CORSICA COMMUNITY FOUNDATION MEETING

MAY 22, 2008

THE CORSICA COMMUNITY FOUNDATION MET ON MAY 22^ND AT THE CORSICA TRAVEL PLAZA. TWELVE MEMBERS WERE PRESENT.

MEETING WAS CALLED TO ORDER BY PRESIDENT ROGER BORDEWYK.

IT WAS REPORTED THAT WE CURRENTLY HAVE $698.00 IN THE CHECKING ACCOUNT. WE HAVE $50,642 IN ACTUAL CONTRIBUTIONS THAT HAVE A FAIR MARKET VALUE OF $61,000. THE FOUNDATION/BEUKELMAN TOTAL IS $81,000. THE FOUNDATION HAS SET A GOAL OF INCREASING THE $81,000 TO $100,000 BY DECEMBER 31^ST OF 2009. SHOULD WE REACH THE GOAL

WE WOULD RECEIVE $12,500 FROM THE STATE FOUNDATION TO ENHANCE OUR LOCAL FUNDS.

GARY VAN ROEKEL REPORTED THAT HE WILL RECEIVE $1000.00 DONATION THAT WILL GO TO THE PRISCILLA CLUB THROUGH THE CORSICA COMMUNITY FOUNDATION.

ROGER REMINDED THE GROUP THAT THE COMMITTEE’S FOR THE ANNUAL FUNDRAISER THAT WILL BE HELD THIS COMING NOVEMBER WILL REMAIN THE SAME AS THE COMMITTTEE’S THAT WERE SELECTED FOR THE 2007

EVENT.

MOTION BY DENNIS N. WITH A SECOND FROM DICK B. TO SET NOVEMBER 8^TH, 2008 AS THE DATE FOR OUR ANNUAL “FUNDRAISER” EVENT. ALL PRESENT WERE IN FAVOR.

A SPEAKER FOR THE “FUNDRAISER” WAS DISCUSSED. A “LIST” WAS COMPILED WITH INPUT FROM THE MEMBERS AND ROGER B. WILL MAKE CONTACTS REGARDING AVAILABILITY. A MOTION FROM DENNY/ROSE FOR THIS ACTION TO OCCUR. ALL WERE IN FAVOR.

AN AGENDA FOR THE “FUNDRAISER” WAS DISCUSSED. IT WAS AGREED THAT IT REMAIN SIMILAR TO THE 2007 EVENT. IT WAS AGREED THAT ALL MEMBERS NEED TO WORK AGGRESSIVELY TOWARD THE “SILENT AUCTION” THAT WAS DEFINITLY A HIGHLIGHT FROM THE PREVIOUS EVENT.

IT WAS SUGGESTED THAT TICKETS BE PRINTED AS SOON AS POSSIBLE TO ACCOMMODATE THE ‘EARLY” SALES.

(OVER)

APPLICATIONS FOR $1000.00 EACH WERE RECEIVED FROM THE CORSICA YOUTH ASSCOCIATION AND THE CORSICA GOLF ASSOCIATION TO HELP SUPPORT THEIR RESPECTIVE ACTIVITIES. MOTION BY SYLVIA Z./SUE D. TO APPROVE BOTH APPLICATIONS. ALL PRESENT WERE IN FAVOR.

THE NEXT MEETING WILL BE CALLED AS NEEDED (VIA E-MAIL) BY THE PRESIDENT.

MEETING ADJOURNED AT 7:50 A.M.