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Initial foundation board meeting set, six additional trustees announced

The incorporators of the new Arch Foundation for the University of Georgia have adopted bylaws, elected a board of trustees and called the first meeting of the full board by unanimous consent resolution dated June 2. Upon filing papers and being granted a certificate of incorporation by the Georgia Secretary of State on May 3, the incorporators were charged with bringing the organization into being. The incorporators’ consent resolution completes the initial formation of the Arch Foundation, and the initial meeting of the new board will take place June 15 at 10:30 a.m. on campus.

The incorporators are John Phinizy Spalding of Atlanta, vice president and assistant general counsel of Cox Communications and a supporter of the university’s Honors Program; Swann Seiler of Savannah, manager of corporate communications for Savannah Electric and president-elect of the Alumni Association; Robert D. Bishop, retired chairman of SunTrust Bank in Athens and a member of the Athletic Association Board; and William R. Childs of Rome, president of the Student Government Association.

The incorporators also announced they have established a board of trustees consisting of 32 total members, including 24 elected and eight ex officio trustees. This modifies an earlier recommendation that there be nine voting ex officio members and one non-voting ex officio member. Instead, the incorporators designated four ex officio positions on the board as voting, another four as non-voting, and decided not to include the UGA athletic director and a second faculty representative as board members.

“From the beginning, the university made clear to the incorporators that the initial ex officio trustee slate was not set in stone,” says Spalding. “With the assistance of the university, we looked at how other university foundations are structured and decided that this formula is appropriate for the new Arch ­Foundation.”

The newly elected board includes six members not previously announced. They are:

“We are pleased to announce an eminently qualified board, each one of whom has expressed excitement at the opportunity to be a part of the Arch Foundation’s efforts to support the University of Georgia and joins me and my fellow incorporators in looking forward to our upcoming board meeting,” says Spalding.

“Our gratitude goes to each of these persons who has agreed to serve the Arch Foundation and the University of Georgia in the most significant area of development,” says President Michael F. Adams. “We very much look forward to working with them in the years ahead for the betterment of the university.”

The four voting ex officio positions are the president of the university, the chair of the University Council executive committee (a faculty member), the president of the Alumni Association, and the senior vice president for external affairs.

The non-voting ex officio members are the senior vice president for academic affairs and provost, the senior vice president for finance and administration, the chair of Staff Council, and the president of the Student Government Association.

The elected trustees are divided into four classes of six members each:

Additionally, the incorporators announced an inaugural nominating committee which is to report to the first board meeting with a proposed slate of officers and committee assignments. This committee includes Hale, Seiler, and Steve W. Wrigley, senior vice president for external affairs.

The Arch Foundation is being formed as a cooperative organization in support of the university in accordance with the policies and guidelines of the board of regents.

Meanwhile, the university and the UGA Foundation have signed an “Administrative Services and Facilities Agreement” that is effective July 1, 2005. The agreement was signed by Wrigley and C. Read Morton Jr., the UGA Foundation vice chairman.

“The agreement maximizes the UGA Foundation’s ability to support the University of Georgia and minimizes any disruption in the flow of funds from UGAF to UGA,” Wrigley says.

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