LOUISIANA ENDOWMENT FOR THE HUMANITIES PRIME TIME Inc.

MEETING AGENDA – EXECUTIVE COMMITTEE

***Friday, February 17, 2017 Exec Comm (new date due to Mardi Gras) ***Friday, March 10, 2017 Full Board Meeting ***Thursday, April 13, 2017 Bright Lights Dinner Awards ***Wednesday, April 26, 2017 Exec Comm (new date due to change in NEH site visit dates)

MEETING INFORMATION

Date: 2/17/2017 Location: LEH, Conference, 4th Floor

Time: 11:00 AM Meeting Type: In person, teleconference

Call-In Number: (712) 770-4695 Call-In Code: 351175

Called By: Adams, Board Chair Facilitator: Adams, Board Chair

Note Taker: Clifford, Staff

PREPARATION FOR MEETING

Please Read: February 2017 Board Packet will be available online at http://www.leh.org/board-of-directors/ Password to board portal: domino

Please Bring: Copies of packets will be available upon arrival.

AGENDA ITEMS PRESENTER TIME ALLOTTED

1 Chair’s Welcome Adams [5 min]

2 Executive Director Updates Restovic [10 min]

3 Fiscal Report Mount/Cromwell [15 min]

4 5 6

Institutional Advancement Government Relations Committee Action Items & Adjournment

Olson/Restovic Harkins Adams

[15 min] [10 min] [5 min]

IMPORTANT DATES

Fiscal  Report  LEH  &  PTI  

                                                                                   

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Where have we been?

* Logical but incomplete and late accounting

* Limited systems

* Unclear + Incomplete processes

* Excellent filing + record keeping

Where are we going?

* Timely GAAP-compliant + Grant-compliant

accounting

* Robust systems

* Simple, clear, and understood (i.e. trained +

documented) systems

* Excellent filing + record keeping

January‐17 Approved Budget ‐ LEH 1st Quarter Performance % of Budget

CONTRIBUTIONS

    Individuals 100,000 126,326 126%    Corporations 400,000 131,783 33%    Foundations 600,000 0 0%

Capital Campaign 20,000Subtotal Contributions 1,100,000 258,109 23%

FEES AND SPONSORSHIPS

Program Income 250,000 16,200 6%Special (Awards) Events 100,000 31,000 31%

Other (incl. ArtBk, MOMS)* 11,500 25,000 217%Subtotal Fees and Sponsorships 361,500 72,200 20%

EARNED

   Advertising 120,000 58,055 48%   Sales ‐ single issues 1,500 11,431 762%

   Subscriptions 10,000 3,275 33%Income from Sales (Art Book)* 0 0

LEH Event Income 12,000 0 0%Interest Income 1,588

Subtotal Earned Revenue 143,500 72,761 51%

NEH

NEH Grant ‐ Admin 668,380 405,468 61%NEH Grant ‐ Regrants 68,000 25,532 38%

Subtotal  NEH 736,380 431,000 59%

Head Start

InDirect‐ HeadStart 439,975 0 0%Subtotal Restricted Heads Start 439,975 0 0%

TOTAL REVENUES 2,781,355 834,070 30%‐                                                

ADMINISTRATION 0Salaries 1,041,400 267,599                                         26%Fringe 260,350 50,334                                           19%

Non‐personnel 1,104,775 416,651 38%Subtotal ADMIN 2,406,525 734,583 31%

Regrants

      ReGrants‐NEH 68,000 19,532                                           29%      ReGrants‐Other 155,000 6,000 4%

Subtotal‐Special Proj. 223,000 25,532 11%

TOTAL EXPENSES 2,629,525 760,116 29%

REVENUES

EXPENSES

LEH

January‐17 Approved Budget ‐ Building 1st Quarter Performance % of Budget

Lease Income 220,000                                        85,465                                       39%Misc. Income (copies, etc.) 2,820                                            1,375                                         49%Event Rent Income 8,400                                            860                                            10%Transfers from LEH ‐                                            

Total Revenue 231,220                                       87,700                                      38%

Management Fees ‐ Stirling Prop ‐                                                ‐                                            Building Engineer 32,500                                          9,525                                         29%Utilities 50,000                                          11,717                                       23%Telephone System 3,600                                            1,286                                         36%Roofing Repairs 1,200                                            1,103                                         92%HVAC System Service 16,200                                          4,020                                         25%Insurance Premiums 37,200                                          8,628                                         23%Janitorial Supply + Service 32,400                                          8,504                                         26%Security + Life Safety 8,160                                            1,200                                         15%Office Related 8,700                                            2,555                                         29%Misc Repair, Service + Supplies 22,200                                          967                                            4%Event Costs 600                                               371                                            62%Property Taxes 17,674                                          14,788                                       84%

Total Expense 230,434                                       64,663                                      28%

REVENUES

EXPENSES

Building

Awarded Drawn Down Spent Notes

Year 1 (9/1/2016‐10/31/2016) 06CH01044801* 1,184,663                              698,516                                 698,516           Some spent in FY16, som in FY17 Carryover of $486,146.96

Year 2 (11/1/2016 ‐ 10/31/2017) 06CH01044802  4,759,852                            605,928                                466,196          Difference made up in early Feb.*previous fiscal year

Approved Budget 1st Quarter Spending % of Budget

Salary 1,683,495 57,804                                  3%Fringe 617,001 13,747                                  2%Total Salaries and Payroll Taxes 2,300,496 71,552                                  3%

‐                                        Non-Personnel Costs 764,358 92,187                                  12%

‐                                        PTI Admin (Indirect - to LEH) 439,975 ‐                                         0%

‐                                        Shine Contractual 1,255,023 400,393                                32%

‐                                        Leaseholder Improvements* 486,147 141,040                                29%

Total spend 4,759,852 564,132                                12%

*Hits the Balance Sheet

PRIME TIME HEAD START ‐ REVENUES

PRIME TIME HEAD START _ EXPENSES

Institutional  Advancement  &  Capital  Campaign  

                                                                                   

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INSTITUTIONAL ADVANCEMENT REPORT TO THE LEH EXECUTIVE COMMITTEE

FEBRUARY 17, 2016

2016-17 LEH Annual Fund YTD

Individuals and Foundations AF= $ 75,942 (395 givers) Pledges not included in this number $5,000 (2) Board Members Contributing 11

Annual Fund: The Annual Fund thus far is approximately $75,942), which is $30,103 over last fiscal year-to-date $45,839. Top non-board Annual Donors: Bobby Jelks $10,000

Catherine Kuhlman $6,000 Rosemary Ryan " $500 Mike Boyle $3,000 Mark Manguno " $500 Kim Malmay $1,250 Luis Zervigon " $500 Christopher Kinsey $1,000 Anthony Rotolo " $500 William Pederson $1,000 Claudio Helm " $500 Ellis Marsalis $1,000 Martha Brown $500 Brian & Kristin Moore $1,000 James Lapeyre $1,000

Thomas & Glenna Kramer $1,000 Gift Subscriptions

M.C.V.B. New Orleans $13,750 Darnell Bludworth $420

Funding Awarded This Fiscal Year:

Walton Family Foundation $198,150 Content: Wetlands NEH Access $100,000

NOCVB$63,312 PRIME TIME Monroe

Entergy Union Pacific

$40,000 $40,000

PRIME TIME

United Way SE La. $25,000 PRIME TIME Union Pacific $25,000 Content: Tricentennial Book CITGO-Lake Charles $5,000 PRIME TIME NOJHF $2,500 Content

Pending:

Shell $332,000 Community Fndn N. La. $75,900 Women’s Philanthropy $55,000 Beaird Family Foundation $50,000 RosaMary $25,000 Entergy Diversity $25,000 Freeport McMoRan $10,000 Patrick Taylor Foundation $5,000 Woldenberg Foundation $5,000 Goldring Foundation $5,000

Note: Due to the severe flooding throughout south central Louisiana and Acadiana, many funding sources deferred their usual support to direct funding to the local recovery efforts.

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Major Giving Capital Campaign

Helis Foundation $500,000 pledged over 3 years D. Bludworth/M. Boyle $ 25,000 pledged over 5 years Mary Ann Sternberg $ 10,000 Boh Brothers Construction $ 10,000 Corky & Deb Harkins $ 3,000 Rod Olson $ 2,500 Liz Ary $ 2,000

LA Commercial Historic Tax Credits: Approved 25% of Construction costs (approx. $300,000) First Lady Donna Edwards Art, Music & Humanities Education Initiative Planned Gift secured by Rod Olson $100,000

2016 to 2017 Bright Lights Event Sponsorship

Review of 2016 Sponsorships and Silent Auction Income VIP Head Table Houmas House & Gardens $10,000 Artistic Production Helis Foundation $10,000 Patron Party IberiaBank $ 5,000 Production Jones Walker Law $ 5,000 Program Haynie Family Foundation $ 5,000 Lifetime Achievement BHP-Billiton $ 5,000 Table Sponsors Bertie Deming Smith $ 2,500 “ Capital One Bank $ 2,500 “ Brad Adams $ 2,500 “ Dorian Bennett $ 2,500 “ Josef Sternberg Memorial Fund $ 2,500 “ Hola Nola Foods $ 2,500 “ Postlethwaite & Netterville $ 2,500 “ Hilton Riverside Hotel $ 2,500 “ Ewing (1/2 table) $ 1,250 Other Donors Bellwether Technology $ 1,000 Hotel Mgmt. of New Orleans $ 1,000 Willie Mount Gift $ 1,000 Baptist Community Ministries $ 500 $12,000 $ 76,750

Review of 2017 Sponsorship Commitments to Date Event Sponsorship Entergy Louisiana $20,000 Artistic Production Helis Foundation $10,000 Production Jones Walker Law $ 5,000 Table Sponsors Bertie Deming Smith $ 2,500 “ Haynie Family Foundation $ 2,500 Mark Gremillion $ 2,500 “ Brad Adams $ 2,500 “ Hola Nola Foods $ 2,500 Rosemary Ewing $ 2,500 “ Postlethwaite & Netterville $ 2,500 Union Pacific $ 2,500 Valentino Hotels $ 1,000 $ 56,000

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Division  Reports  

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Division  of  Content  Update  February  17,  2017  Executive  Committee  Meeting    

• The  spring  2017  issue  of  Louisiana  Cultural  Vistas  went  to  press  on  2/15,  with  artwork  by  William  Joyce  on  the  cover  and  stories  about  this  year’s  honorees.  LCV  recently  switched  to  a  new  printer  for  a  savings  of  approx.  $4K  per  issue.    

 • The  LEH  awarded  a  $5,000  Strategic  Partnership  Grant  to  support  the  live  recording  and  re-­‐broadcast  of  Zachary  Richard’s  “Attakapas,”  which  he  previewed  at  last  year’s  Bright  Lights  Dinner.  LPB  will  air  the  concert  on  March  14  at  7pm  and  again  on  March  19  at  5:30pm.  

 • The  LEH’s  partnership  with  the  Historic  New  Orleans  Collection,  “Purchased  Lives,”  continues  to  tour  the  state.  The  traveling  exhibition  opens  at  the  West  Baton  Rouge  Museum  this  weekend.    

 • The  LEH  is  now  accepting  nominations  for  the  next  Louisiana  Poet  Laureate  this  February.  Peter  Cooley’s  term  ends  in  May.  Once  the  nomination  committee  selects  three  finalists,  the  names  will  be  sent  to  the  governor  for  his  selection,  with  approval  needed  during  the  April  legislative  session.    

 • The  LEH,  New  Orleans  Film  Society,  Deep  South  Studios,  and  TV5Monde  are  now  accepting  applications  for  the  2017  CreateLouisiana  Louisiana-­‐France  Film  $32,500  grant.  Grant  workshops  were  held  in  Baton  Rouge,  Lafayette,  and  New  Orleans  earlier  this  month.    

 • The  Division  of  Content  is  finalizing  its  selection  of  4  filmmakers  to  create  short  films  for  the  Water/Ways  Smithsonian  Exhibtion,  set  to  reach  Louisiana  in  June  2018.  The  films  are  made  possible  through  a  grant  from  the  Walton  Family  Foundation.  

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LEH  Education  Division-­‐-­‐Executive  Committee  Report February  2017 PRIME  TIME  Preschool  site  impacted  by  tornado  damage  After  launching  their  PRIME  TIME  Preschool  program  on  Monday,  February  6th,  Schaumburg  Elementary  in  New  Orleans  East  was  heavily  damaged  by  a  tornado  on  February  7th,  forcing  the  school’s—and  the  program’s—relocation  to  an  undetermined  location.  PRIME  TIME  has  reached  out  to  the  program’s  site  coordinator  and  is  working  to  provide  planning  assistance  and  support,  including  books  to  replenish  the  home  libraries  of  impacted  families.  Schaumburg’s  program  will  resume  on  March  13th.  Please  contact  Sarah  DeBacher  at  debacher@leh.org  to  learn  more  about  how  to  contribute  to  this  support  effort.    PRIME  TIME  greets  over  75  families  at  the  Urban  League  Expo  PRIME  TIME  participated  in  the  Urban  League  School  Expo  at  the  Superdome  on  February  4th.  More  than  75  families  stopped  by  our  table  to  learn  about  our  programs  and  to  sign  up  for  PRIME  TIME  sites  in  their  respective  communities.  PRIME  TIME  was  a  social  media  partner  with  the  Urban  League  for  this  event.    PRIME  TIME  partners  with  the  Greater  New  Orleans  Writing  Project  PRIME  TIME  is  partnering  with  the  Greater  New  Orleans  Writing  Project  on  its  39th  annual  Invitational  Summer  Institute.  This  high-­‐quality  teacher  professional  development  institute  will  feature  PRIME  TIME  HomeRoom  content,  remixed  for  written  implementation  across  grade  levels  and  content  areas.  The  Institute  will  be  held  at  LEH  in  June  and  throughout  the  fall  of  2017  and  will  bring  together  some  of  New  Orleans  most  talented  educators.    Projected  2017  PRIME  TIME  Affiliate  Partner  revenue  PRIME  TIME  anticipates  more  than  100  PRIME  TIME  programs  will  take  place  across  nine  states  outside  of  Louisiana,  generating  a  projected  revenue  of  $58,400.              

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February  2017  Executive  Committee  Meeting  LEH  Strategic  Initiatives      Culture  Up  Continues  Growth  and  Support  for  Cultural  Entrepreneurs    Through  a  successful  partnership  between  Capital  One  Bank,  the  Louisiana  Cultural  Economy  Foundation  (LCEF),  the  Louisiana  Endowment  for  the  Humanities  (LEH)  and  the  New  Orleans  Downtown  Development  District  for  the  Culture-­‐Up  incubator  in  New  Orleans,  six  local  businesses  are  kicking  off  2017  in  a  big  way.      In  addition  to  professional  workspace,  members  have  access  to  business  trainings,  like  the  recent  Creating  Profits  from  Passion  “boot  camp”  based  on  Capital  One  Bank’s  Getting  Down  to  Business  program  for  small  businesses.  Members  also  receive  a  one-­‐year  membership  with  the  New  Orleans  Chamber  of  Commerce.  As  a  result  of  going  through  the  boot  camp  and  working  alongside  mentors,  current  members  have  received  the  skills  needed  to  launch,  maintain  and  grow  their  businesses.  Incubator  members  receive  technical  assistance  in  critical  business  management  areas  such  as  managing  credit,  budgeting,  business  planning,  accounting  software  tools,  marketing,  information  technology  and  financing  options.  Other  trainings  include  an  upcoming  QuickBooks  class  and  digital  marketing  boot  camp.    Businesses  currently  participating  in  Culture-­‐Up  include:    

• Two  Girls  One  Shuck,  a  full  amenities  traveling  oyster  bar  that  proudly  serves  fresh  Gulf  Coast  oysters  in  a  catering-­‐style  approach.  Two  Girls  One  Shuck  supports  regional  seafood  with  a  team  of  all-­‐female  shuckers.    

• Culturalyst  is  an  online  platform  that  connects  local  artists  with  individuals  in  New  Orleans  who  are  fans  or  who  want  to  see  the  creative  sector  thrive.  Through  the  Culturalyst  website,  patrons  can  directly  support  artists  and  other  creative  professionals  in  exchange  for  exclusive  content.  Providing  a  space  for  fans  and  artists  to  connect  supports  the  economy,  strengthens  the  community  and  makes  it  easier  to  discover  and  support  new  culture.  

• Cocoa  &  Cream  is  a  mobile  food  trailer  and  licensed  catering  service  currently  operating  in  greater  New  Orleans.  The  mobile  trailer  is  able  to  travel  to  different  locations  in  the  area  providing  a  wide  variety  of  delicious  New  Orleans  cuisine.  Cocoa  &  Cream  is  excited  to  announce  the  addition  of  a  second  mobile  trailer  this  March.    

• New  TourLeans  is  a  sightseeing  company  that  officially  launches  this  month.  Four  guests  can  ride  in  the  comfort  of  an  exclusive  electric  and  solar-­‐powered  vehicle  throughout  the  French  Quarter.  This  tour  tells  the  chronological  story  of  New  Orleans  and  covers  a  lot  more  ground  in  a  much  shorter  period,  while  also  taking  guests  into  some  of  the  featured  venues  to  give  a  depth  of  experience  that  can  only  be  acquired  by  taking  a  closer  look.  The  electric  vehicle  is  equipped  with  high-­‐definition  monitors  that  allow  visitors  to  view  “snapshots  in  time”  of  places  and  historic  figures  to  learn  about  during  the  tour.    

• Café  Dauphine  is  an  authentic  New  Orleans  restaurant  with  a  goal  of  reviving  the  Ninth  Ward  dining  experience  and  bringing  good,  quality  food  paired  with  a  friendly  atmosphere  to  the  historic  neighborhood.  The  restaurant  is  ready  to  expand  to  Phase  2  to  grow  its  business,  which  will  include  opening  for  breakfast,  increasing  catering  and  exploring  the  option  of  operating  a  food  truck.  As  a  newcomer  to  Culture-­‐Up,  the  restaurant  wants  to  develop  a  new  marketing  plan  to  build  additional  sales  and  relationships  with  its  present  and  future  customers.    

• Crescent  City  Media  Group  is  a  community  engagement  and  media  production  agency  serving  public  interest  and  policy  advocacy  utilizing  the  arts  to  inform  and  influence  action  

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in  communities  of  color  across  Louisiana.  The  group’s  current  project  is  a  multi-­‐media  film  on  Buddy  Bolden,  who  is  generally  considered  to  be  the  first  bandleader  to  play  the  improvised  music  which  later  became  known  as  Jazz.  

 Culture-­‐Up  is  also  supported  by  the  New  Orleans  Downtown  Development  District,  Louisiana  Economic  Development,  Entergy  New  Orleans,  the  New  Orleans  Chamber  of  Commerce  and  the  Louisiana  Division  of  the  Arts,  Office  of  Cultural  Development,  Department  of  Culture,  Recreation  and  Tourism,  in  cooperation  with  the  Louisiana  State  Arts  Council.      2017  Bright  Lights  Awards  Gains  a  Title  Sponsor  Entergy  Louisiana  has  committed  to  serve  as  the  Title  Sponsor  of  the  2017  Bright  Lights  on  April  13  at  Shaw  Center  for  the  Arts  in  Baton  Rouge.  Entergy’s  $20,000  sponsorship  supports  costs  associated  with  planning  the  LEH’s  signature  fundraising  event  which  has  grown  in  size  and  visibility  since  2014.        Additionally,  the  following  businesses,  organizations,  and  individuals  have  also  confirmed  sponsorship  of  the  event:    Review  of  2017  Sponsorship  Commitments  to  Date      Event  Sponsorship   Entergy  Louisiana     $20,000    Artistic  Production   Helis  Foundation     $10,000    Production     Jones  Walker  Law     $  5,000  Table  Sponsors   Bertie  Deming  Smith     $  2,500         Haynie  Family  Foundation   $  2,500         Mark  Gremillion     $  2,500         Brad  Adams       $  2,500           Hola  Nola  Foods     $  2,500         Rosemary  Ewing     $  2,500         Postlethwaite  &  Netterville   $  2,500         Union  Pacific       $  2,500         Valentino  Hotels     $  1,000         TOTAL                                    $56,000    PRIME  TIME  Head  Start  Update  The  PRIME  TIME  Head  Start  project  continues  to  build  its  infrastructure  and  capacity  to  serve  Ouachita  Parish.  Currently,  30  employees  have  been  participating  in  rigorous  training  for  their  roles  and  working  to  engage  families  since  December  2016.    In  March  2017,  they  will  be  joined  by  approximately  35  new  hires  who  will  fill  the  positions  needed  to  fully  staff  the  two  program  centers  set  to  open  during  spring  2017.  Initial  onboarding  and  training  for  the  new  staff  members  will  begin  immediately.            

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January  27,  2017  Executive  Committee  Meeting  Minutes  

                                                                                   

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  1  

LOUISIANA ENDOWMENT FOR THE HUMANITIES PRIME TIME FAMILY READING INC.

Executive Committee Meeting Fourth Floor Board Room Turners Hall, New Orleans

January 27, 2017 11:00 a.m. – 11:45 a.m.

BOARD PRESENT: Brad Adams, Janet Haedicke, Deborah Harkins, Pat McGunagle, Liz Mangham, Rod Olson, Drew Tessier BOARD ABSENT: Willie Mount STAFF PRESENT: Shantrell Austin, Mike Boyle, Jan Clifford (recorder), Chris Cromwell, Warren Meyer, Miranda Restovic 1. CHAIR’S WELCOME AND CALL TO ORDER - ADAMS Chair Brad Adams called the meeting to order at 11:05 a.m. and turned the meeting over to LEH executive director Miranda Restovic. 2. EXECUTIVE DIRECTOR UPDATES - RESTOVIC Restovic introduced four new team members: Sarah Debacher, VP of Education; Amy Ricke, HR Generalist; Chris Cromwell, VP of Finance and Administration; and Stalanda Butcher, Director of Head Start in Ouachita Parish. Ouachita Head Start - Restovic called for a board meeting to take place in Monroe, the site of the new PRIME TIME Inc. Head Start project. The September meeting is earmarked for an on-site meeting. This five-year federal grant, to reorganize and administer 4-5 Head Start centers in Ouachita Parish, is bringing changes to the organization. Bright Lights Humanities Awards- Restovic announced the major awards, and said that the press release will go out in February. William Joyce, of Shreveport, is the Humanist of the Year, William “Bro” Adams of the NEH is the Champion of Culture selection; Chair’s Institutional Awards go to the Beaird Family Foundation and the W.K. Kellogg Foundation; book awards go to Teche and Hardscrabble to Hallelujah; film award is Small Town Rage; Eric Waters is photographer, Richard Louth is Light Up for Literacy, and Susan Tucker is Lifetime Achievement winner. Restovic said she hoped for 300 attendees at this year’s event, and thanked board members Jody Montelaro, Drew Tessier, Mark Gremillion, Ty Bromell and Mary Ann Sternberg (and others!) for their invaluable assistance in fundraising and planning. Janet Haedicke asked about inviting elected officials and Restovic replied that she was working on it.

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Institutional Advancement and Capital Campaign- Restovic said that the LEH has been reaching out to the board for the Capital Campaign, and thanked those who have committed already. She has architectural proposal that she wants to share with Adams. On February 7, Helis Foundation will make a public art installation of a John Scott sculpture on Poydras Street, co-presenting with LEH to highlight our partnership. She then reviewed some meeting date changes, necessitated by Mardi Gras and other events in New Orleans: Executive Committee – Friday, February 17 Full Board – March 10 Bright Lights – April 13 Executive Committee – April 26 Restovic continued that there would possibly be a merger of the offices of the Louisiana Cultural Economy Foundation (LCEF) and the LEH. The LCEF (1.5 staff) approached the LEH and Cromwell is in the process of weighing the costs and risks. The LCEF has an annual budget of approximately $300,000 and is funded through the La. CRT office and other sources. She then called for questions and Olson asked what is the mission of the LCEF. Restovic said that their work is focused on cultivating the cultural and creative industries, such as our partnership on the CultureUp Incubator. She said she will provide a fuller presentation once the analysis of compatibility is concluded. FISCAL REPORT- MEYER Warren Meyer said that two months into the year the LEH was projecting a surplus of doing well financially, with projected income of $2,856,967, and expenses of $2,615,191 with a surplus of $241,776. Turners Hall is also projected to have a $14,168 surplus. Investments are up $66,229 and the LEH is benefiting from an upward market. Restovic noted that during the full board meeting in November, members had been disappointed with the performance of the investment portfolio. She called for a carefully coordinated effort, and plans to call on Cromwell and committee chair Mount to address the concerns, and formulate a strategy and timeline. McGunagle added that formerly the board had invested for “balance” but is now evaluating with new clarity toward objectives and benchmarks. Adams said that Helis Foundation president David Kerstein had called him with concerns that the LEH audit has spurred an audit response letter from Bourgeois Bennett, and he was uncomfortable with it. Adams then communicated with Bourgeois Bennett’s Eric Smith, who said the situation was fine and he would speak with the auditor. Restovic thanked Adams and called on Cromwell. Cromwell said that he would follow up with the finance committee for their expertise and knowledge. In regard to the investment strategy, he said he would schedule a meeting and email the members, in order to come to some clear objectives. He said that the portfolio’s return seemed low. Restovic called for questions and there were none.

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INSTITUTIONAL ADVANCEMENT – BOYLE Boyle called on Development Committee chair Rod Olson, who deferred to Boyle. He thanked Drew Tessier for connecting the LEH with Bobby Jelks, who has become a major donor. Tessier said that he felt the relationship would be long lived. Board giving is at 50%, Boyle said, and Olson will contact members to advance board giving to 100% participation. Boyle also thanked his wife, and the NOCVB for giving significant numbers of gift subscriptions to Louisiana Cultural Vistas (LCV) magazine. He said that the LEH had a good meeting with Jen Roberts at Baptist Community Ministries, and will follow up with her in regard to the Capital Campaign. Also, he said the same for former board member Drew Jardine, who is now on the board of The Historic New Orleans Collection, a longtime partner with the LEH. Boyle reported that sponsorships for the Bright Lights Awards were now at $36,000 and he thanked Tessier and board member Mark Gremillion for their sponsorships. Boyle has calls in to board members Tommy Westervelt and Kevin Kelly. Montelaro and Tessier visited the new secretary for La. Dept. of Wildlife and Fisheries to secure some silent auction donations, such as exclusive hunting and golfing opportunities. Boyle and Restovic thanked Adams, Montelaro and Tessier for their contributions. GOVERNMENT RELATIONS - HARKINS Harkins raised concerns that the new U.S. president may attempt to eliminate the NEH, and she urged staff and board members to be proactive in contacting their congressional representatives, and to formulate and share “talking points.” Those members who are going to the Mardi Gras balls in D.C. will advocate for the LEH/NEH. Restovic thanked board member Tom Clark for gaining access for the LEH to place copies of LCV in the suites at the Mardi Gras ball. Harkins suggested placement in the Congressional suites Action Item: The board approved for Adams and Harkins to draft an advocacy letter for the government relations committee to sign, and also to send to individuals from Louisiana who are actively engaged in the Trump administration. Adams made the motion and Haedicke seconded. The motion passed with no objections and no abstentions. PERSONNEL REPORT- MCGUNAGLE McGunagle made the motion and Mount seconded to go into executive session for the personnel committee report. ADJOURNMENT The meeting was adjourned at 11:45 p.m. Signature: Drew Tessier, LEH Board Secretary

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