California State Polytechnic University Pomona

The meeting included discussions on the FY25-26 endowment distribution, funding to initiate a new entity, and the Investment Policy Statement. Additionally, there was an investment portfolio review by Goldman Sachs representatives.

The strategic plan of the Philanthropic Foundation is centered around supporting the University's strategic initiatives by cultivating relationships and securing resources. It focuses on enhancing recognition of the Cal Poly Pomona Experience, increasing awareness of the Foundation's impact, and diversifying outreach. The plan aims to expand engagement in university life, develop a comprehensive fundraising campaign, and increase the value of the Foundation's portfolio, while managing investments with transparency and promoting the Foundation as the investment of choice.

The Black Thriving Initiative (BTI) at Cal Poly Pomona, launched in December 2022, aims to address anti-Blackness and promote inclusive excellence. It focuses on transforming the campus culture to ensure everyone can succeed and thrive. The initiative includes tracking Black student persistence, retention, and graduation rates, as well as gathering feedback on campus climate. BTI involves building capacity and consciousness through truth-telling, racial healing, awareness, education, investment, and accountability. It also leverages the institutional mission by reviewing policies through a racial and gender equity lens, engaging Black communities with divisional action plans, and establishing measures of success for cultural transformation.

The Board of Directors meeting included the introduction of new board members. Updates were provided on the Naming, Memorial, and Scholarship Gift Policy, and the President's report highlighted the safe return to campus, a significant $40 million gift from philanthropist MacKenzie Scott, and various markers of excellence. The Philanthropic Foundation Strategic Plan was updated, and committee chair reports covered development, finance and investment, nominating, and audit matters. An advancement update detailed fundraising highlights, and a campaign readiness assessment was presented. University highlights included a discussion on branding initiatives.

The meeting included discussions on the consent agenda, chair's report, president's report, and committee reports. The consent agenda covered the minutes from the May 11, 2022, Foundation Board Meeting and Gift Acceptancy Policy Changes. The chair's report focused on board assessment and engagement opportunities. The president's report highlighted commencement, newest Broncos, fall conference, state budget, and university achievements. Committee reports included updates on development, finance and investment, nominations and governance, and audit. The advancement update covered significant new gifts. University highlights featured the College of ENV, visual communication design, urban and regional planning, and the Neutra Plaza rebuild.