Minutes of the Campus Faculty Meeting
April 18, 2006, 3:30 p.m.
Giffels Auditorium

Charles Riggs , Chair
Linda Jones, Secretary
Minutes Status: Approved

I. Call to Order:

Charles Riggs, Campus Faculty Chair, called the meeting to order at 3:33 p.m.

II. Approval of the Agenda

Without objection, the agenda was approved.

III. Minutes of the Fall 2005 Meeting

http://www.uark.edu/depts/campfac/Minutes/2005fallcampfacminutes.html

Without objection, the minutes of the Fall 2005 meeting were approved.

IV. Reports

    A. Chancellor John White spoke on the 2% reallocation process and related issues.

    2% Allocation Process:

    Challenges We Face on Campus:

    • Further increase diversity and celebrate it.
    • Secure full funding of the ADHE formula
    • Continue toward our institutional goals
    • Obtain support for new academic buildings
    • Celebrate our successes but keep moving
    • Raise the bar across campus!

    B. Vice Chancellor for University Advancement G. David Gearhart spoke on the process for establishing development priorities.

    Five focus areas - faculty, students, library, programs, and capital

    Fund Raising Goals

    • $75 million in private gifts; now at $64.5 million; goal of $100 million by 2010
    • 1 billion in endowment the goal for 2010

    Future Plans

    • Build on the momentum
    • Create new Board of Advisors
    • Complete buildings - Walker Hall and Law School
    • Raise need-based scholarships
    • Support Alumni Association endowment
    • Possible mini campaigns
    • Renovate Greek Houses
    • Emphasis on giving
    • Increase stewardship activities
    • Improve campus aesthetics
    • International outreach into the Pacific Rim

V. Old Business

None

VI. New Business

None

VII. Adjourn

The meeting was adjourned at 5:03 p.m.