1CAL POLY POMONA FOUNDATION, INC.

BOARD

INSIGHTS

MARCH2013

CTTi Welcomes Two New Tenants

page 8

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foundation.csupomona.edu

PUBLISHED BY:

WHAT YOU SPEND ON CAMPUS … STAYS ON

CAMPUS

Surplus funds generated by all Cal Poly Pomona Foun-dation operations go back to the University to provide

financial and facility resources to benefit

students, faculty and staff.

Cal Poly Pomona Foundation. Inc.Ph: 909-869-2912Fx: 909-869-4549

All-Hands MeetingThe Foundation’s All-Hands Meeting will be held on Wednesday, April 24 at 3:00 p.m. in the Blue Room at Los Olivos Dining Hall.

Kellogg West Partners with the American Cancer SocietyKellogg West Conference Center worked with the American Cancer Society to host a kickoff event for their Cancer Prevention Study-3 (CPS-3) Research Program. The kickoff took place on Monday, March 4th from 6 p.m. to 7 p.m. in the Valley Vista Room at Kellogg West.

CPS-3 is a program designed to promote long-term cancer research and provide individuals touched by cancer with an opportunity to help other patients and their families. Volunteers who join the movement will “help to create a world with less cancer and more birthdays.”

For more information, please visit CPS-3’s website at www.cps3la.org or call 1-888-604-5888.

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The Foundation Information Technology (FIT) Team recently upgraded the Kronos HR/Payroll system to version 6.3. The upgrade brings some exciting new improvements and features that will benefi t Kronos users.

The fi rst is login integration between Kronos and Microsoft Windows using Active Directory. This feature allows Foundation employees to use their same Windows Username and Password to log into Kronos, without having to use a separate ID as they did in the past.

The new version is no longer constrained to an older version of Java. The minimum requirement is Java version 6.29, but it will work with any version beyond that release.

We are also now able to roll out updated Kronos Touchscreen Biometrics terminals with rich new features. These new Biometrics will not only give users the ability to clock in and out more reliably, but will also allow them to check a lot of the same information that was previously only available through Kronos Self Service.

Finally, security has been improved. Kronos now takes advantage of the latest security improvements of both Microsoft Windows Server (operating system) and Microsoft SQL (database). This includes enhanced SSL and full database encryption, making personal data more secure than ever.

Kronos HR/Payroll Software Successfully Upgraded

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The 13th Annual Norman J. Priest Scholarship RecipientsThis award is given to Foundation full-time student employees who embody the ideals of former Foundation Board member Norman J. Priest through their community service, leadership skills, and involvement in the Foundation. Submitted applications are reviewed by Mrs. Halo Priest, her son James Priest, and a Foundation Scholarship Committee. Selection is based on one’s resume, a recommendation from both a supervisor and a Foundation staff member, plus an essay on how the Cal Poly Pomona Foundation has helped them with their educational goals and how the award will help them achieve their career/educational goals. The essay should also highlight how participation and leadership in campus activities and community service will help them achieve their goals.

The three 2012-2013 winners are Karina Diaz-Infante, University Village Housing employee; Brenna Grabowski, Kellogg West employee; and Jordan Kittleson, University Village Housing employee. Each recipient was honored at the Board of Directors meeting on Wednesday, February 20 at Kellogg West Conference Center and Hotel. President J. Michael Ortiz read their bios aloud and presented them with a personalized trophy.

Congratulations to the 13th annual Norman J. Priest Scholarship recipients!

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Karina is expecting to earn her Bachelor of Science degree in Human Foods and Nutrition with an option in Dietetics in 2014. Her career goal is to become a Registered Dietitian and to work in the Hispanic community. She also has a Spanish minor and is part of the Estudiante Dietetico program at Cal Poly Pomona, which is an accredited didactic program funded by the USDA for bilingual dietetic students. Karina has worked at the Wellness Center on campus for two years as a Peer Health Educator where she has gained experience working in the health profession. She is very involved on campus as an active member of Zeta Tau Alpha Sorority, FN Forum, Phi Upsilon Omicron, and Order of Omega. She is a Resident Advisor at the University Village and will be a Student Coordinator next year.

Karina Diaz-Infante

Jordan grew up just outside Pasadena, CA. Varying forms of international dance are among his deepest passions, as he fi rmly embraces the idea that methods utilized to resurrect individual expression are extremely important to society. He has visited ten different countries and plans on raising that total. Holding a bachelor’s degree in Political Science from Cal Poly Pomona, he is currently beginning his last year of graduate school studying the intricacies of public administration. Throughout his academic experience, he immersed himself in extracurricular activities which include: 3 study abroad trips (Ghana, China, and Spain), Head Delegate to the Washington Model Organization of American States Team, Resident Advisor for the University Village, Political Science/Economics/History Tutor for the Learning Resource Center, Chair for the ASI Lobby Corps Board, and ASI Secretary of External Affairs. Ultimately, his career objective is to become a United States Congressman.

Jordan Kittleson

Brenna will earn her Bachelor of Science degree in Hospitality Management in 2014. In addition, she is completing a minor in General Business to extend her education and understanding. Her studies are specifi cally focused on aspects of law, accounting, and asset management practices in the hotel and tourism industry.

Brenna is proud to be a member of the Golden Key International Honour Society and is excited about being a founding leader of Cal Poly Pomona’s ballet club, Poly Pointe. She has served the community through organizations including Habitat for Humanity, Heal the Bay, and Girls Scouts, and has received scholarships from Hilton World and Pepsi Beverages Company.

Recently, Brenna completed a summer internship program with Marriott Vacations Worldwide. She is currently working as a Front Desk Agent at Kellogg West Conference Center and Hotel where she has gained invaluable hands-on experience over the past two years. After graduation, Brenna will continue to grow within the hospitality industry with plans to eventually become a successful manager of her own property.

Brenna Grabowski

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Kellogg West Shows Off Their New LookOn Tuesday, February 12, Kellogg West hosted an open house after spending weeks renovating their front desk, lobby, dining room, and lower-level exhibit lounge.

Over 150 guests attended the event, including some of their corporate meeting planners from CPP, Southern California Edison, Kaiser, Baldwin Unifi ed School District, and Western University.

“The event was very well-received and everyone who attended was not only complimentary of what we had accomplished, but also on the open house in general,” says Cameron Edmonds, Director of Kellogg West.

There was an array of delicious food and complimentary beverages for guests to enjoy. Additionally, 15 gift baskets from Dining Services and Conference Services were raffl ed. Prizes included various Kellogg West gear and gift certifi cates for lunch and overnight stays.

All areas were greatly praised—the lobby, front desk and conference center were admired for the contemporary design,

new furniture, and lighter hues. The light colored wood, white countertops, and overall design of the front desk, and the new light colored tile in the lobby caught everyone’s attention when walking through the door. Furthermore, the dining room received great feedback for its “very much needed” update and remodel.

“The new colors and contemporary furniture and design defi nitely brought this area into the 21st century, so to speak” says Cameron.

According to Cameron, the biggest attention-grabbers were the conference area photo panels and the new dining room tables, chairs, and beverage station.

“The changes in the dining room have already contributed to the booking of at least two weddings so far,” states Cameron. “The overall changes have shown what Kellogg West can (and should) look like. I believe it has greatly infl uenced everyone in a very positive way and has helped push ahead with more extensive renovations in our other areas.”

To enjoy a video of the open house, please visit: http://www.youtube.com/watch?v=xjU9ouIz_Io

To view before and after shots of Kellogg West, please visit:http://www.youtube.com/watch?v=tai9tvmtkCo&feature=youtu.be

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CTTi Welcomes Two New TenantsOccupancy at the Center for Training, Technology and Incubation (CTTi) at Innovation Village has reached a record high! We just signed two new leases for 4,300 square feet, bringing occupancy at the project to 85%.

The new leases are with two start-up companies. First is Topgallant Group, DBA IDC Pomona. They will be using the second fl oor offi ce space in building C for an Interactive Development Center for 3D virtual reality showcase and development. This is a very exciting use for the project as it is our fi rst high-tech user. Their 3D virtual reality products are used both by industry for training purposes as well as the educational sector.

Our second tenant is a small architectural fi rm starting up in the area. LA Design is now occupying the last vacant ground-fl oor offi ce space in the project. The partners in this fi rm have a strong connection with the College of Architecture on campus and anticipate hiring interns in the near future.

Both of these new tenants will provide solid partnerships for the campus and the overall community. We are pleased to welcome them both to Innovation Village at Cal Poly Pomona!

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Schedule of New Grants

Project Title Awarding Agency New Awards College/Division Project DirectorSignaling Cascade in Skeletal Muscle

National Institute of Health 97,875 Science Andrew Voss

Aluminum Heat Exchangers for Handling Condensate in Fuel Cells

Intelligent Energy 55,000 Engineering Vilupanur Ravi

ADVANCE-IT Catalyst Project

CSU Fullerton Auxil-iary Services, Corp. 7,552

Letters, Arts, and Social Sciences Juliana Fuqua

Ultra-Low Energy Use Appliance Design

Lawrence Berkeley National Laboratory 20,000 Engineering Gerald Herder

Constraining the Abundance of Kardashev Civiliations

Th e Pennsylvania State University 70,321 Science Matthew Povich

Eff ects of Pistachio Consumption on Body Composition

Cal Poly Corporation 46,068 Agriculture Bonny Burns-Whitmore

Integrated Delivery Systems for Micronutrients/Nutraceuticals

Agricultural Research Initiative

6,671 Agriculture Olive Li

Incidence of Distal Phalanx Fractures in Arabian Foals

Agricultural Research Initiative

4,000 Agriculture Yvette Nout

Skills and Competencies Needed by Graduates of Agricultural Programs

Agricultural Research Initiative

2,072 Agriculture Ronald Heimler

309,559

February 28, 2013

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Innovation Village Intern Spotlight: Corazon Lara from Titan Oil Recovery

Cal Poly Pomona student Corazon Lara practices her laboratory skills as an intern at Innovation Village’s Titan Oil Recovery. The time she spends at her internship gives her valuable experience that will ultimately help her achieve her career goals.

“My internship gives me something that I can use in the future,” declares Corazon.

Fulfi lling every possible opportunity to better her future has always been in Corazon’s nature; she is the youngest of fi ve siblings and the fi rst in her family to graduate high school and attend college. She is not only a fi rst-generation college student, but she has chosen to maximize her educational experience by double-majoring in microbiology and anthropology.

“Anything that makes you knowledgeable is valuable,” proclaims Corazon. “I strive to do and learn new things.”

According to Corazon, her unparalleled motivation stems from her family; her hope is to continue to inspire her 13 nieces and nephews, and help them realize their greatest potential.

“I wanted them to have someone to look up to and push them into higher education,” states Corazon.

Additionally, she wanted to further her education to make her parents proud.

“It’s a dream come true for my parents.”

While pursuing two challenging majors at Cal Poly Pomona, Corazon also focuses on her internship at Titan Oil Recovery. She has been an intern at Titan Oil Recovery for a little over two years and works there anywhere from two to four days weekly, depending on her current classes.

“Titan Oil Recovery is really fl exible with my school schedule,” declares Corazon. “They are really easy to work with.”

Her primary responsibility as a Titan Oil Recovery laboratory intern is to analyze various samples of bacteria from different oil wells in order to develop nutrients. These nutrients are then given to the bacteria so they can multiply, as the bacteria helps with oil production.

“I love the hands-on experience,” voices Corazon. “It makes me more dexterous.”

Strengthening her adroitness is incredibly benefi cial to Corazon, as she hopes to continue working in a laboratory after she graduates in 2014. She would like to eventually become either a clinical laboratory scientist or work in forensics.

“This internship is a good transition to the working-world,” declares Corazon.

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Her interest in science began at an early age when her father would bring National Geographic magazines home. Her passion has only intensifi ed since experiencing work life in a real laboratory at Titan Oil Recovery.

“I love to do anything with lab work,” she says enthusiastically.

She trusts that her internship at Innovation Village has provided her with something invaluable.

“I’m really happy to be given this opportunity,” expresses Corazon. “I was graced with it.”

Corazon’s dedication has helped her achieve educational success and acquire her internship at Innovation Village’s Titan Oil Recovery; these two accomplishments, along with her diligent personality, will certainly help her reach her future goals.

Innovation Village is a 65 acre research park on the Cal Poly Pomona campus. With its partner Trammell Crow Company, the Foundation has reached the milestone of 50% completion, and continues to develop the park. This public/private partnership not only benefi ts the campus by providing jobs and internships to students, but by generating revenue for the Foundation, which ultimately goes to the university.

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Unaudited Financial Statement Highlights – January 2013

Monthly Budget

Monthly Actual

Monthly Variance

Y T D Budget

Y T D Actual

Enterprise ActivitiesBookstore 263,336 202,833 (60,503) 201,100 164,117Dining Services 158,242 98,310 (59,932) (68,047) (155,878)Kellogg West Conf. & Hotel (4,892) 7,227 12,119 (48,203) (22,553)University Village Housing 265,288 263,613 (1,675) 69,140 257,686 Subtotal: 681,974 571,983 (109,991) 153,990 243,372

General ActivitiesFoundation Administration 120,052 55,856 (64,196) (760,608) (648,790)Real Estate Development (31,867) 12,379 44,246 118,729 189,893Investments 57,556 340,612 283,056 310,877 1,040,849Building Rental 10,806 (18,534) (29,340) 73,346 29,345 Subtotal: 156,547 390,313 233,766 (257,656) 611,297

Designated Funds (83,041) (49,252) 33,789 (731,259) (306,122)

Other ActivitiesResearch Offi ce 3,763 639 (3,124) 26,341 13,215Agriculture 91,351 (72,092) (163,443) 169,960 (122,906)Continuing Education 175,159 231,970 56,811 452,908 835,221Fdtn Programs-Unrestricted 0 (247,105) (247,105) 0 (75,714) Subtotal: 270,273 (86,588) (356,861) 649,209 649,816

Net Surplus/ (Defi cit): 1,025,753 826,456 (199,297) (185,716) 1,198,363

EXECUTIVE SUMMARYThe purpose of this article is to provide information related to the unaudited fi nancial performance of the Foundation for the month of January 2013. The Foundation generated a surplus for the month greater than budgeted mainly due to Continuing Education, Foundation Administration and Dining Services, offset by University Village Housing.

ENTERPRISESSummary - For the month ended, the Enterprise operations generated a surplus below budget mainly due to Dining Services and Bookstore.

Bronco Bookstore – Revenues exceed budget by 6.3% or $126,724 mainly due to textbook sales and rentals, soft goods, supplies and hardware, cost of goods sold is 76% versus 72% of budgeted revenues and salaries and expenditures is 13% versus 14% of budgeted revenues.

Dining Services – revenues are 95.9% or $64,910 short of budget with approximately 55% from retail and 45% from board operations, cost of goods sold is 39% versus 35% of budgeted revenues. Salaries and expenditures is 54% versus 54% of budgeted revenues. Retail revenues exceed budget by 1.4% or $11,824, cost of goods is 41% versus 35% of budget and salaries and expenditures are 56% versus 58% of budget generating a surplus of $25,719 versus budgeted surplus of $47,016. Board operation revenues are 90% or 9.8% short of budget, food costs are 37% versus 36% of budget, salaries and expenditures are 53% versus 50% of budget generating a surplus of $72,494 versus budget of $113,075.

Kellogg West Catering/Dining revenues exceed budget by 10% or $7,859, cost of goods is 47% versus 32% and salaries and expenditures are 111% versus 104% of revenues generating a defi cit of $48,725 versus a budgeted defi cit of $26,990.

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Kellogg West Conference Center & Hotel – revenues exceed budget by 15% or $15,847 and salaries and expenditures are 93% versus 104% of budget, generating a surplus of $7,233 versus the budgeted defi cit of $4,892. University Village revenues exceed budget by 0.8% or $6,857, expenditures are 69% versus 69% of budget generating a surplus in line with budget. We budget 30% occupancy during the summer and realized 35% occupancy and 95% occupancy during the academic year and are realizing 100%. GENERAL ACTIVITIESGeneral Activities include administration, rental operations, real estate development, investments, and faculty staff housing reported a surplus in excess of budgeted primarily due to investments and purchase lease options in faculty/staff housing offset by additional expenses in Administration and Rental activities.

DESIGNATED EXPENSESFor fi scal year 2012-13, Designated Funds generated a defi cit of $306,122 versus a budgeted defi cit of $731,259 due to savings across all programs.

OTHER ACTIVITIESSponsored Research year-to-date 2012-13 generated a surplus of $13,214 versus a budget of $26,341; indirect revenues exceeded budget due to an effective rate of 12.11% versus the budgeted rate of 10%, direct grant expenditures were under budget by 3.626% or $245,318.

Agriculture-Aid-to-Instruction year-to-date 2012-13 revenues are 87.8% or $243,941 short of budget, cost of goods is 21.6% versus 21.8% of budget and payroll and expenditures are 85.3% versus 69.7% of budget generating a defi cit versus a budgeted surplus due to the activities in Agronomy Farm, Arabian Horse Unit, Farmstore and Fruit Industries offset by the surplus in the Pine Tree Ranch due to a sales of avocados and lemons.

Continuing Education includes nine programs from the College of the Extended University, College of Engineering and College of Science. Revenues for the fi scal year 2012-13 exceed budget by 23% or $483,435; payroll and expenditures are 67% versus 78% of budget generating a surplus in excess of budgeted due to the Certifi cation Programs, English Language Institute, offset by International Training.

Foundation Programs-Unrestricted includes the activities that are not third party donor imposed stipulations. Revenues for the fi scal year 2012-13 are 78% or $128,463 short of budget and expenditures were 91% or $52,748 short of budget, generating a defi cit versus a zero budget. Overall Foundation Programs (unrestricted and restricted) revenues exceed prior year by 20% or $1.2 million and expenditures exceed prior year by 29% or $1.0 million (excluding Transfers to the University # 7344) generating a surplus of $2.9 million versus prior year surplus of $2.7 million.

If you have any question or need additional information, please contact David Prenovost at dfprenovost@csupomona.edu or call (909) 869-2948.

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Foundation Receives a Few Notes of Gratitude ...On behalf of Staff Council, I would like to thank you for your generous donation and continued support. With your support, we raised close to $2,000 to go towards the Amelia Hammond Scholarships.

Thank you,

Rachel Dominguez

On behalf of the Cal Poly Pomona 21st Annual Unity Luncheon committee, I thank you for your kind and generous donation. Your donation of $100 Bronco Bucks Gift Card ($10) was amongst dozens that were highlighted and promoted at this year’s event. Thanks to your help, more than $51,000 was raised for Cal Poly Pomona student scholarships!

Once again, thank you for supporting the Unity Luncheon and our Cal Poly Pomona students. Please consider supporting us again next year.

Sincerely,

Rosa SerratosUnity Luncheon Committee

On behalf of ASI BEAT we would like to thank you greatly for your help and support in this year’s CPP’s Got Talent!

This event would not be the same without all of your efforts! Thank you for helping us even in surprise and last minute situations. We greatly appreciate your hard work!

Our great work helped us raise $500 for the Susan G. Komen for the Cure Foundation, where we donated to help end breast cancer.

Thank you again deeply for your help and support to ASI BEAT!

Sincerely,

Jacqueline Rios and Emilie Tan

Bronco Events and Activities Team (BEAT) Programing ChairAssociated Students, Incorporated

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Resolu on Number

Document Subject Brief Descrip on of Resolu on

400 Salary Grade Revisions BOD approves the revised salary scale, eff ec ve January 1, 2013, and that the Execu ve Director of the Cal Poly Pomona Founda on is authorized and directed to take any and all ac on as may be necessary to eff ectuate this Resolu on.

401 Investment Report 2nd Quarter 2012-13 The Founda on’s Endowment and General Investment Policies 130 and131 require a comprehensive quarterly report of the investment por olios performance be provided to the Investment Commi ee and Board of Directors at a regularly scheduled mee ng. Founda on management believes that the quarterly investment reports are in compliance with the investment policies and Resolved, the Board of Directors approves this Second Quarter 2012-2013 investment report

402 Bronco Bookstore Consultant’s Recommenda ons

BOD approves the Bronco Bookstore Strategic Plan Update.

403 Policy 118 Update-Founda on Budget Process BOD approves the suggested changes to the Founda on Budget Process Policy # 118.

404 General Investment Policy 131 Update BOD approves the suggested changes to the Founda on General Investment Policy # 131.

405 General Investment Por olio Proposal BOD approves to retain Graystone Consul ng as the investment advisor for the fi xed income por on of the general investment por olio to manager these investments per the terms and condi ons of the General Investment Por olio policy # 131

406 Flexible Benefi t Spending Program BOD approves sun-se ng of the Cash for Benefi ts program and adding the Flex Dollars Program, no later than April 1, 2013. The Execu ve Director of the Cal Poly Pomona Founda on is authorized and directed to take any and all ac on as may be necessary to eff ectuate this Resolu on

407 Bre Roth Special Employment Contract BOD approves entering into a limited temporary work engagement contract with re ree Bre Roth, and the Execu ve Director of the Cal Poly Pomona Founda on is authorized and directed to take any and all ac on as may be necessary to eff ectuate this Resolu on

Resolutions Passed at Recent Board Meeting #354

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Principal for a DayCal Poly Pomona Foundation was one of three sponsors to host a luncheon for participants in the city-wide Principal for a Day, coordinated by the Pomona Chamber of Commerce. Cal Poly Pomona Dean Peggy Kelly from the College of Education and Integrative Studies participated as well as Sandra Vaughan-Acton, Foundation Director of Real Estate.

Dr. Kelly was assigned to participate at the Kellogg Polytechnic Elementary School located in the neighborhood behind American Red Cross in the community where the Foundation owns 17 homes in its faculty/staff affordable housing program.

“It was a great experience! It provided me with an opportunity to connect with the principal and the school in a way that I have not had time to do,” expressed Dr. Kelly. “I was able to observe every teacher in the school, participate in a meeting of the bilingual parents, and learn about their new initiatives. As a follow up, I met with the associate superintendent to express our interest in including Kellogg Elementary as one of our key sites in the education programs. We will be following up with the school shortly.”

Sandra worked with Victor Torres, principal of Village Academy High School on Holt Avenue in Pomona.

“My experience with the high school and with Principal Torres was very positive. It was encouraging to meet several students who are high achievers and have already received acceptance letters from a number of colleges,” said Sandra. “The faculty and staff were very engaged and clearly committed to improving student success rates. That is important for solid economic development in the community and the success of business in the community.”

Innovation Village at Cal Poly Pomona will also be sponsoring the Chamber of Commerce annual scholarship luncheon held in May where we hope to host students from the community who are planning to attend Cal Poly Pomona.