Board of Trustees Update to Community September 22, 2014 Session - PowerPoint PPT Presentation

Board of Trustees Update to Community September 22, 2014

Session Overview • Who are the CSB Trustees? • When do they meet? • Why do they serve? • What did they discuss yesterday?

Who are the CSB Trustees? http://www.csbsju.edu/about/college-of-saint-benedict/csb-board-of-trustees

Board of Trustees Meetings, 2014-2015 FALL MEETING Sunday, September 21, 2014 - Monday, September 22, 2014 Includes the Inauguration of Mary Dana Hinton as the 15 th President of the College of Saint Benedict WINTER MEETING Thursday, December 4, 2014 - Friday, December 5, 2014 Includes a joint meeting with the SJU Board of Trustees SPRING MEETING Thursday, February 26, 2015 - Friday, February 27, 2015 Includes a joint meeting with the SJU Board of Trustees BOARD RETREAT Monday, May 18, 2015 - Tuesday, May 19, 2015 Includes an extended educational session for Trustees and a joint meeting with the SJU Board of Trustees

Fall Board of Trustees Meeting Schedule Sunday, September 21, 2014 10:30 – 11:30 am Inauguration Mass CSB – Sacred Heart Chapel 11:30 am – 1:30 pm Inauguration Luncheon CSB – Gorecki 204 2:00 – 3:30 pm Installation Ceremony CSB – BAC, Escher Auditorium 3:30 pm Reception CSB – Mall Monday, September 22, 2014 7:30 am – 8:15 am CSB Board Breakfast CSB – Gorecki 204A 8:30 am – 11:45 am CSB Board Meeting CSB – Gorecki 204B Noon – 1:00 pm CSB Board Lunch CSB – Gorecki 204A 1:00 – 7:00 pm Board Committee Meetings CSB

Agenda – Part 1 College of Saint Benedict Board of Trustees Monday, September 22, 2014 8:30 - 11:45 am, CSB - Gorecki 204B Call to Order (Lynn Newman) Prayer (Mary Catherine Holicky, OSB) Reflection: Why I Serve (Becky Coborn) Trustee Self Introductions and Role of a Trustee (Lynn Newman) Approve minutes from May 19-10, 2014 meeting of the Board of Trustees (Lynn Newman) Committee Reports Campaign Steering Committee (Barb Melsen) • Building and Grounds Committee (Annette Hendrick) • Trusteeship Committee (Barb Melsen) •

Agenda – Part 2 New Committee Business Board Conflict of Interest Policy (Lynn Newman) BREAK Strategic Directions 2020 (Mary Hinton & Jon McGee) President’s Report and Q&A (Mary Hinton) Chair’s Report (Lynn Newman) President’s Charge and Goals (Mary Hinton) Executive Session (Lynn Newman) Adjournment

President Hinton’s Annual Goals Attain fundraising goal of $18M • Complete Vice President for Institutional Advancement search – Review and refine centennial campaign goals and strategy – Ensure the feasibility of the goal, articulate the case, and finalize the timeline of the campaign – Carefully review and refine, as needed, the IA operations to ensure alignment with best practice – Define and achieve, for 2014 ‐ 2015, Coordinate Relationship goals • In partnership with Michael Hemesath and CSB/SJU board chairs, determine priorities for coordinate – relationship and achieve goals Joint board orientation • Joint faculty/staff campaign • Plan for joint reunion in 2016 with shared event in 2015 • Develop a budget for 2015 ‐ 2016 that (1) provides for capital improvement budget and (2) enables a transfer • quasi endowment Need to determine specific financial metrics with Sue Palmer – For 2015 ‐ 2016, capital improvement budget is priority –

President Hinton’s Annual Goals (cont.) Complete development of SD2020, including a strategic plan budget and a joint strategic plan with SJU • Develop planning process and timeline for board approval (September) – Board reviews and approves strategic issues to be addressed (December) – Board reviews and approves strategic priorities and processes (February) – Board reviews and approves strategic plan and budget (May) – Community provides feedback and endorsement at concurrent points with board – August 2015 community launches strategic plan – Outline process to insure Benedictine legacy is embedded in the infrastructure of the institution • In partnership with S. Michaela and appropriate trustees, begin mission task force to look at what is – working to integrate legacy and what gaps exist

Key questions from Trustees • How are we engaging the liberal arts? • How can Trustees be more involved in the life of the institution? • How can Trustees interact more with faculty and students?

Glossary of Terms http://www.csbsju.edu/about/college-of-saint-benedict/csb-board-of-trustees