BETF Overview * Jan 20111 BETF Monthly Update The mission of BDPA Education Technology Foundation (BETF) is to provide major financial support of the education

BETF Overview * Jan 2011 1

BETF Monthly Update

The mission of BDPA Education Technology Foundation (BETF)

is to provide major financial support of the education & technology

programs of BDPA or other groups.


January 2011 Handouts(available on request)

• 1Q-2010 BETF Board Meeting Minutes (v1.0)• 2Q-2010 BETF Board Meeting Minutes (N/A)• 3Q-2010 BETF Board Meeting Minutes (v1.0)• Financial Reports (Nov 2010)• Media Kit• Roster (Directors & staff)


Big Picture BETF Issues

1. Improving BETF-BDPA Strategic Alliancea. ITSMF, BETF (Earl, Glenn) and BDPA met in Wash

DC (Sep 2010 and Nov 2010)b. BETF (Wayne) and BETF (Yvette) agreed to begin

monthly conference calls to review grant activity and sales tax exemption status

2. Financial Crisisa. Unrestricted BETF funds are very lowb. 2011 BETF budget needs to be approved

3. Improve BETF Director activity by focusing on their area of ‘passion’


Exec Director Update

Jan 2011: Accomplishments1. Donor Participation: BETF Directors –

a. 14% (CY-2011) – Larryb. 57% (CY-2010) – John, Earl, Larry and Glenn

2. Draft 2011 BETF Budget – realistic and in line with 2010 results

3. Established BETF on Crowdrise Funding Platform – a. Funds raised to date: $1,609 (

http://www.crowdrise.com/BDPAFoundation)

Jan-Feb 2011: To Do Items1. AHF Quarterly Report – submit quarterly report2. BETF ‘Pitch Book’ – make updates for 20113. Board Meeting Actions – work open action items4. Complete 2011 CFC/NBUF application – due by

1/20/20115. Draft Donor Letter – Use on ‘Top 50’ lists and such


2008-2010 Cash Flow

• 2009 revenue drop due to loss of Opening Ceremony revenue

• 2010 improvement in payroll pledges

• 2010 major expenses (76%) of total to chapters ($31k) and scholarships ($60.5k)

• 2011 focus on big-ticket grant proposals & tracking ‘unrestricted revenue’ on weekly basis.

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Financial Report Highlights

• Grants Requested (Last 365): $ 29,708 • Grants Approved (Last 365) : $ 23,338 (79%)

• Donations Received (2007): $ 126,759 • Donations Received (2008): $ 173,132 • Donations Received (2009): $ 181,137• Donations Received (2010): $ 112,235

• Opportunity Pipeline (Jan 2011): $ 638,658 Prospecting, Possible, Likely ($305,640) Letter of Inquiry ($159,500) Very Likely, Grant Proposal ($173,518)

• Cash in Bank (Nov 30, 2010): $ 144,669 Unrestricted Assets: $ < 71,413> (Nov 2010) Restricted Assets: $ 122,341 (Nov

2010) Accounts Receivable: $ 26,931 (Nov 2010)


Funding Highlights

1. United Way Initiative (last 365)a) Bemley Fund ($ 1,494)b) Chapter Funds ($13,608)c) Endowment Fund ($ 5,461)d) General Fund ($ 767) Total: $21,330

2. Grants Approved (last 365)a) Local Chapters (12, $ 20,807)b) National BDPA ( 1, $ 2,500)

3. Restricted Funding (Nov 2010)a) Bank of America ($ 2,500)b) BDPA Chapters ($ 39,475c) Bemley Fund ($ 30,595)d) CESM Fund ($ 2,000)e) Eli Lilly Fund ($ 2,750)f) Endowment Fund ($ 11,517)g) HSCC Programs ($ 43,380)h) Merck Fund ($ 1,500)i) National BDPA ($ 460)


Where Do Donations Go?

• 4Q-2009: $ 7,892• 1Q-2010: $ 16,911• 2Q-2010: $ 27,659• 3Q-2010: $ 44,707• 4Q-2010: $ 22,959

BETF collects funds for:

1. Scholarships (BAC, Bemley or Eli Lilly);

2. BDPA (local & nat’l);3. Endowment Fund;4. Unrestricted or

Operational Funds

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ScholarsBDPAEndowmentBETF Admin


Investment Committee

Committee: Lydia Barron (chair), John Eckenrode & Valorie Hartridge (CFO)

Background: Branch Banking & Trust (BB&T) holds the BETF banking accounts. 90% of our funds are in interest-bearing business account. The other 10% is in a checking account for current expenses.

Jan 2011 Update: Investment Committee recommended a new Investment Policy Statement; approved at 3Q-2010 board meeting.

We use our BB&T account for certificates of deposit. No Black-owned bank identified. In light of current national financial crisis we will maintain our current banking relationships. Our goal is 4.5% ROI this year.

Next Meeting: None Scheduled at this time.


Scholarship Cmte (Chris Johnson)

Metrics Funds Awarded since 1999 – $344,200

Most Recent BETF Scholarship Payments Cazemba Richards (New York) – Clarkson University ($500) Khadijah Lovejoy (Hartford) – West Virginia State University ($1,500) Caroline Tremain (So Minnesota) – University of Minnesota ($1,500) Gerardo Dominquez (Chicago) – Chicago University ($2,500) Leslie Fuqua (Indianapolis) – DePauw University ($2,500)

Jan 2011: To Do Items Implement 2011 Lilly Scholarships ($1.5k

each) Announce 2010 CESM Scholarship Winner

($2k)


CIO Update (Rudy Duke)

• Dec 2010 Accomplishments BDPA Foundation Blog updated daily (123 subscribers) BETF Website – added CESM Scholarship info Tech Soup donations ($17,910) for Chicago, Cleveland,

Columbus, Los Angeles Researched MS Software Assurance for NY chapter Volunteers: David Palmer (NY) Web Hits: 414,830 (Record = Apr 2010 – 842,979) Web Visitors: 4,096 (Record = May 2010 - 6,240)

• Jan 2011 To Do Items BETF Website – 10 open TASKS (tracked on BETF intranet) Activate Google Grants & Google process Recommendations to strengthen BETF social network

infrastructure (volunteer: Angela Benton) Transition BETF out of AOL account


Director Updates (1 of 3)

Lydia Barron (Investment Committee Chair)• CY-2011 BETF Donor: No• Endowment Fund Goal: $10k• Investment Committee seeks 4.5% ROI• Next Meeting: 2/3/2011 (1st Thursdays @ 12pm)

Ron Branch (Corp/NP Foundations)• CY-2011 BETF Donor: No• Endowment Fund Goal: TBD• Next Meeting: 2/10/2011 (2nd Thursdays @ 9am)

John Eckenrode (Secretary & Investment Committee Member)• CY-2011 BETF Donor: No• Endowment Fund Goal: $10k• Next Meeting: TBD



Tayo Ibikunle (High Net Worth Initiative Chair)• CY-2011 BETF Donor: No• Endowment Fund Goal: $25k• Next Meeting: 2/4/2011 (1st Fridays @

12:30 pm)

Earl Pace (Board Chair)• CY-2011 BETF Donor: No• Endowment Fund Goal: TBD• Next Meeting: 1/17/2011 (3rd Mondays)



Larry Quinlan (Corp/NP Foundations)• CY-2011 BETF Donor: Yes (via United

Way)• Focused on ITSMF/BETF Relationship• Next Meeting: TBD

Glenn Rogers (UW Initiative Chair)• CY-2011 BETF Donor: No• Endowment Fund Goal: $25,000• Next Meeting: 2/14/2011 (2nd Mondays)


Brand & Marketing

BETF YouTube Channel metrics - http://www.youtube.com/BDPAFoundation

# Channel Views - 1,327 # Videos - 21 # Subscribers’ - 37

Facebook Causes (4) – 1,377 members; 46 donors; $2,096 donated

Facebook Page – 1413 fans http://www.facebook.com/pages/BDPA-Foundation/13734387198

Groupsite – 2488 subscribers / 78 BETF-subgroup subscribers http://bdpa.groupsite.com / http://bdpa.groupsite.com/group/betf

LinkedIn – 2581 subscribers / 156 BETF-subgroup subscribers http://www.linkedin.com/groups?gid=21066 /

http://www.linkedin.com/groups?gid=2430638

Twitter – 1466 followers - http://twitter.com/BDPA


Volunteers (1 of 2)(HSCC Alumni Research)

• 1989, Ray Jefferson (Greater Columbia) – Letter Appreciation, 3-23-10

• 1992, Tanya Hicks(Chicago)

• 1993, Lahesha Williams (Chicago)

• 1994, Faye Wilson (Detroit)• 1995, Tiffani Bell

(Washington DC)• 1996, Cassaundra Jones

(Atlanta)• 1997, Roxanne Clinton

(New York)

• 1998, Marissa Jackson (Chicago)

• 1999, Chris Parchman (Atlanta)

• 2001, Sherri Sonnier-Johnson (Charlotte) - Letter Appreciation, 3-23-10

• 2002, Donald Campbell (Philadelphia)

• 2003, Heather Roberts(NJ) - Letter Appreciation, 3-30-10

• 2004, Nicolle Perry (Chicago) – Letter Appreciation, 12-30-10


Volunteers (2 of 2)Endowment Fund• Harvetta Kashka (LA)

Finance• Valorie Hartridge (DC)

Information Technology• Angel Baltimore (DC)• Rudy Duke (DC)• Tarik Massac (DC)• David Palmer (New York)• Janet Shan (Chicago)

Scholarships• Chris Johnson (Dallas)

Marketing• Evelyn Brown (Unknown)• Martin Lindsey (Chicago)• Lorrinda Michieka

(Triangle)• Tracy Oxley (Los Angeles)• Ura Puranda (Chicago)• Coram Rimes (New Jersey)• Janet Shan (Chicago)• Annette Yates (Richmond)

United Way• Christopher Edwards

(Chicago)• Darolyn Howard (LA)• Andre Wilson (Dayton)


Questions

Wayne Hicks, Executive DirectorPhone: (513) 284-4968

Twitter: BDPABlog: http://betf.blogspot.com

LinkedIn: http://www.linkedin.com/in/waynehicks

Documents

BETF Overview * Jan 20111 BETF Monthly Update The mission of BDPA Education Technology Foundation (BETF) is to provide major financial support of the education