Academic Affairs Home

School of Humanities

School of Natural Sciences & Mathematics

School of Social Sciences
& Behavioral Studies

School of Graduate Studies

Phone & E-mail

Academic and
Administrative Offices

University Strategic Plan
University Mission

Reports and Curriculum Proposals, 2007-08


February 9, 2008

(1) Investment advisors explained LU’s Commonfund  performance (return) during
the FY 2007:

  • endowment was $25,473,807 as of 12/31/07
  • compared to $23,099,000 as of 12/31/06

(2) Board meeting was opened at 9:15 AM

(3) Minutes of 11/17/07 were approved

(4) BOT Chair’s Report:  G.Miller ’77 (Vice Chair) filled in for Chairman Morris.
He noted that BOT commitment was absolutely essential if the Board was to be a vibrant, effective agent charged with the task of administrative oversight; Vice Chair Miller expected Trustees to honor that commitment

(5) President’s Report:

            (a) Student recognition:  Mr. D. Benjamin, Ms. O. Washington, 41 LU students and staff who assisted residents of 9th ward in NO, LA (BOT passed resolution honoring these students)
            (b) LU Marching Band and Director Prof. Johnson presented/modeled uniforms that are worn at games and competitions

            (c) Operating and capital budget preparations (FY 2009) are underway; President Nelson will present LU request to PA legislature later this month

            (d) Middle States Self Study is in its final process; it will be mailed to Visiting Team in a few weeks; academic departmental binders are the sources of evidence that validate the Self Study Report ; Team will be on campus April 13-16, 2008

            (e) A campus-wide Emergency Notification System is currently being field tested this semester

            (f) Facility renovations are underway in the LH Library; University Hall, Ware Center, and the Graduate Center are virtually complete

            (g) Efforts are underway to maximize LU’c connection to Melvin Tolson ‘23
(Commencement speakers, ICAA-sponsored debate competitions, and an article in “Diverse Issues in Higher Education”)

(6) Treasurer’s Report:  as of 12/31/2007, LU had $10 million in cash, $0.00 borrowed against its $2 million line-of-credit, and an endowment exceeding $25 million. 

(7) Action Items/Resolutions:

            (a) BOT approved the CPA firm of Thompson, Cobb, & Bazilio to serve as outside auditors of LU finances for FY 2008

            (b) BOT approved motion to spend 2.5% of endowment funds annually  (this figure represents a decrease of .5% from last year)
            (c) BOT approved an Intercollegiate Athletics’ Mission & Philosophy statement as well as the duties of the Faculty Athletics Representative

(8) Brief Reports of Committees:

            (a) Trustee W. Colbert will end his BOT service this semester; Board honored him for his 8 years of service (2000-08)

            (b)Buildings and Grounds: Trustee D. Taylor updated Board about selected
facilities that are on the list for renovation, e.g., Cresson Hall

            (c) Degrees/Nominations Committee: to date, 7 names had been received for honorary degrees; names and rationales should be submitted to Vice Chair G. Miller; Committee had discussed possibility of securing honorees one or two years in advance; Committee will meet with Faculty counterpart later this month

(9) Adjournment


James L. DeBoy
February 10, 2008                   




Lincoln University of the Commonwealth of Pennsylvania
1570 Baltimore Pike, P.O. Box 179, Lincoln University, PA 19352 \
(484) 365-8000
Contact Admissions