WAEF Directors Hold 4th Quarter Meeting

Amairani Martinez shares with board members about her college and WAEF experiences

Amairani Martinez shares with board members about her college and WAEF experiences

Members of the WAEF board of directors met yesterday at Central Washington University for their quarterly board meeting. Present were chairman Bob Mast, vice-chairman Chris Willett, secretary Jeff Fagg, treasurer Dwaine Brown and members Andrew Sundquist, Bart Gebers, Ben Jensen, Cory Groves, Dave Robison, Frank Davis, LaVerne Bergstrom, Laurie Knebusch, Rolando Martin, Ruth Pringle and Dennis Bigness (elected at the meeting).  

Scholarship Recipient Presentation - Amairani Martinez WAEF third-year scholarship recipient Amairani Martinez shared about her experiences as a WAEF student attending Central Washington University. Amairani begin her college years with the intent of becoming a dentist. During her first year as a WAEF student, she attended our career exploration tour occurring that year at Allan Brothers. She shared it was eye-opening for her to learn of the careers present in the industry.   In part due to her career exploration experiences, she changed her major to cellular and molecular biology to pursue a potential career as either a lab analyst or a middle or high school biology or chemistry teacher. Amairani continued to be diligent about exploring opportunities and taking advantage of the opportunities she has through WAEF and spent time with Ken Janes, Tree Top's vice present of Quality and Technical Services. Through her visits at Tree Top, she learned that to pursue work as a lab analyst she should add a minor of chemistry.   Amairani thanked board members for all they do for students and also for contributions to the Salute to Farmworkers display at the Yakima State Fair and through the WAEF Weekly e-mails.  She also shared her appreciation for growers Eric & Sue Olson for each year encouraging her to apply.  

Recognition and Elections This was the final board meeting for member Dave Robison of Chelan. He joined the board five years and was an avid supporter of the foundation. He shared he most appreciated about his board service the passion for the work of the foundation shared by all board members and the dedication to do whatever necessary to get the job done. He was thanked at this meeting for his service with plans for official recognition to occur in May.   Dennis Bigness was elected to fulfill the remainder of Dave's term. Dennis is a longtime volunteer with WAEF and a financial supporter of student education. Professionally, Dennis is a vice-president and relationship manager with Northwest Farm Credit Services based in their Pasco office. Dennis believes strongly in the impact of higher education and its life-changing potential for individuals and families.  

Investment Policy Statement Directors approved a change to the WAEF Investment Policy Statement at the recommendation of the foundation's Investment Committee. This is a link to the now current WAEF policy regarding management of the pooled scholarship funds: Link  

Leaderboard! As in past quarters, actions of directors to influence fulfillment of WAEF's mission were recognized. Leading the board this quarter were Rolando Martin, Larry Martin and Cory Groves.  Our very special thanks to them!  

Compliance Annually board members receive a reporting of the filings and licenses WAEF renews to be in compliance with state and federal laws and good governance practices.   25th

Anniversary Plans Next year WAEF celebrates its 25th anniversary. Anniversary activities will be built in to all existing WAEF events to encourage all participants in WAEF to celebrate the impact being made collectively. Additionally, donor recognition visits will be scheduled to thank those that have had the largest financial and longest involvement.  

2019 Budget Approved The 2019 WAEF budget was approved. It is anticipated we will raise contributions received as restricted and unrestricted combined to total of $1,874,000 in 2019. This is about six percent higher than the 2018.  Expenses in 2019 are anticipated to be approximately $2 million. Expenses in 2019 will be covered by funds raised in the current year and through permanent scholarship funds established over the last 25 years. The largest anticipated expense in 2019 will be direct scholarship payments of over $1.2 million. Additional expenses include ESL grants, scholarship training, Beyond the Scholarship activities supporting career development & student success, Spelling Bee, art contest, scholarship administration, fundraising and operations.  The greatest amount of conversation regarding the budget had to do with establishing the appropriate staffing level to support a growing number of scholarship recipients.  2018 saw an increase of over 60 students and it's anticipated 2019 will see another increase of about 35 students (historically, we've increased 10% on average).  A 1/2 FTE was approved and an emphasis will be placed on increasing efficiency through use of technology. While most income categories had slight incremental changes, a new fundraising push is being established in celebration of the 25th Anniversary. We are encouraging individual donors to make $25 monthly contributions to WAEF. Specifically, 250 donors making $25 monthly donations in honor of 25 years.

More at www.waef.org/monthlygiving

WAEF at the Washington State Tree Fruit Association Annual MeetingSee WAEF board members for raffle tickets to win the Rears Powerblast Sprayer, to donate to the silent or live auction and learn about WAEF students attending the convention! We look forward to connecting December 3rd-6th! The WAEF booth is in the main convention center. The next meeting of the board of directors occurs on January 31st, 2019. 

Link to WAEF board of directors