SHINING LIGHT FOUNDATION

MINUTES OF MEETING HELD: Monday, July 18, 2011 at 5:30 pm

LOCATION: UBS Financial Services, 1021 E. St. Mary Blvd., Lafayette , LA

ATTENDEES:

Carolyn French, President Lana Swanwick

Bruce Snow, Treasurer Cynthia P. Dauphin

Michael Huber Sandra Wilcox

Julie Eaton

On motion of Julie, seconded by Cynthia, the Minutes of Meeting held June 6, 2011 were approved.

Treasurer's Report

Present balance: $23,004.13. The $5,954.78 has already been deducted for amount owed to Prof Erny’s. We have awarded $6,144.35 in scholarships this year; Expenses are $204.00; Donations received $4,020.36. This included the $1,500 received from Gannett; and $251.63 interest. We need to consolidate the endowment fund to eliminate account fees before August. Bruce will review donations and allocate as endowment or regular funds. Bruce is also compiling a list of the applications. The $10,000 CD was purchased for a term of one year at .04%. We received $50.00 from George and Janice Roane.

Old Business

Christy Sharon from Sylvan sent an update on the two brothers Kentrell Lewis and Montraven Fuselir who received Shining Light Scholarships. One will be entering 3rd grade and one will be entering 6th grade. Both boys have attended consistently and have seen great progress from each of them.

New Business

Cynthia will call the Lafayette School Board to find out when the counselors are scheduled to meet. Julie will contact Haley reference the newsletter. Cynthia will contact Sylvan to see what we can publish in the newsletter in reference to the two students. Bruce will check with Michelle reference the applications for the new school year. Carolyn will send an updated review form to Bruce for the website. The board reviewed the proposal for the Pugh Family Foundation Grant. We will submit a request for $2,000. The due date for submission is 8/30/2011. Bruce will contact Prof. Erny on auditing of students who picked up the instruments. Cynthia will fill out grant requests for Wal Mart and Sam’s. We will submit a request for $1,000 each.

New Applications

None received.

Meeting adjourned at 6:30 pm.

Next meeting will be held on Monday, August 15, 2011 at 5:30 pm at the UBS office, 1021 E. St. Mary.