October 27th & 30th, 2011

The Executive Council met in Indianapolis, IN, on October 27th and 30th, 2011.

The Council enthusiastically voted two TBP Superior Service Awards to retiring advisors of the collegiate chapters. The Council voted a TBP Resolution of Appreciation to Dr. Amy L. Kaleita, PA B '97, AlumNet Coordinator during 2003-11.

R.L. Werneth, D.A. Stirm, and M.T. Pittard were appointed to the Alumnus Recognition Selection Committee. The Council appointed Wesley Repke, MI D '09, as District 7 Director to a term ending June 30, 2014.

Councillor Norman Pih reported on the meeting of the Engineering Futures Planning Committee in Knoxville, TN, on September 21. The Council agreed to hold a meeting for all EF Facilitators in Orlando, FL, on June 9, 2012.

The Council approved MindSET Project Grants to the Florida Alpha Chapter for $500, the New York Gamma Chapter for $100, and to the Tennessee Alpha Chapter for $200.

Executive Director Froula reviewed the final program and logistical details of the 2011 Convention being held in Indianapolis, IN, on October 27-29.

The Council approved the inspection reports of the visits to the petitioning groups at Penn State Erie and the College of New Jersey; both petitions for new collegiate chapters will be presented to the 2012 Convention.

The Council approved Resolutions to modify authorized signatories for TBP bank accounts; to permit Executive Director C.D. Gomulinski to access the TBP safe deposit box and to authorize trust transfers for cash-flow purposes, bequests, and capital gift annuities; and to provide contingent access to the safe deposit box.

Mr. Froula reported on the status of the 2011 alumnus Giving Program, the AGP Multi-State Registration Project, ED/STE Schedule of Responsibilities, and updates to the TBP Trust Investment Reference Document. The Council reviewed the quarterly trust report.

The auditor's report was accepted and the management letter was reviewed with respect to segregation of duties and the size of the Headquarters staff. The Council agreed to seek two bids for audits for 2012-14 and to conduct a risk assessment to be completed by December 2012.

The Council accepted changes to the TBP health plan for 2011-12 and requested that Executive Director C.D. Gomulinski provide a long-term strategic goal for the plan.

The Council requested that Mr. Gomulinski provide information on the retirement plan, trust fund earnings and trust administration costs, and recommendations regarding possible changes to the Constitution and Bylaws. The Council heard and reviewed a benefit proposal regarding accident and universal life insurance for members.