FY23 ISUAA Board Goals

DEVELOP THE NEXT ISUAA STRATEGIC PLAN

The work of the strategic plan committee will focus on creating the association’s next strategic plan. Information to guide this work includes the Iowa State University 2022-2031 strategic plan and the ISUAA 2022 constituent engagement survey results. A timeline and process will be shared at the August 2022 board meeting. A draft plan for board discussion, input, and review will be presented at the February 2023 board meeting. A final plan will be presented for approval and vote at the May 2023 board meeting.

EXPAND OPPORTUNITIES TO FURTHER DIVERSIFY STAFF AND TO ENHANCE INCLUSIVE ENGAGEMENT OF ALUMNI, STUDENTS, AND FRIENDS

Continue to build on existing work to recommend to the board by the February 2023 board meeting up to three concepts that the ISUAA should pursue to further its efforts to diversify staff, make existing programs more inclusive, and engage more strategically with campus partners.

IMPROVE THE ONBOARDING PROCESSES OF NEW BOARD DIRECTORS AND CODIFY ACTIONS THAT WILL BE TAKEN TO IMPROVE THE ONGOING ENGAGEMENT OF FORMER BOARD DIRECTORS/FORMER BOARD ASSOCIATES

The Governance Committee will take a deep dive into the board’s current orientation and onboarding processes (Talbot President and CEO/Board Mentor new board director orientation, group on-site onboarding, and postboard meetings’ first-year inquiry sessions) to determine how these processes might be improved. The committee will also review minutes from deeper-dive discussions of the FY22 February and May board meetings to determine ways to improve the ongoing engagement of new board directors. The committee will further review the information from deeper dive sessions to explore opportunities on how the ISUAA can improve efforts to keep former board directors and former board associates engaged. Governance will provide its report and recommendations to the board by the February 2023 board meeting identifying up to two ideas in each area for how we can enhance new board directors’ orientation and onboarding processes and former board/ former board associate engagement to implement in FY24.

MONITOR ALUMNI ASSOCIATION MEMBERSHIP TO ENSURE FINANCIAL HEALTH OF THE ASSOCIATION IS MAINTAINED

The work of the membership committee will be to help guide staff on decisions surrounding membership-related matters, including, but not limited to dues rates, member benefits, special-designed membership programs, etc. A timeline for reporting on the committee’s scope of work will be established by September 1, 2022.

IMPROVE OVERALL BOARD DIRECTOR EDUCATION AROUND THEIR ROLE AND ONGOING IMPROVEMENT

Using information from Board Checkup, as well as reviewing FY22 minutes, a sub-committee of the Governance Committee will lay out a plan by November 2022 regarding what areas the board will address and how those areas will be addressed during the remainder of FY23.

CODIFY THE BOARD’S PERSONAL GIVING EXPECTATIONS AND HOW THE BOARD CAN BEST SUPPORT FUNDRAISING FOR THE ISUAA

Working with ISUAA’s director of development and Talbot Endowed president and CEO, the Executive Committee will address the continuing questions on how we best communicate the board’s position on financial giving expectations and what items count toward giving to the ISUAA. The committee will also review information received from CAAE’s “Show of Hands” survey to help inform the overall review to develop a comprehensive response to board giving, involvement in fundraising, stewardship support, and donor identification by the February 2023 meeting.

ITEMS TO MONITOR IN FY23

ENSURE REPORTING RELATED TO THE IMPLEMENTATION OF THE FINANCIAL HEALTH ADVISORY WORK GROUP CONCEPTS

The Finance Committee will monitor the budget and receive quarterly progress reports from appropriate staff regarding results related to the implementation of the following FY22 Financial Health Advisory Work Group’s concepts: • 100 Life Member prospects program (Jeff Johnson) • Each board director’s engagement of at least one new life member (Jeff Johnson) • Response to annual members becoming Sustaining

Donors (Shannon Foote)

• Number of accounts secured by Farmers Insurance and

TeleHealth (Shellie Andersen)

• Financial impact of the new merchandise partner (Shellie Andersen)

• Annual fundraising toward the Programs Endowment (Jamie Stowe) • Results of the Kansas City Gala (Shellie Andersen) • The Finance Committee will add information on these items to their regular reports to the board. The committee will also report by the November 2022 meeting the status of the columbarium project and meetings with the Reimans regarding the future naming of the ISU Alumni Center.

EXPLORE THE ISUAA’S ENGAGEMENT WITH ATHLETICS’ COMMERCIAL DISTRICT PROJECT (A.K.A. “CYTOWN”)

The ISUAA Executive Committee will, at an appropriate time, consult with athletics to setup meeting opportunities to discuss the status of this project and how the ISUAA can best support this initiative. The board will receive quarterly reports from the Executive Committee on this item.

SUPPORT THE FINAL RECOMMENDATION AND IMPLEMENTATION OF THE NEW IOWA STATE UNIVERSITY FLAGSHIP PUBLICATION

A report and recommendation will come from ISUAA leadership on this item no later than the board’s August 2022 meeting. The Leadership Team will monitor feedback and reactions to the new flagship publication and provide an update at each board meeting.