.
The goal is for the silent auction to be successful and grow each year.
IV. Old Business – Scholarship Update – Tucker reported that all of the scholarship
applicants have been contacted and most of the winners have registered for the conference
except the overall winner, Meghan Shepard. Tucker has been in contact with her and she
is planning to attend. Tucker reported that she hasn’t heard back from Kristin Smith from
the University of Georgia, but she will continue to attempt to contact her. Texas Tech
University is sending 20 students to the conference this year. Headquarters is working to
get mentors set up for the students. The Board agreed that submitting rankings instead of
scores was a good process for picking the scholarship winners. Headquarters will make
note of the process used.
V. New Business - Tucker reported that AMR is working internally to prepare the 2010
work plan and budget. As requested during the Board meeting in March, Tucker asked
that the Executive Board send any suggestions for the work plan and budget to her as soon
as possible because the draft is in the advanced stages. Tucker will be meeting with Scott
Dick and John Ruffin and will be having a call with Bath and the officers to review the
budget. The budget and work plan will be presented to the Board during the July Board
Meredith stated that in an effort to reach out to students NAGDCA may want to consider
using Facebook and Twitter. A financial planning student could possibly help maintain
and set up the Facebook site. Another idea is to post the next student presentation to
YouTube. Tucker reported that the Financial Planning Association (FPA) allows
universities to have booths at their conference which allows people to talk to students and
program directors. John Salter at Texas Tech University suggested NAGDCA have
booths at its annual conference. There was concern that professors may not have time or
money to travel and staff a booth at the conference. The Board agreed that the idea of
NAGDCA having a Facebook page should be taken to the membership committee for
Meredith stated that a way to help students understand the career path for the financial
planning profession would be to create job profiles. These can be a one- page job
description of the primary jobs in the field. Salter can help drive the efforts because he is
working on a career guide as a part of a project he is working on. This can be completed
over the summer and be ready for the annual conference. Meredith will reach out to Salter
to see if he is willing to start the career guide initiatives with NAGDCA. Salter has a
survey that he has put together to help collect the data. A group of NAGDCA members
will need to be organized to represent different parts of the industry. The Board agreed to
move forward with the idea. Meredith will report back to the Board with a response from
Salter and a possible timeline.
VI. Adjournment – Turner adjourned the meeting at 1:34 p.m. EDT.