Recommendations and Meeting Minutes
Summary of Recommendations
The Foundation and Alumni Affairs Task Force recommended the following:
- The financial resources currently allocated by the University in support of the Alumni Association be retained per a multi-year, renewable Memorandum of Understanding (MOU) as a part of the merger. The current allocated financial resources serve as a minimum, with additional University financial support based on the additional services and requests of the newly formed organization.
- The merger is based on a desire for greater effectiveness and efficiency in meeting the needs of Wichita State University and our alumni.
- The merger would be pursued with an attitude of mutual respect and will consider the following perspectives.
- Legal.
- Financial.
- Stakeholders.
- Employees.
- The process of the merger will be managed by a committee of four board members from each organization along with the respective CEOs of the entities.
- Finally, the task force recommends that planning for this merger commence immediately with the goal of completion by June 30, 2021.