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Iowa State Chapter of Triangle Fraternity
Alumni Board Meeting Minutes - 11-18-2010 E-mail

Attendees:
Jason Carroll
Nate Engle
Josh Brown
Brian Vanecek
Brant Bristow


Minutes:

  • Have a property management guy lined up to look at the property.
    • Jason is working to coordinate a tour with Clint and/or Brace.
  • Code issues with Annex
    • Josh has a checklist from a city of Ames website with a list of things included in the rental code.
    • Good news is that we shouldn't have to worry too much about major renovation type expenses, since we don't have to conform to building codes, just the rental code.
    • The rental company should be able to provide some guidance, plus any feedback we get from the inspection.
  • Discussed getting a BLF loan for this.
    • Use that money to improve the annex.
    • Nate - Could we ask for more to pay off our First National loan?


Motion 1)

I move to hold an Annex Work Weekend for Dec 4th to fix any required aspects of the Annex that we need to fix in order to get it up to code per the City of Ames.  In order to hold the work weekend we will need to turn back on power and water to the Annex before the work weekend starts.  We will work with the active chapter to get as many of them to attend, but their attendance will be optional as finals are only 15 days from this date.  We will advertise the work weekend via the website and email newsletter.

Board conditionally approves this motion contingent on getting money from BLF to fund the work.  Josh Brown will talk to BLF to see what this will take.

 


Motion 2)

I motion that we attempt to keep the chapter solvent and own and maintain all 3 parcels of land we currently own for at least the next three years by requesting alumni donations and pledged donations totaling $38,250.  This number was reached as follows:

Current Debt     $8,000.00
3 years expenses:     $45,000.00
3 years Annex Rent Income:     -$33,750.00
3 years maintenance/upkeep on main house:     $6,000.00
recruitment expenses and active chapter support     $8,000.00
unexpected expenses / unfulfilled pledges     $5,000.00

TOTAL:     $38,250.00


We will set a deadline of March 31st to obtain all donations and pledges.  If we are within 80% our fund raising goal we will proceed with the long term plan for the house and facility as developed by the facilities committee.  If we do not meet our goal then we will contact all of the donors and issue them refunds or if they wish we can forward their donation on to the National Fraternity and we will start executing a plan to sell the chapter property (this plan is also to be determined by the facilities committee). 

Brant/Josh proposes an amendment that the board along with the facilities committee will convene a meeting once the deadline is reached to evaluate progress towards the goal and determine which actions are necessary.

 

Motion passes as amended.

 


 

  • Josh Brown reports that he is still working on forming the Facitilies committee.  Right now, more focused on the short term, primarily looking at securing the financial situation for the next three years.
    • Has been contacted by a few alums interested in the committee.

 

  • Josh discussed a little about the fundraising effort.
    • Looking at setting up a fundraising page on the website over the next two weeks.
    • Get the chapter roster together and break up the list into 20 sections.  Then get as many people as possible calling everyone.
    • Beyond just soliciting donations, we will also seek updated contact information for other members.
  • Josh will contact Scott Bova tomorrow to discuss loan possibilities.
 
Triangle Has a New Home at Iowa State! E-mail

December 17, 2015

Greetings Brothers,

After a long, difficult journey, Iowa State Triangle is no longer homeless! That’s right, beginning with the Fall 2016 semester, Triangle will occupy the SAE house at 140 Lynn Ave. Almost a year ago, we began discussions with SAE (who were suspended from ISU for at least four years) about renting their house. Timing, financials, and other factors made it unfeasible at that time. The opportunity re-surfaced in October when SAE contacted us again. The alumni board and the actives put in a great deal of work in the last two months to create a feasible plan that works for both parties. Triangle and SAE have reached agreement on the key parameters and executed a Letter of Intent while the lease instrument itself is developed. This is great news for Triangle at Iowa State. The guys will now have a home where they can strengthen their brotherhood and it should assist their recruiting efforts as well. It’s a beautiful house, located in the heart of the Greek community. It’s been a lot of work to get to this point and we still have much more to do. We’ll share more details after the holidays.

SAE at Iowa State

The new house is a good opportunity to remind you of the Chapter Endowment Fund (CEF). One and one half years ago we launched the CEF to establish an endowment which would annually provide funds to directly support education opportunities for the Iowa State colony. Our goal was to secure $100k in donations. An endowment of that size will produce approximately $5,000 annually in support. We launched the CEF at our 50th Anniversary Celebration and announced that we had already secured $45k from four brothers that had agreed to jumpstart the fund. Disappointingly, one of those commitments hasn’t been honored. Currently the fund stands at $74,600. So we have achieved 75% of our goal.

The endowment has already benefitted the Iowa State members. Using CEF funds, some of our brothers were able to attend Triangle’s Leadership Training Weekend as well as a Regional Leadership Conference this year. These events provide focused, hands-on training that not only benefits the men, but the entire colony. Nate Perkins, the colony President, said the events were valuable experiences and he hopes to be able to send more members to future training. CEF funds can also be used for any education-related expense in the new house such as study areas and supporting technology.

To the 32 brothers out of 400+ living alumni of the Iowa State Chapter that have donated to the endowment, I thank you very much. That’s right, only 8% of our alumni have contributed. That’s disappointing, and frankly, completely contrary to what I expected. I’m pretty certain all of us would say our experience at Triangle benefitted us in our personal and professional lives. I’m also pretty certain that, in part because of Triangle, we can spare a couple hundred bucks to give back. After a difficult time, Triangle is back at ISU. This community that was such an important part of our lives when we were young will continue its legacy of positively influencing and benefitting young men. The Alumni Board has expended a great deal of time and effort toward re-establishing Triangle at ISU. I understand that many of you are not able to donate time to help the new colony, but would you please consider donating some money - even a small amount - to show the undergraduates that they have a large portion of their alumni brothers standing behind them supporting their success?

If after reading the other two previous request letters you set them aside to deal with later and then forgot about them, I ask you to write a check immediately this time. I’ve included instructions below. The donation is completely tax deductible, so you can help Triangle and your 2015 taxes! Please help get this across the finish line so we don’t have to spend any more effort on this and we can focus our efforts on the other activities needed to help the undergraduates succeed.

Thank you for your consideration. Go Clones!

In F,S,&C,

John P. Pritchard

Write a check to “Triangle Education Foundation” and put “Iowa State CEF” in the memo field. Mail it to Triangle Education Foundation, 120 South Center St, Plainfield, IN 46188-1214.

FYI: You can also donate stock directly from your investment accounts. Donating stock allows you to avoid capital gains on the stock. So it’s a great way to benefit Triangle and avoid capital gains taxes!

 
Homecoming Meeting Info E-mail

Hi everyone, one more last-minute email before Homecoming! Great to see folks meeting up at dinner last night; we hope to see lots of you at the alumni meeting and tailgate today!

Download the agenda for the meeting here. The call-in number and passcode are listed and here:

Call-in Number: 712-432-0460
Passcode: 165176#

For those attending the meeting, please use the North Door of the Alumni Center at noon.

Contact me if you have any questions. We all look forward to seeing or hearing from you at noon!

In F, S, & C,

Brant Bristow is98
Alumni Board President
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
515-991-4176

 
Alumni Board Meeting Minutes - 01-11-2011 E-mail

Attendees:

  1. Chris Moe
  2. Jason Carroll
  3. Brian Vanecek
  4. Brant Bristow
  5. Bill Stockdale
  6. Dane Pigott
  7. Dax Kuhfuss
  8. Olaf Peterson
  9. Nate Engle
  10. Josh Brown
  11. Colby Moorberg
  12. Matt Moorberg
  13. Justin Richardson
  14. Brian Tenclinger
  • Bill Stockdale motions to recommend to the National Council that the Chapter be suspended.
    • Seconded by Dane Pigott
    • Amend to request that the active chapter be allowed to initiate Aaron Swailes.
      • Passed by UC.
    • Vote on amended motion
      • Motion approved 6 - 0.
  • Set time for next meeting.
    • 8 pm on Sunday, January 16th.
 
Alumni Board Meeting Minutes - 01-23-2011 E-mail

Attendees:

  1. Brant Bristow
  2. Nate Engle
  3. Chris Moe
  4. Josh Brown
  5. Jason Carroll
  6. Dax Kuhfuss
  7. Brian Vanecek
  • Office/Committee Reports
    • President
      • Still working on renting the annex in the short term
      • Management company believes they can get $1,350 - $1,400 a month for Spring 2011. $2,000 a month for the Fall.
      • $825 spent on repairs thus far.
      • No written contract right now.
    • Treasurer
      • Current Status
        • Have about $1,500 dollars.
        • Will pay down taxes on annex.
        • Get $850 in pledged donation this past week.
      • Authorization of checking accounts
        • Will close active accounts and only use the alumni account.
      • 3-year amount due = about $30,000 ($10,000 due May, other $20,000).
  • Old Business
    • Suspension of Active Chapter
      • Suspension Letter - Awaiting National vote on Monday (they rescheduled from Sunday).  Expecting Brian T. to let us know.
      • All Ritual items at Aaron Brace's house.
      • Nate asked about the check books for the checking account
        • Nate will follow-up with who he thinks has them.
        • Have a local alumnus pick them up.
      • Initiation of Aaron Swailes
        • Pending the vote from National Council on Monday.
      • Garbage, Utilities, etc.
        • Garbage collection canceled.
        • Incurring expenses for heating the annex.
  • New Business
    • The following positions are provided access to all donation information:
        • President
        • Treasurer
        • Facilities Director
        • All elected or appointed positions that primarily deal with fund raising.
      • Approved unanimously.
    • Seek a loan for immediate needs.
      • Will be much faster than fundraising.
      • General thoughts on terms
        • Something like 2% APR.
        • Will start paying back in 2014 when new colony starts up.
        • If we sell the property, they will be paid back first.
      • Nate will provide an estimate of money needed to last three years.
      • Ask one or more alumni for a loan to be paid back.
        • Note that BLF is not an option.  They can only provide loans for facility upgrades.
        • Josh has a short list to start with.  Scott Bova has some additional names if needed.
      • Approved unanimously.
    • Discuss process of re-colonization decision.
      • Dax's email with flowcharts.
      • Tabled until Josh's efforts to attain a loan, but discussions will continue via email in the interim.
    • Alumni communication for February 8th.
      • Quick email and/or mailing informing of suspension and re-colonization plans.
      • Don't include fundraising.
      • Draft of communication for the next conference call.
 
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