2020-21 annual report - acacia fraternity

Acacia Fraternity Foundation

Email: [email protected] Website: acacia.org/foundation

2020-21 Annual Report

ACACIA FRATERNITY FOUNDATION, INC. 12721 Meeting House Road • Carmel, IN • 46032 • (317) 872-8210

AcaciaFraternityFoundation

“PreparingTomorrow’sLeaders”

2020-2021AnnualReportJuly31,2021

Page 1

Introduction This August the Acacia Fraternity Foundation celebrates its 32nd Anniversary. Founded in 1989, the Acacia Fraternity Foundation makes it possible for Acacians and friends of Acacia to make tax-deductible contributions to support the educational activities of Acacia Fraternity and provide scholarships for undergraduates. Over the last 32 years 6,533 Acacians representing 93 different Chapters and Colonies, and friends of Acacia have contributed over $15.4 million dollars to the Foundation for these purposes. Highlights for the Year The Foundation received over $1.3 million from 1,100 contributors during the fiscal year ending June 30, 2021. At year-end Foundation assets were $4.54 million. Foundation income and expenses for the fiscal year were: Foundation Income Unrestricted donations $ 401,189 Board-directed accounts $ 16,165 Endowment accounts $ 236,010 Chapter accounts $ 648,531 Investment earnings $ 815,929 Total $2,117,824

Foundation Expenses Management and general $ 84,202 Fundraising $ 152,930 Scholarships $ 149,817 Support to Acacia Fraternity HQ $ 233,693 Grants to Chapters $ 377,177 Total $ 997,819

Leadership Gifts – The Black & Gold Brigade

This past year, we shared with potential donors the tremendous growth opportunities for men offered by Acacia Fraternity and an invitation to become a member of Acacia’s Black & Gold Brigade. The Black & Gold Brigade recognizes leadership gifts from members whose contributions to the Foundation in the fiscal year total $1,000 more.

Thank you! A record number of Acacians and friends of Pythagoras totaling 157 made gifts of $1,000 or more between July 1, 2020 and June 30, 2021:

$100,000 and above David A. Odegaard, Cornell $201,272.00 Leonard W. Kearney, Oregon State $122,750.00 Daniel R. Lang, Northwestern $100,000.00 $50,000 to $99,999 Richard I. Williams, Grand Valley State $50,000.00 $20,000 to $49,999 Dewayne E. Ullsperger, Nebraska $42,250.00 James D. Weaver, Indiana $41,250.00 John F. Beering, Purdue $35,907.00 $20,000 to $49,999 continued Glenn M. Johnson, Louisiana State $25,937.00 Warren S. Hawkins, Louisiana State $25,000.00 Charles W. Sartain, Louisiana State $25,000.00 Robert G. Travnicek, MD, Kansas $25,000.00 $10,000 to $19,999 Colorado Acacia House Corp. $19,400.00 Steven K. Haines, Indiana $15,000.00 Phillip S. Sutton, Ohio State $12,574.00 Larry E. Schroeder, Georgia $12,000.00

Destry W. Hood Nebraska $10,595.00 Robert E. Garrow, Indiana $10,000.00 $10,000 to $19,999 Mark H. Johnson, Purdue $10,000.00 Dr. George F. Rapp, Indiana $10,000.00 $5,000 to $9,999 Ronald Gebhardtsbauer, Penn State $8,000.00 Larry A. Wogahn, Iowa State $8,000.00 Anthony D. Little, Oregon State $7,362.00 Michael L. Rollins, Washington $7,359.00 Warren L. Anderson, Washington State $7,250.00 Steven B. Cutshall, Purdue $7,000.00 William A. Utic, Cornell $6,894.00 Randolph K. Shoup, DDS, Indiana $6,665.00 Andrew Jee, Oregon State $6,500.00 L. David Waibel, Purdue $6,500.00 David L. Ferguson, Indiana $6,165.00 Aaron P. Darcy, Indiana $6,000.00 Arlo E. Sommers, Ohio State $6,000.00 Terry L. Thoem, Iowa State $6,000.00 George T. Abed, Oregon State $5,750.00

Warren R. Young, Purdue $5,500.00 William H. Purcell, Indiana $5,345.00 Charles E. Buxton, Oregon State $5,150.00 Timothy L. Bray, Indiana $5,103.00 John W. Wedgwood, Purdue $5,100.00 Brock P. Nolan, Indiana $5,065.00 Robert L. Andring, Washington State $5,000.00 Patrick M. Chittenden, Indiana $5,000.00 George E. Gillespie, Purdue $5,000.00 Robert R. Myers, Jr., Stephen F. Austin $5,000.00 Clifford D. Nelsen, Indiana $5,000.00 Carlos E. Odio, Purdue $5,000.00 Stanley S. Tao, Indiana $5,000.00 $2,500 to $4,999 Robert E. Roberson, Illinois Wesleyan $4,817.00 Scott H. Meyer, St. Cloud State $4,729.00 David R. Quick, Rensselaer $4,450.00 George W. Sorrells, III, Indiana $4,213.00 Toby R. Madison, PhD, UCLA $4,000.00 William M. Thornton, Ohio State $3,716.00 James L. McFarland, Wisconsin $3,683.00 Darold W. Larson, Washington State $3,545.00 James B. Goritsan, Oregon State $3,500.00 William H. Strong, Purdue $3,500.00 David W. Zier, Oregon State $3,500.00 Eric V. Zwigart, C. U. P. $3,360.00 Robert J. Barlow, Indiana $3,250.00 Brian S. Strayer, Ohio State $3,250.00 Kris R. Lutt, Nebraska $3,051.00 Roger B. Bowman, Oregon State $3,050.00 James J. Chancellor, Louisiana State $3,000.00 Jerome P. Jungels, Indiana $3,000.00 Jay E. King, Indiana $3,000.00 Dr. John B. Lane, Vermont $3,000.00 George Campbell Mansfield, IV, Indiana $3,000.00 Nicole Simon, Friend of Acacia $3,000.00 Charles F. Switzer, Oregon State $3,000.00 Rodney S. Brown, Indiana $2,817.00 Amos D. Meyers, Jr., Shippensburg $2,765.00 Kerry W. Skelton, Purdue $2,593.00 Michael P. Fillman, Western Ontario $2,518.00 Gerald C. Cook, Shippensburg $2,500.00 Raymond E. Reusser, Purdue $2,500.00 Michael C. Tu, California $2,500.00 $1,500 to $2,499 Joseph M. Orlesh, Jr., Louisiana State $2,447.00 Guy G. Gebhardt, Illinois Wesleyan $2,433.00 John F. Hoffner, Purdue $2,350.00 Indiana Acacia Alumni Association $2,204.00 Dr. Dwyte E. Brooks, Sr., Northwestern $2,132.00 Lowry L. Tims, Texas $2,075.00 Donald F. Disque, Purdue $2,000.00 Scott C. Geist, Washington State $2,000.00 Scott J. Houston, Indiana $2,000.00 James W. Moyers, Louisiana State $2,000.00 James D. Schlick, Iowa State $2,000.00 Steven A. Verzwyvelt, Jr., Louisiana State $2,000.00 Michael D. Walker, Iowa State $2,000.00 Byron A. Tabor, Iowa $1,976.00 Brian Kearney, Iowa $1,975.00 David M. Connolly, Purdue $1,800.00

$1,500 to $2,499 continued John L. Tompkins, Indiana $1,750.00 Christ Drossos, Jr., Indiana $1,700.00 Steven R. Steinhubl, Purdue $1,641.00 Charles F. Martin, III, Purdue $1,608.00 Jeffrey T. Boaz, Illinois Wesleyan $1,563.00 Scott E. Gentry, Louisiana State $1,556.00 Eric L. Nygren, Oregon State $1,556.00 Kenneth A. Christenson, WSU $1,550.00 James E. Hayes. Purdue $1,537.00 Dennis L. Kohan, Illinois Wesleyan $1,518.00 Gregory J. Hamer, Sr., Louisiana State $1,500.00 W. Jeffrey Neal, Kansas State $1,500.00 Joe D. Smith, Oregon State $1,500.00 $1,000 to $1,499 Michael S. Weber, Iowa State $1,475.00 William M. Riley, Jr., Kansas State $1,400.00 Brian R. Durst, Wisconsin $1,357.00 John W. Morgan, PhD, Indiana $1,311.00 Alan B. Scher, Wisconsin $1,257.00 David M. Lemke, Wisconsin $1,241.00 George H. Ebbs, Purdue $1,141.00 Robert D. Paine, Washington State $1,141.00 Ernest W. Wakeham, Oregon State $1,100.00 Randall M. McCullough, Illinois Wesleyan $1,065.00 Mark J. Schnarr, Purdue $1,065.00 Robert L. Zell, Purdue $1,050.00 Michael A. Hart, Purdue $1,037.00 John A. Kerr, Trine $1,037.00 Michael D. Mallery, Oregon State $1,037.00 Martin T. McKnight, Oregon State $1,037.00 Jacob L. Pergande, Iowa State $1,037.00 Alan S. Tai, Washington State $1,037.00 John Clifton Davis, New Hampshire $1,020.00 Deane E. Allin, Oregon State $1,018.00 Dr. L. Dennis Smith, Indiana $1,007.00 Todd A. Baker, Oregon State $1,000.00 Danny R. Beagle, Jr., Shippensburg $1,000.00 Travis J. Bowie, Kansas State $1,000.00 William F. Brumund, Purdue $1,000.00 Rick C. Elliott, Kansas State $1,000.00 Robert H. Freund, Oregon State $1,000.00 Russell E. Frew, Indiana $1,000.00 William H. Hernstadt, Rensselaer $1,000.00 Craig A. Hubbell, Washington $1,000.00 Paul G. Ingram, Oregon State $1,000.00 James N. Katsaounis, Ohio $1,000.00 John A. Kvinge, Iowa State $1,000.00 Melvin E. Martin, Oregon State $1,000.00 Richard L. Miller, Purdue $1,000.00 Kenneth D. Musser, III, Purdue $1,000.00 Jeffrey L. Peil, Iowa State $1,000.00 John H. Peper, Texas $1,000.00 Dale E. Redman, Louisiana State $1,000.00 George A. Robinson, Jr., Iowa State $1,000.00 William C. Schmitt, Ohio State $1,000.00 James B. Shaffer, Purdue $1,000.00 Thomas A. Smith, Purdue $1,000.00 James E. Southwood, Purdue $1,000.00 Edward P. Todderud, M.D., Purdue $1,000.00 Malcolm J. Tuesley, Indiana $1,000.00 Daniel G. Wisner, Iowa State $1,000.00

$1,000 to $1,499 continued David E. Wolfe, Iowa State $1,000.00

Mack E. Wootton, Indiana $1,000.00

The 1904 Society In 2018 the Foundation launched a recurring gift program called the 1904 Society. The 1904 Society begins at graduation and continues throughout the alumni journey. Through the 1904 Society the Foundation seeks to build a culture of continuous, life-long giving. With the assistance of chapter advisors, the importance of giving back to Acacia is emphasized to graduating members following the Alumni Induction Ceremony. The Foundation is working with the Fraternity to include the 1904 Society in the Alumni Induction Ceremony at all chapters. The foundation would like to thank and acknowledge those who have set recurring donation schedules for their participation in the 1904 Society: Jackson Aaberg, Missouri Kodjo Awadjie, Washington State Scott A. Beckman, Washington Eric E. Bingen, Wisconsin Chip C. Brueckman, Cornell Edward Cardinal, California J. Scott Cleland, Ohio Robert Davis, Iowa, State John C. Davis, New Hampshire Brian S. Downs, Central Oklahoma Jeffrey Eller, Washington State David Engeldinger, Wisconsin Ryan J. Ferguson, Illinois State Joshua Gannon, Oregon State Mark D. Griffis, Central Florida Alan Hoffman, Iowa State Blake Hutchison, Wisconsin Justin Kaplan, Carleton Darold Larson, Washington State Ms. Susan Larson, Friend of Acacia Albert Lucenti, Illinois State Chris C. Mackenzie, Iowa State

Patrick W. McGovern, Indiana Scott H. Meyer, St. Cloud State Marcus Mountford, Kansas State Sean O'Neil, Ohio Nick Partipilo, Illinois Wesleyan Anthony D. J. Phillips, Carleton Thom T. Powell, Iowa Jose Sanchez, UCLA Matthew R. Schueller, Wisconsin George Sorrells, Indiana Brian S. Strayer, Ohio State Byron Tabor, Iowa William M. Thornton, Ohio State Erik Thorson, Illinois Wesleyan Benjamin Turconi, California C. J. Van Antwerp, Trine Parimal Vyas, Illinois State Caroll J. Washington Jr., Colorado Michael S. Weber, Iowa State Joseph Welsbacher, Arizona State Eric Zwigart, C. U. P.

To better serve our donors, the Foundation has added additional giving platforms for donors to give to the AFF. Beyond the traditional giving platform at acacia.org/donate we have added options for Pay Pal and Venmo.

The Evergreen Society Each year hundreds of Acacians support our Fraternity sharing their time and talents as alumni leaders as well as generously sharing their financial resources. A growing number of Acacians are also including the Foundation in their estate planning, making legacy gifts of support for Acacia. A prime example this last year was a substantial gift from the estate of David Odegaard, Cornell ’67. The transformational value of future legacy gifts from Acacians cannot be overstated. The foresight of our planned donors is critically important to growing the Foundation and enabling us to provide essential long-term financial support for the Fraternity. Acacia’s continued success will be largely determined by future estate gifts to the Foundation.

During the past year the Acacia Fraternity Foundation has directed increased attention toward planned the planned giving program to secure funds for endowed funds that will ensure the work of the Foundation continues long into the future. Thank you to the following alumni who have elected to become members of the Evergreen Society by naming the Acacia Fraternity Foundation in their estate plans: Reg DeWayne Aldrich, Central Oklahoma John C. Barber M.D., Purdue John F. Beering, Purdue Scott J. Cleland, Ohio Keith B. Chandler, Iowa State Gerald C. Cook, Shippensburg Robert K. Craig, Colorado Robert M. Davis East Texas State Brian S. Downs, Central Oklahoma Randyl D. Elkin, Iowa State Scott C. Geist, Washington State James G. Gregory, Washington State John F. Hoffner, Purdue Scott James Houston, Indiana Richard N. Howell, Indiana Hilton A. Jones Jr., Washington State Justin M. M. Kaplan, Carleton

Leonard W. Kearney, Oregon State Daniel R. Lang, Northwestern Darold W. Larson, Washington State Amos D. Meyers Jr., Shippensburg John B. Pugh, Iowa State George F. Rapp, Indiana Robert E. Roberson, Illinois Wesleyan Michael L. Rollins, Washington Larry E. Schroeder, Georgia Graham Kirkland Simms, Texas Michael C. Smith, Northwestern Andrew James Stout Cal-Poly Pomona Steve C. Tapas, Illinois William A. Utic, Cornell John W. Wedgwood, Purdue Eric V. Zwigart, California of Pennsylvania

Recognizing Our Most Generous Lifetime Donors While our most generous Acacia alumni donors do not seek recognition, the Foundation board of directors believes these faithful contributors deserve to be recognized. Beginning at the 2018 Conclave in New Orleans, these donors were given a specially designed recognition pin that may be worn on the lapel at formal Acacia events. The pin is a round metal enameled pin bearing the following design:

Hypotenuse Club member pins will have one square filled in; Sons of the 47th member pins will have two squares filled in; and Semicircle of Pythagoras member pins will have all 3 squares filled in. The Hypotenuse Club: At least $5,000 in lifetime giving to the Foundation Lawrence L. Andre, Kansas State Robert L. Andring, Washington State Robert J. Barlow, Indiana John W. Baty, Iowa State Gary E. Beachner, Kansas State Scott A. Beckman, Washington Dr. Brian C. Behrends, Oregon State Thomas J. Boagni, Louisiana State Jeffrey T. Boaz, Illinois Wesleyan Roger B. Bowman, Oregon State Roger D. Brannan, Kansas State

Keith M. Bushey, Indiana Charles E. Buxton, Oregon State Christopher B.Carpentier, Indiana Stephen J. Casper IV, Iowa State James J. Chancellor, Louisiana State Patrick M. Chittenden, Indiana Kenneth A. Christenson, Washington State R. Lee Christie, Illinois Wesleyan Neil R. Cole, Nebraska Roger A. Crane, Louisiana State Steven B. Cutshall, Purdue

The Hypotenuse Club: At least $5,000 in lifetime giving to the Foundation Continued John N. Danks, Iowa State Jeremy N. Davis, Iowa State Derek D. Dawes, Kansas State Dustin S. Detzler, Indiana Christ Drossos Jr., Indiana Matthew C. Dunning, Wisconsin Dennis A. Dusek, Illinois George H. Ebbs, Purdue Dr. John R. Ebensberger, Iowa Rick C. Elliot, Kansas State James K. England, Iowa State Thomas S. Everett, Indiana R. Gene Fickel, Syracuse Russell E. Frew, Indiana Randolph S. Friedman, California Frederick N. Fritsch, Oregon State Bruce W. Froendt, Nebraska H. Benjamin Funk, Kansas State Matthew Gambardella, Rensselaer Bruce F. Garnand, Kansas State Patrick A. Gaughan, Illinois Ronald Gebhardtsbauer, Penn State Jerome A. Gordon III, Indiana James B. Goritsan, Oregon State F. Howare Halderman, Purdue Robert L.Hampton, Kansas State LTC Hal D. Hanes, Indiana Donald K. Hanes, Illinois Curtis R. Hapgood, Kansas State Thomas S. Hartman, Washington State Paul C. Hermanson, Iowa State Per Hilmo, Washington State James M. Hoenscheidt, Kansas State Maximillian J. B. Hopkins, California Douglas R. Horth, Purdue Donald R. Hoskins, Oregon State Robert D. Howlett, Iowa State Craig A. Hubbell, Washington Blake J. Hutchison, Wisconsin Jerome P. Jungels, Indiana Clyde E. Kendizierski, Long Beach State Jay E. King, Indiana Michael A. Koler, Ohio State Donald E. Larson Jr., Penn State Paul A. Larson, M.D., Northwestern Brant E. Lieske, Indiana Robert A. Lincicome, Illinois Woodrow W. Mann, Arkansas David L. Mari, Illinois Tomislav A. Marincic, Michigan Kevin T. May, Wisconsin Stewart K. McCollum, Oregon State Randall M. McCullough, Illinois Wesleyan

Patrick W. McGovern, Indiana Edward J. McGrath, Indiana George A. McNiel, Washington State Nathan C. Mentzer, Kansas State Thomas E. Mueller, Indiana Roger A. Nealis, Indiana Clifford D. Nelsen, Indiana Larry A. Nelson, Kansas State Clay L. Niemeyer, Ohio State Brock P. Nolan, Indiana Michael J. Oakes, Indiana Carlos E. Odio, Purdue Gordon D. Olson, Washington State Jeffrey D. Peace, Oregon State Jeffrey L. Peil, Iowa State David W. Powell, Indiana William H. Purcell, Indiana Dr. Charles L. Pyne, Kansas State Richard S. Rasmussen, California Frank E. Reeder, Shippensburg Mary L. Reid, Friend of Acacia Terry Lynn Resseguie, Kansas State Dr. Charles E. Rockwood, Illinois John A. Rosso, Arizona Arthur P. Roy, JD, Iowa State Jose R. Sanchez Jr., UCLA Wilbur G. Sandbulte, Iowa State James D. Schlick, Iowa State Thomas O. Schoellkopf, Indiana John E. Shrader, Iowa State Kerry W. Skelton, Purdue David W. Smith, Iowa State Joe D. Smith, Oregon State Timothy R. Stephenson, Oregon State Paul V. Stevens, Southern California Ralph N. Straley II, Penn State Charles F. Switzer, Oregon State Alan S. Tai, Washington State Stanley S. Tao, Indiana Britt W. Thomas, Oregon State Robert C. Trezise, Northern Colorado Jerry L. Tuttle, Iowa State Curtis W. Wakeham, Oregon State Michael D. Walker, Iowa State Dale W. Weber, PhD, Iowa State Douglas R. Whitney, Iowa State Albert H. Wiese, Iowa State Knox Williams, UCLA Jay W. Williams, Illinois Wesleyan Bert T. Wion, Oklahoma State Neil H. Woodley, Iowa State Mack E. Wootton, Indiana James TY. Wormley, Illinois Warren R. Young, Purdue David W. Zier, Oregon State

The Sons of the 47th: At least $10,000 in lifetime giving to the FoundationGeorge T. Abed, Oregon State Warren L. Anderson, Washington State Herbert M. Andrews, Penn State John C. Barber, M.D., Purdue William K. Barnow, Kansas State James D. Bassett, Kansas State Daniel D. Bayston, llinois Aivars Pilas Berzins, USN, Iowa State Dean R. Blanken, Colorado Travis J. Bowie, Kansas State

Timothy L. Bray, Indiana Dr. Dwyte E. Brooks, Sr., Northwestern Jack R. Burchfield, Central Oklahoma Stewart L. Burger, Cornell John P. Campbell, Iowa State Bruce M. Campbell, Iowa State Christopher James Caywood, Michigan Mark A. Christiansen, California C. F. K. Cole, Texas Albert S. Conly, Texas

The Sons of the 47th: At least $10,000 in lifetime giving to the Foundation continued Gerald C. Cook, Shippensburg Aaron P. Darcy, Indiana Laury E. Decker, Iowa State Brian R. Durst, Wisconsin Dr. Randyl D. Elkin, Iowa State Peter J. Eversole, Iowa State David L. Ferguson, Indiana Michael P. Fillman, Western Ontario Larry B. Forsland, Minnesota John R. Fralick, Kansas State Alex I. Fraser, M.D., Iowa State Richard T. Freije, Jr., Purdue David A. Fruchey, Purdue Robert E. Garrow, Indiana Rene A. Garza, Texas Guy G. Gebhardt, Illinois Wesleyan George E. Gillespie, Purdue Dr. Donald L. Good, Iowa State Ronald G. Graver, Kansas State Dr. Gene Greenlees, Texas Gary J. Haag, Kansas State John C. Haas, Kansas State Steven K. Haines, Indiana Gregory J. Hamer, Sr., Louisiana State Warren S. Hawkins, Louisiana State James E. Hayes, Purdue Destry W. Hood, Nebraska Ronald T. Hopkins, Syracuse Norman K. House, Kansas State Scott J. Houston, Indiana Larry L. Ihrig, Kansas State Paul G. Ingram, Oregon State George B. Jackson, Penn State Andrew Jee, Oregon State Mark H. Johnson, Purdue Glenn M Johnson, Louisiana State Lynn R. Johnson, Kansas State James N. Katsaounis, Ohio Charles J. Kinzel, Oregon State Darwin K. Klein, Kansas State Edward S. Knight, Texas Curtis A. Krizek, Kansas State Philip C. Larson, Iowa State Darold W. Larson, Washington State Laurence R. Letson, Nebraska Larry F. Lewis, Illinois Anthony D. Little, Oregon State Fred W. Loseke, Kansas State Laurence A. Lowry, Iowa State John M. Lundsten, Illinois Kris R. Lutt, Nebraska John T. Lynch, Iowa State Dr. Donald G. Lyon, Iowa State Larry J. McComber, Iowa State

James M. McDonald, Iowa State James L. McFarland, Wisconsin Martin T. McKnight, Oregon State Arthur E. Mertes, Illinois Scott H. Meyer. St. Cloud State Amos D. Meyers, Jr., Shippensburg Kelly D. Miller, Kansas State Ronald A. Mitchell, Colorado Robert R. Myers, Jr., Stephen F. Austin W. Jeffrey Neal, Kansas State Dallas L. Nelson, PhD, Kansas State Dr. W. Edward Null, M.D., Kansas State Joseph M. Orlesh, Jr., Louisiana State Gary A. Patterson, Kansas State John H. Peper, Texas Tim E. Poling, D.D.S., Kansas State Terry L. Poling, MD, Kansas State David R. Quick, Rensselaer Hollis W. Rademacher, Minnesota Donald M. Rasmussen, Kansas State Richard C. Rayburn, Illinois Robert E. Roberson, Illinois Wesleyan Michael L. Rollins, Washington Paul E. Ruby, Illinois Charles W. Sartain, Louisiana State Leon A. Scheffler, Kansas State Khozema Z. Shipchandler, Indiana Randolph K. Shoup, DDS, Indiana Donald W. Solanas, Jr., Louisiana State Arlo E. Sommers, Ohio State George W. Sorrells, III, Indiana Arland T. Stein, Purdue Andrew J. Stout, Cal Poly-Pomona Brian S. Strayer, Ohio State William H. Strong, Purdue Phillip S. Sutton, Ohio State Byron A. Tabor, Iowa Steven L. Taylor, M.D., Kansas State Terry L. Thoem, Iowa State William M. Thornton, Ohio State James I. Tims, Texas L. Lamar Tims,Texas Michael C. Tu, California Kenneth A. Wagner, Illinois L. David Waibel, Purdue Dean K. Wallace, Kansas State John W. Wedgwood, Purdue Dr. William L. White, Kansas State Daniel B. Williams, California Larry A. Wogahn, Iowa State David E. Wolfe, Iowa State Clay D. Woolfolk, Jr., Kansas State Harold D. Zarr, Jr., Iowa State Howard S. Zwiefel, III, Cornell Eric Vaughn Zwigart, California of Pennsylvania

The Semicircle of Pythagoras: An exceptional lifetime contribution levelPhillip L. Baker, M.D., Iowa State David S. Baum, Indiana John F. Beering, Purdue Jerry W. Crossett, Iowa State James H. Davis, Iowa State David H. Fifield, Iowa State Dr. David R. Fischell, Cornell Edgar H. Grubb, Penn State James M. Hanson, Iowa State

John F. Hoffner, Purdue Leonard W. Kearney, Oregon State Dr. John B. Lane, Vermont Daniel R. Lang, Northwestern G. Hank Nystrom, Iowa State Joseph D. Patton, Jr., Penn State Dr. George F. Rapp, Indiana William M. Riley, Jr., Kansas State Stanley A. Roberts, Oregon State

The Semicircle of Pythagoras: continued Theodore H. Schnormeier, Iowa Larry E. Schroeder, Georgia Richard W. Taylor, Iowa State Robert G. Travnicek, MD, Kansas

Dewayne Edward Ullsperger, Nebraska William A. Utic, Cornell James D. Weaver, Indiana Richard I. Williams, Grand Valley State

Honorary and Memorial Contributions The Foundation received the following honorary and memorial contributions during the past year: Indiana - Peter Jeske Memorial Scholarship Michael J. Oakes, Indiana Indiana Acacia Alumni Association Ms. Jacqueline Toombs, Friend of Acacia Ohio State - John Nourse Memorial Scholarship Brian Scott Strayer, Ohio State Long Beach - Norman C. Saatjian Scholarship Charles R. Hutchinson, Jr., Long Beach State Oregon State - Richard S. Reid Scholarship George T. Abed, Oregon State Dennis D. Beardsley, Oregon State James B. Goritsan, Oregon State Donald R. Hoskins, Oregon State Dan A. Hytrek, Oregon State Lloyd D. Johnston, Oregon State Leonard W. Kearney, Oregon State Jerry G. Lear, Oregon State Anthony D. Little, Oregon State Philip W. Newman, Oregon State Reginald R. Reisenbichler, Oregon State Robert O. Weed, Oregon State Penn State - G. Kenneth Nelson Memorial Scholarship Donald C. Clagett, Penn State Robert L. Falzone, Penn State William H. Farrell, Penn State

Penn State - G. Kenneth Nelson Memorial Scholarship continued Jason A. Gehrig, Penn State Richard W. Hegarty, Penn State Craig Stephen Huse, Penn State George B. Jackson, Penn State Nelson K. Jesse, Penn State CPT John R. Kaufman, Penn State Michael V. Pirrotta, Penn State Neil C. Ray, Penn State Gregory W. Sayler, Penn State Christopher W. Soika, M.D. , Penn State Purdue - Leonard E. Wood Chapter Advisor's Scholarship Steven B. Cutshall, Purdue Wisconsin - Michael S. Hannes Memorial Scholarship William C. Andrae, Wisconsin David J. Engeldinger, Wisconsin Paul K. Hurlbut, Wisconsin Blake J. Hutchison, Wisconsin Kevin T. May, Wisconsin James L. McFarland, Wisconsin Alan B. Scher, Wisconsin Matthew R. Schueller, Wisconsin Joshua R.Zimmers, Wisconsin Washington State - Lester N. Liebel Scholarship Robert D. Paine, Washington State

In Memory of Past President Irving M. Field, Missouri ‘54 Thomas E. Bolman, Miami of Ohio ‘63 In Memory of CDR William G. Foster USN, Syracuse ‘38 The Family of CDR William G Foster In Memory of COL Nevin R Willams USA, Ohio ‘54 Ms. Belemina C. Anderson In Memory of Dominic L. Montanez Cal Poly-Pomona ‘83 The Family of Dominic L. Montanez In Memory of Dr. David H. Madsen, Northwestern ‘65 The Family of Dr. David H. Madsen In Memory of James L. Farris, Purdue ‘61 The Family of James L. Farris

In Memory of James R Dohren, Illinois Wesleyan ‘62 Dennis L. Kohan, Illinois Wesleyan ‘65 In Memory of Joseph L. Prior, Cinncinatti ‘54 Edward J. Goodman, Miami of Ohio ‘86 In Memory of Edward G. Hempel, Rensselaer ‘49 The Family of Edward G. Hempel In Memory of Jason A. Gehrig, Penn State ‘89 The Family of Jason A. Gehrig In Memory of Kurt E. Saska, Illinois Wesleyan ‘81 Robert E. Roberson Illinois Wesleyan ‘74 In Memory of Jeremy E. Brunner, Illinois Wesleyan ‘01 Robert E. Roberson Illinois Wesleyan ‘74

In Memory of Lee R. McDonald, Iowa State ‘57 The Family of Lee R. McDonald

In Memory of Neal E. Anderson, Wisconsin, ‘57 Ms. Nicole Simon, Friend of Acacia In Memory of Weldon T. Graham, Texas ‘68 Zilmon F. Smith, Texas ‘68

In Memory of Warren L. Anderson, Washington State, ‘64 Marvin R. Skaggs, Texas ‘59

In Memory of Tom A. Dorsey, Washington State ‘77 Reid A. Ahif, Washington State ‘79

In Memory of Tom A. Dorsey, Washington State ‘77 John P. Byrne, Washington State ‘78 Clifton L. Clark, Washington State ‘81 Robert A. Divelbiss, Washington State ‘77 Jeffrey J. Eller, Washington State ‘82 Alex Merlich, Washington State ‘75 Clifford J. Monlux, Washington State ‘78 Michael J. Morrow, Washington State ‘80 Jeffrey A. Olson, Washington State ‘84 Michael S. See, Washington State ‘82 Brett C. Thomas, Washington State ‘78 Cal & Karen Shaul, Friends of Acacia

Educational Grants The Foundation awarded $377,177 in educational grants to chapters and $233,693 to Acacia Fraternity headquarters for the year. Foundation grants support Acacia Fraternity’s Darold W. Larson Acacia Leadership Academy held each summer, the Leonard W. Kearney Leadership Summit held during winter semester break, and Fraternity staff support to chapters, colonies, and expansions. Grants also cover educational programs provided by Acacia’s headquarters staff and part of the publishing cost of the Triad and Acacia’s e-newsletters. In addition to those already mentioned, grants awarded by the Foundation during the past year supported the following educational activities:

• Leadership and other member achievement awards • Educational seminars, faculty speakers and community service projects • Chapter library materials, including furniture and computers • Internet and campus computer system connections, equipment, and monthly fees • Study programs including rental of on-campus study rooms • Renovation, maintenance and operation of the qualified educational portion of chapter houses • Chapter registration and travel expenses for attending the Acacia Leadership Academy and Officer Leadership Summit Scholarship Awards The Foundation awarded 232 scholarships totaling $149,817 during the past fiscal year. Scholarship recipients were: Duncan McPherson Memorial Fraternityship Nick Partipilo, Illinois Wesleyan $3,000 George F. Patterson Memorial Scholarship Brennan Flaherty, Wisconsin $3,000 Larry E. Schroeder Scholarship Carter Brownlee, Carleton $1,000 Acacia Fraternity Foundation Scholarships Dylan DeMuth, Wisconsin $1,000 Caleb Fitch, Iowa $1,000 Mason Merkel, Purdue $1,000 Andrew Santacecilia, Penn State $1,000 William Clark, LSU $1,000

Pandemic Assistance Fund Scholarships Nathan Hascall, Washington State $750 Nikolas Lokic, CA Univ. of PA $750 Jonathan Logan, Nebraska $750 Cody Bollum, Arizona $750 Dhairy Patel, Ohio State $750 Felix Yu, Univ of California Berkeley $750 Clark Purdy, Illinois State $750 David J. Allen Memorial Scholarships Will Maher, Indiana $1,000 Barnabas Shieferaw, Indiana $1,000 Jack Ferguson, Illinois State $1,000 Jake Welker, Illinois State $1,000

Emma C. Allen Memorial Scholarships Jack Maher, Indiana $1,000 Joseph DiVito, Indiana $1,000

Ling Western Colonies and Chapters Endowment Scholarships Jarden Texeira, Washington State $1,000

California University of PA Eric V. Zwigart Omicron Class Leadership Scholarships Casey Zajicek, C.U.P. $1,000 California University of PA Alex Adams, C.U.P. $545 Wade Wolfgang, C.U.P. $200 Casey Zajicek, C.U.P. $200 Nikolas Lukic, C.U.P. $300 Mason Ramsburg, C.U.P. $200 Indiana Arthur D. Lautzenheiser Memorial Scholarships Gabriel Aloi, Indiana $1,500 Nick Cohoon, Indiana $1,500 Jacob Lukasik, Indiana $1,500 Nate Shatkowski, Indiana $1,500 Gabrial Aloi, Indiana $1,500 Nick Cohoon, Indiana $1,500 Casey Daleiden, Indiana $1,000 Christopher Abunassar, Indiana $1,000 William Maher, Indiana $1,000 Larry Chen, Indiana $1,000 Jack Milton, Indiana $1,000 Cameron Soltz, Indiana $1,000 Noah Zimmerman, Indiana $1,000 Indiana Kyle P. Simcoe Memorial Scholarships Alex Moss, Indiana $1,250 Jackson Hanchett, Indiana $1,250 Ben Jordan, Indiana $1,000 Colorado Scholarship Fund Fall Scholarships William Franzen, Colorado $1200 Alexander Rodriguez, Colorado $800 Jacob Agona, Colorado $600 Alexandre Vaillancourt, Colorado $600 Elan Goldstein, Colorado $600 Dennis Krimer, Colorado $600 Zachary Marks, Colorado $600 Robert Clark, Colorado $400 Cooper Dale, Colorado $400 Kyle Thomas, Colorado $400 Adam Southall, Colorado $400 Colorado Scholarship Fund Spring Scholarships William Franzen, Colorado $1200 Charles Ques, Colorado t $1200 Trey Johnson, Colorado $800 Jack Kaufman, Colorado $800 Jacob Agona, Colorado $600 Caleb Jimenez, Colorado $600 Dennis Krimer, Colorado $600 Michael Maciejewski, Colorado $600 Robert Clark, Colorado $600 Carlo Pine, Colorado $600 Alexander Rodriguez, Colorado $600

Colorado Scholarship Fund Spring Scholarships continued Alex Thompson, Colorado $600 Alexandre Vaillancourt, Colorado $600 Daniel Zandstra, Colorado $600 Christian Bruno, Colorado $400 John Collins, Colorado $400 Elan Goldstein, Colorado $400 Allen Ji, Colorado $400 Christopher Nylund, Colorado $400 Devon Paris, Colorado $400 Dillon Tackett, Colorado $400 Illinois State Scholarships Fall 2020 Max Armas, Illinois State $250 Anthony Guy, Illinois State $250 Anthony Lenehan, Illinois State $250 Justin Paulsin, Illinois State $250 Illinois Wesleyan Scholarships Spring 2021 Alexander Hathaway, Illinois Wesleyan $500 Lucas Sawilchik, Illinois Wesleyan $500 Drew Smith, Illinois Wesleyan $500 Deonta Mitchell, Illinois Wesleyan $500 Lucas Feiden, Illinois Wesleyan $750 Tristan Hyde, Illinois Wesleyan $750 Nicholas Partipilo, Illinois Wesleyan $750 Michael McGarrity, Illinois Wesleyan $750 Jonathan Panton, Illinois Wesleyan $750 Iowa ASP Scholarships (Fall 2020) Chance Lounsbury, Iowa $4,527.91 Tyler Kamp, Iowa $198.30 Dylan Glawe, Iowa $198.39 Josh Wolf, Iowa $172.51 Max Gonzalez, Iowa $172.51 Zach Taylor, Iowa $167.34 Dylan Newbury, Iowa $155.26 Tim Mumm, Iowa $151.81 Grant Brown, Iowa $148.32 Jack Ossenkop, Iowa $146.64 Cole Belcher, Iowa $146.64 Jake Dagys, Iowa $146.64 Fabian Vega, Iowa $146.64 Richard Dinh, Iowa $146.64 Ryan Yuson, Iowa $146.64 Kayle Fairchild, Iowa $146.64 Ben Price, Iowa $146.64 James Trainor, Iowa $146.64 Caleb Fitch, Iowa $129.38 Sam Hook, Iowa $129.38 Jonah Blondino, Iowa $129.38 Cole Hillier, Iowa $129.38 Ethan Hahn, Iowa $128.97 Connor Swim, Iowa $117.37 Jarod Moeller, Iowa $112.13 Jon Teitelbaum, Iowa $99.19 Andrew Corona, Iowa $99.19 Hunter Utsler, Iowa $99.19 Jackson Solsma, Iowa $99.19 Sullivan Gregory, Iowa $86.26 Konner Douglas, Iowa $86.26 Austin Johnson, Iowa $86.26 James Williams, Iowa $77.99 Connor Peterson, Iowa $62.10 Shawn Hiramatsu, Iowa $56.07 Nicholas Downey, Iowa $43.13

Iowa ASP Scholarships (Fall 2020) continued Kevin Berg, Iowa $43.13 Jack Moran, Iowa $43.13 Blake Quarrie, Iowa $43.13 Eddie Vega, Iowa $43.13 Noah Rothermel, Iowa $43.13 Jack Tierney, Iowa $43.13 Shane Arnold, Iowa $43.13 Marco Guadiana, Iowa $43.13 Ryan Kaczynski, Iowa $43.13 Hayden Witmer, Iowa $43.13 Jacob Smith, Iowa $43.13 Kyle Leininger, Iowa $43.13 Iowa Chapter MacBride Scholarships Samuel Haackm $500 Drew Hawthorne $500 Hasya Joshi $500 David Kim $500 Daniel A. Klysh $500 Omar Mustafa $500 Keegan Nagel $500 Carter Wells $500 Micah Williams $500 Iowa State – Edwin Drdla Educational Fund Scholarships Fall 2020 Benjamin Porter, Iowa State $1000 Nathaniel Bennett, Iowa State $975 Gabriel Kjeldgaard, Iowa State $975 Hogan Lee, Iowa State $975 Stephen Parks $975 Ethan Richards, Iowa State $975 William Sibilski, Iowa State $975 Benjamin Hadzidedic, Iowa State $675 Matthew Roth, Iowa State $675 Jonathan Kelly, Iowa State $500 Nicholas Benjamin, Iowa State $475 Logan Carpente, Iowa State r $475 Nino Castaneda, Iowa State $475 Nathaniel Harter, Iowa State $475 Jonathan Kelly, Iowa State $475 Zachary Riedemann, Iowa State $475 Iowa State – Edwin Drdla Educational Fund Scholarships (Spring 2021) Christian Simmons, Iowa State $475 Blake VanDerKamp, Iowa State $475 Gabriel Kjeldgaard, Iowa State $975 Ethan Richards, Iowa State $975 William Sibilski, Iowa State $975 Blake VanDer Kamp, Iowa State $975 Nicholas Benjamin, Iowa State $675 Benjamin Hadzidedic, Iowa State $675 Nathaniel Harter, Iowa State $675 Graysen Hunter, Iowa State $675 Jonathan Kelly, Iowa State $675 Hogan Lee, Iowa State $675

Iowa State – Edwin Drdla Educational Fund Scholarships (Spring 2021) continued Matthew Roth, Iowa State $675 Logan Carpenter, Iowa State $475 Nino Castaneda, Iowa State $475 Maximillian Hovar, Iowa State $475 Steven Parks, Iowa State $475 Christian Simmons, Iowa State $475 Louisiana State Scholarships (Fall 2020) Daniel Guillie, LSU $750 Joseph Aguda, LSU $750 Dylan McDonald, LSU $750 Grant Lapeyronnie, LSU $750 Marco Perez, LSU $750 Michael Shea, LSU $600 Andrew Richardson, LSU $600 Kaden Ryan, LSU $450 Noah Diez, LSU $425 Christian Taulli, LSU $300 Jacob Knoll, LSU $100 Louisiana State Scholarships (Spring 2020) Michael Shea, LSU $650 Noah Diez, LSU $600 Dylan McDonald, LSU $250 Christian Taulli, LSU $250 Grant Lapeyronnie, LSU $250 Marco Perez, LSU $250 Andrew Richardson, LSU $250 Joseph Aguda, LSU $250 Michael Barkemeyer, LSU $250 Quinn Thibodaux, LSU $250 Philip Melton, LSU $250 Charles Joriman Scholarship Derek Thury, St. Cloud State $500 Donald H. Arvold Scholarship Alexander Finch, St. Cloud State $1,000 Gavin Dandelet, St. Cloud State $500 Cody Moccia, St. Cloud State $500 L Ronald Letson Scholarship Jonny Logan, Nebraska $1,000 North Carolina Recruitment Scholarship Jared Bowen, UNC $750 Oregon State Richard S. Reid Scholarships Spring 2021 Marcello Cardona, Oregon State $1,000 Brandon Hughes, Oregon State $1,000 Matthew Little $1,000 Walker Leirman, Oregon State $1,000 Owen Ross $1,000 Drew Sain, Oregon State $1,000 Elijah Shumway, Oregon State $1,000

Penn State W. Russell Scott Memorial Scholarship Kenny McPherson, Penn State $750 Penn State G. Kenneth Nelson Memorial Scholarships Andrew Santacecilia, Penn State $400 Penn State Glenn C. Ream Memorial Scholarship Prince Gabriel, Penn State $400

Purdue Leonard E. Wood Chapter Advisor’s Scholarships Kaleb Dunn, Purdue $2,500 Mason Merkel, Purdue $2,500 Aaron Varnau, Purdue $2,500 Benjamin Walbaum, Purdue $2,500 Wisconsin Michael S. Hannes Memorial Scholarships Dylan DeMuth, Wisconsin $500 Jack Deidrich, Wisconsin $500 Brennan Flaherty, Wisconsin $500 Carson Newby, Wisconsin $500 Koffi Koudanhenou, Wisconsin $500

Chapter Accounts The Foundation has established accounts for every chapter and colony. Many chapters have established additional accounts for special purposes such as building funds and named scholarships. Please refer to the attached financial statement for a complete list of chapter accounts. Chapter accounts can be used to support qualified educational activities, including: • Cornerstones, Acacia’s undergraduate member development program • Chapter scholarships and membership recruitment scholarships • Leadership and other member achievement awards • Educational seminars, faculty speakers and community service projects • Chapter library materials, including furniture and computers • Internet and campus computer system connections, equipment, and monthly fees • Study programs including rental of on-campus study rooms • Renovation, maintenance, and operation of the qualified educational portion of chapter houses • Expenses for attending the Acacia Leadership Academy and Officer Leadership Summit The Foundation credits investment earnings to chapter accounts that maintain balances of $1,000 or more. Endowments Foundation endowments provide an opportunity for donors to make a lasting contribution to Acacia’s future. Donors may establish a named endowment with an initial contribution of $25,000. Donors may also make gifts of any size to any of the following Foundation endowments. During this fiscal year, the Foundation received a generous lead gift creating our newest Endowment, the Scholarship Recruitment Endowment. Scholarship/Recruitment Endowment - Contributions to this endowment provide Acacia Chapters and Colonies funds to offer Leadership Scholarships to potential and future Acacians at their university. The Scholarship/Recruitment Program assists in identifying quality potential new members and for the recruitment process. Acacia Fraternity Endowment - Contributions to this endowment provide a permanent source of funding for Acacia Fraternity headquarters. Chapter Support Endowment - Contributions to this endowment provide a permanent source of funding for chapter development. (Examples include Acacia Fraternity staff and travel expenses for extended on-site support, funding for at-risk chapters and scholarship recruitment programs.) Communications Endowment - Contributions to this endowment provide a permanent source of funding to increase the effectiveness of Acacia’s undergraduate and alumni communications. (Examples include the Triad, Crest, e-newsletters, chapter publications, social media and alumni gatherings.) Darold W. Larson Leadership Programs Endowment - Contributions to this endowment provide a permanent source of funding for Acacia Fraternity’s leadership development programs. (Examples include Cornerstones, the annual Darold W. Larson Leadership Academy and Lee Kearney Leadership Summit, chapter officer and alumni leadership gatherings and development of alumni leaders.)

Foundation Future Endowment - Contributions to this endowment provide a permanent source of funding to sustain Foundation growth. Foundation Scholarship Endowment - Contributions to this endowment provide a permanent source of funding for growth in the number and amount of annual Foundation scholarship awards. Internship Endowment - Contributions to this endowment provide a permanent source of funding to advance Acacia Fraternity by engaging exceptional undergraduates as interns, developing their personal growth through management experience and other professional opportunities as temporary staff members of the Fraternity or Foundation. Foundation Operating Expenses The Foundation makes every effort to minimize expenses and maximize annual and long-term support for the educational activities of the Fraternity. Foundation directors pay their own travel and meeting expenses. The Foundation’s operating expenses (excluding grants and scholarships) for the fiscal year totaled $237,131. The Foundation has two full time employees, Executive Director Darold W. Larson, Washington State ’81 and Director of Alumni Engagement Jeff Boaz, Illinois Wesleyan ’89. The Foundation also pays for part time bookkeeping, data entry and donor records maintenance support. Other Foundation operating expenses include payroll service fees, bank and merchant fees for donations made by credit cards or electronic fund transfers, computer and fundraising software fees, staff travel, donor development activities, fundraising and National Interfraternity Conference Foundation participation. In addition, the Foundation reimburses Acacia Fraternity for use of its headquarters office space, office equipment, and information systems which support the Foundation’s administrative and fundraising activities. The Foundation reimbursed the Fraternity $44,151 for these and other Foundation support costs last year. Foundation Investments The Foundation’s Investment Committee monitors and prudently invests the financial assets of the Foundation. Foundation assets on June 30, 2021, were $4,548,899, an increase of $1,120,005 for the year. The Foundation has two investment funds at UBS, a conservative fund and a managed fund. Either option may be selected for your account(s). The conservative option is designed to safeguard the principal balance of your account. It currently consists of an FDIC insured savings account and a money market fund. Investment earnings are generally modest in line with short-term bond yields. This option is a prudent choice for accounts being used to fund a current project or commitment. UBS reported the net time-weighted rate of return on this account since its opening on September 18, 2019, through June 30, 2021, as 0.53%. The managed account option provides an opportunity for significantly higher investment earnings over time; however, this option may lose value during investment market downturns. This investment option uses a mix of fixed-income and equity investments and is a prudent choice for endowments and accounts where long-term growth is desired. Most chapter accounts select this investment option. UBS reported the net time-weighted rate of return on this account from its opening on September 27, 2019, through June 30, 2021, as 15.58%. IRS Compliance All Foundation expenditures, scholarship awards and educational grants are carefully reviewed and documented in compliance with IRS rulings and guidance to ensure the continued federal tax-deductibility of donations to the Foundation. Membership The membership of the Foundation is comprised of all active, alumni and honorary members in good standing with Acacia Fraternity who contribute to the Foundation during the period between Annual Meetings. At the end of the 2020-2021 fiscal year the Foundation had 1,079 members.

Board of Directors The members elect representatives at each Annual Meeting to the Foundation’s Board of Directors, which oversees the affairs of the Foundation. The Board of Directors is presently composed of 25 voting directors and 7 non-voting emeritus directors representing 24 different Acacia chapters. The Foundation welcomes inquiries and suggestions from alumni, young and old, interested in serving on the board of directors. Current members of the Board of Directors being nominated for an additional three-year term on the board, to be voted on at the 2021 Annual Meeting:

• Dwyte Brooks, Northwestern '69 - DMD, FAGD, FADL. American Dental Association delegate (retired), Council on Ethics, Bylaws and Judicial Affairs; ADA Standing Committee on Constitution and Bylaws; Clinical Faculty, UNLV School of Dental Medicine; President of the board for Helping Kids Clinic charity. Helped to distribute and give vaccines across the state of Nevada. Resides in Las Vegas, NV with his wife of 52 years Sue.

• Guy Gebhardt, Illinois Wesleyan '66 - Chapter rush chairman and Venerable Dean, member Interfraternity Council. Order of Pythagoras. J.D. from Vanderbilt University School of Law. Guy practiced law in Atlanta for 17 years prior to joining the Justice Department’s United States Trustee Program supervising bankruptcy cases. Now retired, Guy serves as a trustee of the Georgia Rotary Student Program and resides in Marietta, Georgia.

• Kris Lutt, Nebraska '90 - Current President Foundation Board of Directors. Order of Pythagoras, Award of Merit. Venerable Dean Nebraska 1991-1992; International Undergraduate Councilor 1992-1994. President-Sweeteners, Starches and Acidulants, Archer Daniels Midland Inc.; resides in Decatur, IL

• Amos Meyers, Shippensburg '66 - Order of Pythagoras, Award of Merit, George F. Patterson, Jr. Award. Immediate Past President Foundation Board of Directors. Elementary teacher and administrator (retired); resides in Oro Valley, AZ

• Mike Rollins, Washington '87 – Order of Pythagoras, Account Executive- Midwest, Matson Navigation Company. Resides in Grayslake, IL with his son Luke, wife Colleen, and Black Lab Poppy.

• Phil Sutton, Ohio State '88 - Order of Pythagoras. Rush Chairman, Senior Dean, and Venerable Dean, and Rush Coordinator and then President of the Interfraternity Council. Previously, a member of the Ohio State Association Board. Retired from Marathon Petroleum Company. Resides in Columbus, Ohio.

• Dewayne Ullsperger, Nebraska '82. - Venerable Dean Nebraska 1984-1985; Roy C. Clark Award, Order of Pythagoras, Award of Merit, George F. Patterson, Jr. Award. Vice President and Actuary, UnitedHealth Group; resides in Minnetonka, MN

Continuing their elected terms on the Board of Directors: • Gerald C. Cook, Shippensburg ’66 – Order of Pythagoras, Award of Merit, George F. Patterson, Jr.

Award.; President Foundation Board of Directors 1994-1998; International Council President 1998-2002; Past Southern Region Director of Planned Parenthood Federation of America. Lead Public Health Advisor (retired) for the Centers for Disease Control and Prevention (CDC) Atlanta, GA. Resides in Roswell, GA.

• John Clifton Davis, New Hampshire ’82 – Order of Pythagoras. John brings to the Foundation Board an extensive background in Alumni Affairs and Fundraising, serving several universities and colleges as Executive Director of Advancement and Alumni Relations or in a Vice Chancellor for Development role. Currently, John is the Associate Vice President for College Advancement for Saint Anselm College, Manchester, NH. Resides in Bedford, NH

• Brian R. Durst, Wisconsin ’87 – Order of Pythagoras, Award of Merit, Re-founding Father, Wisconsin Chapter. Wisconsin house corporation board president. Agency Business Consultant, American Family Insurance; resides in Woodstock (Atlanta), GA

• David L. Ferguson, Indiana ’74 – Order of Pythagoras, Award of Merit. Chapter Advisor Indiana 1984-1991, Attorney at Ferguson Law. Resides in Bloomington, IN, with wife Kay and their children.

• Michael P. Fillman, Western Ontario ’85 – Michael Fillman is a founding member of the University of Western Ontario chapter and served as its first elected Venerable Dean. He has been awarded the Order of Pythagoras and the Award of Merit and was a member of the International Council from 1990-1998, acting as Treasurer. Michael is a technology industry veteran specializing in corporate development, advising some of the world’s largest software companies on acquisitions and mergers. He is retired and currently sits on the Board of Advisors for several software companies and non-profit organizations. He resides in Newport Beach, California.

• Andrew Jee, Oregon State ’87 - Order of Pythagoras, Award of Merit. Past Leadership Consultant on Acacia International Staff. Foundation Board of Directors 2010-Present. Current Vice President and Chair of the Scholarship Committee. Attorney with Jee Law, PLLC; resides in Dallas, TX

• David R. Quick, Rensselaer Polytechnic ’93 – Past Director Ascentium and Development Manager CommerceServer.net/SiteCore; Co-founder Renasar Technologies Inc.; Currently a board member at Kingswood-Oxford School (West Hartford, CT) and Development Manager for Microsoft Azure. Resides in Atlanta, GA

• Dale E. Redman Louisiana State ’67 – Dale E. Redman Louisiana State ’67 –Order of Pythagoras, Dale was initiated into Acacia in March 1967 at Louisiana State University. As an undergraduate he served as Rush Chairman and Venerable Dean. He received a B.S. in 1970 and M.S. in 1972 from LSU. After graduation, he served for several years on the Acacia House Corporation for the LSU Chapter and in 2006 received the LSU Greek Excellence Award for Acacia. In 2015, he was inducted into the LSU E. J. Ourso College of Business Hall of Distinction. His business career started as a CPA in public accounting with Ernst & Ernst. He subsequently served as the Chief Financial Officer for several public companies, was an officer in the Army National Guard from 1970 to 1979, taught Corporate Finance at LSU from 1999 to 2007. He retired in 2015. Dale and his wife Kathleen live in Baton Rouge on LSU Avenue! They have been married for 50 years and have three sons and six grandchildren.

• Robert E. Roberson, Illinois Wesleyan ’74 – Order of Pythagoras, Award of Merit, George F. Patterson, Jr. Award. Illinois Wesleyan house corporation board president; Foundation Director 1998-2001; International Council Treasurer 2001-2009; International Council President 2009-2014; Compliance Examiner for the Federal Deposit Insurance Corporation, retired; resides in Richview, IL

• Larry E. Schroeder, Georgia ’77 – Order of Pythagoras, Award of Merit, George F. Patterson, Jr. Award. Past Foundation Treasurer. Program and software development at McDonnell Douglas Automation, General Dynamics, IBM and Unicom Systems. Resides in Cary, NC.

• Donald W. Solanas, Jr., Louisiana State ’68 – Order of Pythagoras, Award of Merit, George F. Patterson, Jr. Award, Donald W. Solanas, Jr. Lifetime Service to Acacia Award. Venerable Dean Louisiana State, National Undergraduate Councilor 1971-1972, National and International Second Vice President 1982-1992, International Council President 1992-1998. Past Foundation president. Co-Owner and Chief Operating Officer Arrowhead Energy Exploration, LLC; resides in Baton Rouge, LA

• Byron A. Tabor, Iowa ’78 – Order of Pythagoras, Award of Merit. Iowa Colony and Chapter Advisor; Corporation Board member 2001-present; Kiwanis member serving as Lt. Governor six times, currently the assistant Nebraska-Iowa District Key Club Administrator. Recently retired as a computer programmer for the derivatives team in the Investments Division of AEGON Asset Management. Resides in Cedar Rapids, Iowa.

• Robert (Bob) G. Travnicek, M.D., Kansas ’59 - Order of Pythagoras, Award of Merit. Joined the U.S. Public Health Service in 1966; Private Practice of Medicine Wilber Nebraska 1968-1989; Harvard School of Public Health 1989-90; District Health Officer Mississippi State Department of Health 1990-2013; Felix Underwood Award; Donald Evans Sutter Award; Physician Service Award; retired July 2013. Resides in Long Beach, MS.

• Michael C. Tu, California ’91 – Order of Pythagoras. Attorney and Partner Cooley LLP, where he specializes in securities litigation at the Los Angeles office; resides in La Canada Flintridge, CA

• Dewayne E. (Dewey) Ullsperger, Nebraska ’82 – Venerable Dean Nebraska 1984-1985; Roy C. Clark Award, Order of Pythagoras, Award of Merit, George F. Patterson, Jr. Award. Vice President and Actuary, UnitedHealth Group; resides in Minnetonka, MN

• William A. (Bill) Utic, Cornell ’74 –Order of Pythagoras, Award of Merit, George F. Patterson, Jr. Award. Bill is a founding director of the AFF and served as president from 1998-2010. Past president of the California house corporation. Foundation Treasurer. Manager Corporate Real Estate, Pacific Gas and Electric Company (retired). PE, AICP, CCIM, FMA, RPA. Resides in Fremont, CA

• Richard I. Williams, Grand Valley State ’00 – Order of Pythagoras. Foundation Board of Directors 2018 - Present. Attorney and Consultant; Resides in Grand Rapids, MI.

• Eric V. Zwigart, California of Pennsylvania – Order of Pythagoras. Foundation Board of Directors 2018 – Present. Eric joined the United State Marine Corps as a Military Police Officer reservist while attending Cal. U. After graduation, he completed his time in the USMC Reserves, Eric began working for a family owned company in Southern California, Chalet Products Company. Currently the Founder and CEO RPP Products, Inc. Started in 2006, RPP Products has rapidly grown into a $100M company, and is a leader in Convenience Retail, as well as other retail channels.

Emeritus Directors: Seven former directors participate in board of director meetings as non-voting emeritus directors. The Foundation continues to benefit from their advice and participation:

• John C. Barber, M.D. Purdue ’58 – Ophthalmologist (retired); resides in Pittsburgh, PA • John F. Beering, Purdue ’88 – Order of Pythagoras, Award of Merit, President United Access LLC, Past Vice President

Acacia Fraternity Foundation, Current Vice President Purdue Housing Corporation; resides in Chesterfield, MO. • Ronald T. Hopkins, Syracuse ’69 – Order of Pythagoras, Award of Merit, George F. Patterson, Jr. Award.

International Council Treasurer 1985-1990. President, George O. Miller Co.; resides in Fayetteville, NY

• James N. Katsaounis, Ohio ’95 – Order of Pythagoras, Award of Merit. Past Director of Communications on Acacia International Staff. Ohio house corporation president. Foundation secretary 2011-2019. Past director of public relations, Grand Lodge Free & Accepted Masons of Pennsylvania.

• John B. Lane, Vermont ’57 – Professor of mathematics and computer science (retired); resides in Cambridge Springs, PA

• William M. (Bill) Riley, Jr., Kansas State ’60 – Retired foundation executive and business owner/investor, resides in Manhattan, KS

• John W. (Jack) Wedgwood, Purdue ’60 – Investment manager, DWR Wealth Management; resides in San Jose, CA

Retiring from the Board of Directors at the 2020 Annual Meeting:

• Aaron P. Darcy, Indiana ’95 – Roy C. Clark Award, Order of Pythagoras. International Undergraduate

Councilor 1996-1998. General Manager, Global Sales & Marketing for Microsoft; resides in Raleigh, NC. • Benjamin P. DeBenedictis, Arizona State ’18 – Benjamin served as Undergraduate Director, a non-voting

member of the AFF Board. He is a past Jr. Dean and Rush Chairman. He is a business major and when not in Tempe, AZ resides with his family in Castle Rock, Colorado.

We thank Aaron and Benjamin for their many years of dedicated service to Acacia and the Foundation. With sadness we report the passing of former AFF Director L. Dennis Smith, Ph.D., Indiana ’56 – Professor (retired) and President Emeritus of the University of Nebraska; resides in Monticello, IN and Naples, FL. We extend our condolences to all who knew him.

Annual Meeting The Foundation’s 2020 Annual Meeting was held Saturday, August 19, 2020, at 1:00 p.m. eastern. The meeting was conducted via Zoom. The minutes of the 2020 Annual Meeting are attached to this report. The 2021 Annual Meeting will be held on Saturday July 31, 2021, at 1:00 p.m. eastern at The Meeting House 2000 E. New Market St, Carmel, IN 46032. Tax and Contact InformationThe Foundation was established on August 18, 1989, under the laws of the State of Indiana and is a qualified tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code. Contributions are tax-deductible to the full extent provided by law. The Foundation’s Federal Tax ID is 35-1778332. The Foundation’s offices are co-located with Acacia Fraternity at its headquarters at 12721 Meeting House Road, Carmel, Indiana 46032. The Foundation can be contacted at the above address, by calling 317-872-8210 or by E-mail to: [email protected]. Conclusion On behalf of the Board of Directors, thank you for your support of Acacia Fraternity through the Acacia Fraternity Foundation. A copy of the Foundation’s 2020-2021 summary financial statement is included as an attachment to this report. We invite you to renew your support to Acacia with a generous donation to the Exceptional (Annual) Fund this fall and to include the Foundation in your estate planning. You can show your continuing support by visiting acacia.org/donate and give your gift to the Black and Gold. Fraternally,

Kris R. Lutt, Nebraska, ’90 Darold W. Larson, Washington State President, Acacia Fraternity Foundation Executive Director Attachments:

FY 20-21 Summary Financial Statement 2020 Annual Meeting Minutes

INCOME EXPENDITURES

Donor Contributions: Management and General:Exceptional Fund - Unrestricted Portion $230,114 Accounting Fees $2,228

Exceptional Fund - Board Discretionary Portion $21,075 Bank Charges $8,125Unrestricted Major Gifts ($25K +) $150,000 Bookkeeping, Data Entry and Donor Records Support $17,250

Subtotal Unrestricted Contributions $401,189 Foundation Staff $26,432Information Technology $637

Annual Leadership Academy Appeal $6,739 Investment Management Fees $25,035Other Board-directed accounts $9,425 Insurance $2,739

Endowment accounts $236,010 Legal Fees $0Chapter accounts $648,531 Misc. Office Expenses (copy, phone, mail) $457

Subtotal Restricted Contributions $900,705 Foundation for Fraternal Excellence Membership and Meetings $1,000Meeting Expenses including Teleconferences $300

Investment Income: Subtotal Management and General Expenditures $84,202Realized Investment Earnings $460,066

Unrealized Investment Earnings $355,863 Fundraising:Subtotal Investment Earnings $815,929 Donor Development Activities $6,255

Fundraising Program Development $18,943TOTAL FOUNDATION INCOME $2,117,824 Chapter Alumni Dues Program (reimbursible) $128

Foundation Staff $105,726Information Technology $1,486

Misc. Office Expenses (copy, phone, mail) $457Office Postage Machine $5,748

Stationary, Printing and Mailing House Postage $12,238Travel $1,947

Subtotal Fundraising Expenditures $152,930

Program Services:Educational Grants and Support to Acacia Fraternity, Inc. $233,693

Educational Grants to Chapters $377,177Scholarships - Foundation $17,500

Scholarships - Chapter Accounts $132,317Subtotal Program Services Expenditures $760,687

INCOME LESS EXPENDITURES $1,120,006 TOTAL FOUNDATION EXPENDITURES $997,819

Acacia Fraternity FoundationSources and Uses of Funds (unaudited)

Fiscal Year 2020-2021 July 1, 2020 - June 30, 2021

Page 1

7/1/2020 6/30/2021 Change ASSETS

Chase Checking Account $72,481 $39,601 -$32,880Chase Savings Account $2 $40,004 $40,002Property $4,680 $4,680 $0Investment Accounts $3,311,731 $4,414,614 $1,102,883Receivable - California House Corporation loan $0 $50,000 $50,000Receivable - Fraternity borrowing from Chase Savings Acct $40,000 $0 -$40,000

Total Assets $3,428,894 $4,548,899 $1,120,005

LIABILITIESEducational Grants payable $0 $0 $0Scholarships payable $0 $0 $0Expenses payable $0 $0 $0Other $0 $0 $0

Subtotal Liabilities $0 $0 $0

FUND BALANCESUnrestricted Funds

General Fund (cash and investments) $415,129 $606,776 $191,647Property (Book Collection) $4,680 $4,680 $0

Subtotal Unrestricted: $419,809 $611,456 $191,647Temporarily Restricted Funds

Board-Directed Funds $136,189 $81,513 -$54,676Chapter-Directed Funds $1,795,692 $2,270,252 $474,560

Subtotal: $1,931,881 $2,351,765 $419,884Permanently Restricted Funds

Board Endowments $484,743 $862,979 $378,236Donor Endowments $592,461 $722,699 $130,238

Subtotal: $1,077,204 $1,585,678 $508,474$0

Total Fund Balances $3,428,894 $4,548,899 $1,120,005

Total Liabilities and Fund Balances $3,428,894 $4,548,899 $1,120,005

Acacia Fraternity FoundationBalance Sheet (unaudited)

Fiscal Year 2020-2021July 1, 2020 - June 30, 2021

Page 2

Board-Directed AccountsGeneral Fund (Unrestricted) $606,776

Exceptional Fund - Board Discretionary Portion $26,248 Donor-Established Endowments:Leadership Academy Fund $8,182 Irv Field AFF Scholarship Luncheon Speakers Endowment - Book Value $29,904

Cornerstones Fund $18,019 Irv Field AFF Scholarship Luncheon Speakers Endowment - Acumulated Earnings $18,821Fraternal and Communications Fund $8,437 Irv Field AFF Scholarship Luncheon Speakers Endowment - Total Value $48,725

International Council Conclave Speakers Fund $5,470Meeting House Road Fund $15,115 John F. Hoffner Leadership Series Endowment - Book Value $27,993

Pythagoras Membership Manual Fund $42 John F Hoffner Leadership Series Endowment - Acumulated Earnings $37,736Subtotal Use-Restricted Accounts $81,513 John F. Hoffner Leadership Series Endowment - Total Value $65,729

Total Board-Directed, Unrestricted and Use-Restricted Funds $688,289 California - George Woolsey Scholarship Endowment - Book Value $48,106Loan to California House Corporation $50,000

California - George Woolsey Scholarship Endowment - Accumulated Earnings $34,104Board-Established Endowments: California - George Woolsey Scholarship Endowment - Total Value $132,210

Acacia Fraternity Endowment - Book Value $37,835Acacia Fraternity Endowment - Accumulated Earnings $23,887 Indiana - Emma C. Allen Memorial Scholarship Endowment - Book Value $41,129

Acacia Fraternity Endowment - Total Value $61,722 Indiana - Emma C. Allen Memorial Scholarship Endowment - Accumulated Earnings $10,086Indiana - Emma C. Allen Memorial Scholarship Endowment - Total Value $51,215

Chapter Support Endowment - Book Value $599Chapter Support Endowment - Accumulated Earnings $127 Indiana - David J. Allen Memorial Scholarship Endowment - Book Value $82,907

Chapter Support Endowment - Total Value $726 Indiana - David J. Allen Memorial Scholarship Endowment - Accumulated Earnings $67,546Indiana - David J. Allen Memorial Scholarship Endowment - Total Value $150,453

Communications Endowment - Book Value $6,227Communications Endowment - Accumulated Earnings $2,081 Iowa State - Harold Zarr Educational Endowment - Book Value $22,025

Communications Endowment - Total Value $8,308 Iowa State - Harold Zarr Educational Endowment - Accumulated Earnings $24,491Iowa State - Harold Zarr Educational Endowment - Total Value $46,516

Darold W. Larson Leadership Programs Endowment - Book Value $95,690Darold W. Larson Leadership Programs Endowment - Acumulated Earnings $27,662 Kansas State - Bill & Erma Riley Leadership Endowment - Book Value $49,929

Darold W. Larson Leadership Programs Endowment - Total Value $123,352 Kansas State - Bill & Erma Riley Leadership Endowment - Accumulated Earnings $21,093Kansas State - Bill & Erma Riley Leadership Endowment - Total Value $71,022

Foundation Future Endowment - Book Value $328,338Foundation Future Endowment - Acumulated Earnings $79,146 Ling Western Colonies and Chapter Endowment - Book Value $50,000

Foundation Future Endowment - Total Value $407,484 Ling Western Colonies and Chapter Endowment - Accumulated Earnings $12,128Ling Western Colonies and Chapter Endowment - Total Value $62,128

Internship Endowment - Book Value $225Internship Endowment - Acumulated Earnings $88 Dr. Stan and Ann Tao Graduate Scholarship Endowment - Book Value $5,000

Internship Endowment - Total Value $313 Dr. Stan and Ann Tao Graduate Scholarship Endowment - Accumulated Earnings $890Dr. Stan and Ann Tao Graduate Scholarship Endowment - Total Value $5,890

Scholarship Endowment - Book Value $126,459Scholarship Endowment - Acumulated Earnings $72,321 Washington State - Lester N. Liebel Cornerstones Endowment - Book Value $49,984

Scholarship Endowment - Total Value $198,780 Washington State - Lester N. Liebel Cornerstones Endowment - Accumulated Earnings $38,830Washington State - Lester N. Liebel Cornerstones Endowment - Total Value $88,814

Scholarship Recruitment Endowment - Principal $52,947Scholarship Recruitment Endowment - Accumulated Earnings $9,348 Total Donor-Established Endowments $722,700

Scholarship Recruitment Endowment - Total Value $62,295

Total Board-Established Endowments $862,980 Total Endowments $1,585,678

Acacia Fraternity FoundationAccount Balances on June 30, 2021 (unaudited)

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Chapter AccountsArizona State $1,891 Millersville $325

Arizona State - Scholarships $225 Minnesota $98,173Auburn $10 Missouri $4,458

Bloomsburg $100 Missouri - Anthony R. Olson Memorial Scholarship $2,853California $16,891 Morningside $100

California - Duncan McPherson Memorial Scholarship $14,329 Nebraska $13,332Cal Poly - Pomona $42,019 Nebraska - L. Ronald Letson Scholarship $8,700

Carleton $842 New Hampshire $509Central Oklahoma $1,059 North Carolina $1,687

California Univ of Pennsylvania (C.U.P.) $4,399 Northwestern University $15,495Eric Swigart Omicron Class Leadership Scholarship Fund $1,689 Northwest Oklahoma State $100

C.U.P. Leadership Scholarship $638 Ohio $3,314Colorado $2,855 Ohio - Cupp Brothers Memorial Scholarship $970

Colorado - Scholarship Fund $5,531 Ohio - Library Fund $5,758Cornell $56,619 Ohio - Henry & C. Schneider Memorial Scholarship $124

Franklin $1,483 Ohio State $18,094Illinois $1,904 Ohio State - John Nourse Scholarship Fund $4,460

Illinois - Building Fund $58,477 Oregon State $4,189Illinois - Scholarship Fund $12,245 Oregon State - Richard S. Reid Scholarship Fund $2,382

Illinois State $8,698 Oregon State - Chapter House Maintenance Fund $5,427Illinois Wesleyan $24,870 Oregon State - Chapter House Improvement Fund $2,719

Illinois Wesleyan - 915 Scholarship $1,349 Penn State Altoona $250Indiana University of Pennsylvania (I.U.P.) $54 Penn State - Square & Compass $4,477

Indiana $130,745 Penn State - G.K. Nelson and Glenn C. Ream Scholarship Fund $78,867Indiana - Lautzenheiser Memorial Scholarship $124,035 Penn State - W. Russell Scott Memorial Fund $7,346

Indiana - Kyle P. Simcoe Memorial Fund $57,496 Penn State - Herb M. Andrews Scholarship $36,803Indiana - Building Fund $266,880 Pitt/Johnstown $485

Indiana - Peter Jeske Memorial Scholarship Fund $13,206 Purdue $99,494Iowa $153,925 Purdue - Leonard E Wood Chapter Advisor's Scholarship $101,787

Iowa State $250 Rensselaer Polytechnic Institute $8,771Iowa State - Edwin Drdla Educational Fund $246,647 Saint Cloud State $11,947

Iowa State - New Chapter House Fund $7,637 Shippensburg $2,718James Madison $645 Shippensburg - Andrew G Krishock Scholarship $9,588

Kansas State $2,820 Syracuse $352Kansas State - Scholarship Fund $13,896 Syracuse - J.P. Daratt Memorial Scholarship $87,913

Kansas State - Alan John Trachsel Memorial Fund $14,324 Syracuse - Scholarship Fund $564Kansas State - Jay Crabb Scholarship $43,200 Syracuse - Library & Education Fund $1,241

Kansas State - Samuel G. Unger Memorial Fund $1,489 Texas $35,664Kansas State - Acacia Century Fund $91 Trine $3,853

Long Beach State - Norman C. Saatjian Memorial Scholarship $120 Vermont $11,597Louisiana State $17,338 Washington $6,801

Louisiana State - Charles L. ‘Chief’ Sartain, Jr. Scholarship $88,840 Washington State $22,402Lousiana State - Building Fund $76,970 Wisconsin $8,883

Louisiana Tech $810 Wisconsin - Michael S. Hannes Memorial Scholarship $9,499Miami of Ohio $713 Wyoming 400

Michigan $5,130Total Chapter Funds $2,270,252

Acacia Fraternity FoundationAccount Balances on June 30, 2021 (unaudited)

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Unrestricted donations, $401,189

Board-directed

accounts , $16,165

Endowment accounts, $236,010 Chapter

accounts, $648,531

Investment earnings, $815,929

FY 20-21 Income Management and general,

$84,202

Fundraising, $152,930

Scholarships, $149,817

Support to Acacia

Fraternity HQ,

$233,693

Grants to Chapters, $377,177

FY 20-21 Expenses

General Fund, $420,000.00

Board Directed, $136,000.00

Chapter Directed,

$1,796,000.00

Endowments, $1,077,000.00

Assets June 30, 2020

General Fund, $611,000.00

Board Directed, $82,000.00

Chapter Directed,

$2,270,000.00

Endowments, $1,586,000.00

Assets June 30,2021

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Minutes of Acacia Fraternity Foundation, Inc. Annual Meeting

August 19, 2020

Via Zoom

Foundation President Kris Lutt called the Annual Meeting of the Acacia Fraternity Foundation, Inc. (“AFF” or the “Foundation”) to order at 7:00 p.m., EDT, August 19, 2020. 1. Roll

Brother Gebhardt called the roll. The following members attended the meeting in person: Brothers Dwyte Brooks (Northwestern), Gerald Cook (Shippensburg), John Davis (New Hampshire), Benjamin DeBenedictus (Arizona State), Brian Durst (Wisconsin), Dave Ferguson (Indiana), Guy Gebhardt (Illinois Wesleyan), Ron Hopkins (Syracuse), Andrew Jee (Oregon State), Kris Lutt (Nebraska), Amos Meyers (Shippensburg), David Quick (Rensselaer), Rob Roberson (Illinois Wesleyan), Mike Rollins (Washington), Larry Schroeder (Georgia), Don Solanas (Louisiana State), Phil Sutton (Ohio State), Byron Tabor (Iowa), Michael Tu (California), Dewey Ullsperger (Nebraska), Bill Utic (Cornell), Rick Williams (Grand Valley State), Eric Zwigart (Cal. U of PA),.John Barber (Purdue), Bill Riley (Kansas State). Darold Larson (Washington State), Jeff Boaz (Illinois Wesleyan), Patrick McGovern (Indiana), Scott Meyer (St. Cloud State), Mike Fillman (Western Ontario), Dale Redman (Louisiana State), Brian Nelson (Kansas State), Harold Zarr (Iowa State) and Eric Nygren (Oregon State). 2. Quorum

Brother Gebhardt reported there are 1,040 members of the Foundation and we have 240 valid proxies in addition to those attending the meeting in person. As more than ten percent of members are attending in person or by proxy, a quorum has been established. 3. Approval of Minutes

Brother Schroeder moved and Brother Meyers seconded approval of the minutes of the August 3, 2019 Annual Meeting of the AFF. The motion passed unanimously. 4. Election of Directors

Brother Cook moved approval of the slate of directors presented by the Board Development Committee. Brother Brooks seconded the motion. Voting members present and proxies submitted in the affirmative passed the motion. The directors were elected for three-year terms and are:

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Gerald Cook - Shippensburg Don Solanas – Louisiana State Rick Williams - Grand Valley

State Dave Ferguson - Indiana Michael Tu - California

Dave Quick - Rensselaer Eric Zwigart – Cal. U of PA) Byron Tabor - Iowa Mike Fillman - Western Ontario Dale Redman – Louisiana State

5. Annual Report

Brother Larson introduced the Annual Report. Brother Boaz discussed the 1904 Society and the encouragement given to new graduates to support the AFF. Brother Larson and Brother Rollins explained the Evergreen Society - brothers who have committed to make a bequest to the AFF. Brother Tu discussed how we are recognizing our generous lifetime donors. Brother Riley explained the endowment program, its status, and the progress the AFF has made over last two years. The seven board-directed endowment funds provide a vehicle for donors to support areas in which they are particularly interested.

Brother Ullsperger discussed scholarships and the scholarship recruitment endowment which is our newest endowment fund. Brother Roberson reported on the AFF’s investments, the transfer of our funds to UBS for management, and the performance of our two UBS managed funds. Brother Durst discussed the composition of the board and recruitment of board members. Brother Utic reported on the income and expenses of the AFF during the last fiscal year and our fund balances. Brother Larson concluded by acknowledging the foundation is a working board and noted the list of board committees is an attachment to the Annual Report.

6. Adjournment

There being no further business to come before the Annual Meeting of the AFF, Brother Schroeder moved to adjourn the meeting. Brother Meyers seconded the motion. The meeting adjourned at 7:46 p.m.

Respectfully submitted, Guy G. Gebhardt Secretary

2020-21 annual report - acacia fraternity

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