August 24, 2023

Bakersfield College Foundation
Board of Directors Meeting

Thursday, August 24, 2023 @ 3:00 PM
Bakersfield College Campus Center, West Wing, 2nd Floor, Rm. 218
1801 Panorama Drive Bakersfield, CA 93305

Present: Ariana Joven, Connie Perez Andreesen, Deanna Blaise, Derek Jeffery, Derek Yurosek, John Pitre, Ken Byrum, Lauren Skidmore, Marko Zaninovich, Michael O’Doherty, Octavio Escobedo, Paul Pavletich, Rick Kreiser, Sarabjeet Singh, Tom Ming, Steven Watkin, Calvin Yu, Norma Rojas-Mora, Billie Jo Rice, Erica Menchaca, Romeo Agbalog

Absent: Amy Thelen, Frank Wooldridge, Jeff Bell, Karen Thompson, Karen Zuber, Megan Person, Ryan Hansen

Staff: Cheryl Scott, Kylee Gregory-Gutierrez, Susan Hubbell, Alyssa Cross, Courtney Carter

Guests: Grant Herndon, Jennifer Achan

Meeting Minutes

  1. Call to Order – Derek Yurosek called the meeting to order at 3:02 p.m.
  • Roll Call – Kylee Gregory-Gutierrez took roll call and confirmed there was a quorum.

  • Public Comments Statement – The public comments statement was read by Derek Yurosek.There were no public comments received.

  • Approval of Agenda – Motion – There were no amendments to the agenda. Paul Pavletich motioned to approve the agenda. Connie Perez-Andreesen seconded. All were in favor, none opposed. The agenda for August 24, 2023, is APPROVED.

  • Approval of Meeting Minutes from May 18, 2023 – Motion – There were no amendments to the meeting minutes. Rick Kreiser motioned to approve the meeting minutes. Marko Zaninovich seconded. All were in favor, none opposed. The meeting minutes for May 18, 2023, are APPROVED.

  • Resolution Adjusting Authorized Number of Directors –Motion – Grant Hernon explained that the authorized number of members of the Foundation Board of Directors is currently 29. Since Pawan Gill stepped down from the board, the board has decided to decrease the authorized number of directors to 28 instead of filling the vacancy. Ken Byrum motioned to accept the resolution adjusting the authorized number of directors. Paul Pavletich seconded. The resolution to adjust the authorized number of directors from 29 to 28, is APPROVED.

  • Year-End Financial Review 2022-2023 – Motion –Calvin Yu presented the year-end financial review for fiscal year 2022-2023. The total revenue was $10,703,005. The total expenses were $7,355,795. The total net income from operations is $3,347,210. On the balance sheet, the total ending net assets were $59,185,594. As of 8/15/2023, the UBS portfolio was $56,032,547.18. Calvin presented to the board the revenue and expenses broken down into categories including academic support, athletics, community and alumni engagement, scholarships, fundraising, and general and administrative. Connie Perez-Andreesen motioned to approve the financial review. Rick Kreiser seconded. All were in favor, none opposed. The year-end financial review for fiscal year 2022-2023, is APPROVED.

  • RIF Project Update – “Scars You Can’t See; Breaking the Stigma” – Jacquelyn Stoner updated the board on the Renegade Innovation Fund-approved application for the community mental health seminar “Scars You Can’t See; Breaking the Stigma”. The event was open to BC and the community. It focused on highlighting front-line workers by bringing light to mental health help and resources that are available. One goal was to help students see the reality of going into these professions. Over 100 people attended the seminar.

  • Update on BC Foundation & Campus Events – Cheryl updated the committee on BC Foundation and campus events. Events and activities coming up include the Athletics Hall of Fame, Back to BC Golf Tournament, and Renegade Promenade: Alumni BBQ. There will be ribbon cuttings held for the new Renegade Pantry and Veterans Plaza that all board members are welcome to attend.

  • Interim President’s Update – President Watkin presented his report to the committee. He shared how successful the Fall 2023 Opening Day was, having over 450 faculty and staff in attendance, all celebrating 110 years of academic excellence. The BC New Student Convocation event was also successful, bringing in an estimated 1,200 incoming freshmen to the Panorama campus. President Watkin invited the board to the Veterans Plaza and Basic Needs Center Ribbon Cuttings.

  • Executive Director’s Report –Cheryl gave an update on Measure J projects. The Delano Learning Center ribbon cutting will be held on September 19th. The Arvin campus is expected to open in the Fall of 2024. The new gymnasium will open in January 2025 and the agriculture building is currently being re-bid. Cheryl shared that Alyssa Cross has accepted the new Alumni & Donor Relations Manager position and it will be effective this week. She and President Watkin been meeting with community members, donors, and potential donors. Sterling Silver nominees are currently being considered for the dinner happening on March 16, 2024. Cheryl also shared about possibly starting an ad hoc committee for planned giving.

  • Other Business / Adjournment of Meeting – The board congratulated Rick Kreiser for being awarded the 2023 John Brock Award. With no other business brought forward, the meeting was adjourned at 3:35 p.m.