November 10, 2015

Dear Campus Community,

The Trustees were on campus this past weekend for their regular November meeting. They began their meeting by attending the Keller Venture Grants Forum, celebrating the program's 10th anniversary with very exciting news from Trustee Jeff Keller and the Keller family, who have supported our Venture Grant program for the past decade. The Keller Family has made a $4 million gift to endow and expand the program.

On Friday, the Board attended the dedication of the theater in Armstrong Hall, unveiling the new signage which identifies that the space as the Kathryn Mohrman Theatre. Current and retired faculty and staff joined the Board in honoring Colorado College's 11th president.

The Board heard an update from Patrick Bultema and Emily Chan on progress being made as part of the college's innovation initiative.

The board approved several items during its Saturday business meeting:

• The Board voted to accept changes to the college's Title IX Policy, allowing for external investigators to be used in special circumstances.
• The Board approved a change to the Naming Policy that outlines a process for gathering community input.
• The Board approved criteria for Life Trustees.

In addition to the Business Meeting, the board's Standing Committees and Strategic Project Teams met.

Standing Committees

• Buildings, Grounds, & Infrastructure - Trustees discussed the East Campus Housing project and were also introduced to Maggie Santos, director of campus safety and emergency management.
• Investment - The Trustees heard from a group of student presenters on the topic of sustainable investing and also received updates on the asset allocation model and the quarterly market review from Monticello Associates.
• Governance - The committee reviewed the slate of trustee nominees and recommended criteria for Life Trustees.
• Budget & Finance - Trustees received year-end financial updates and a notification of expenditure against the quasi endowment. They also received an update from the Audit Committee, a subcommittee of Budget & Finance. There were no significant findings in the annual audit.

Strategic Project Teams (SPT's)

• Campaign Planning - Trustees reviewed the campaign's progress to date. They also viewed the newly developed campaign messaging materials and discussed volunteer engagement.
• Library Planning - Trustees discussed the results of the design development phase with library architects Pfeiffer Partners, which helps prepare the way for a May 2016 ground-breaking should fundraising goals for the project be met.
• Communications Master Plan - Trustees discussed and viewed a presentation by Studio/lab about the Communications Master Plan that included viewing the proposed logo.

Overall, it was a great meeting. The next trustee meeting will be in February 2016. Please let me know if you have any questions.

Best regards,

Jill