FRIENDS OF LADY BIRD JOHNSON MUNICIPAL GOLF COURSE, INC
FRIENDS OF LADY BIRD JOHNSON MUNICIPAL GOLF COURSE FOUNDATION, INC
Annual General Membership Meeting
March 20, 2019
Call to order: The meeting was held in the Cardinal Room at Lady Bird Golf Club and called to order at 7 PM following cocktails and hors de oeuvres.
Minutes: The minutes of the 2018 Annual General Membership Meeting were approved as electronically submitted without additions or corrections.
Financial: The financial report was accepted as stated:
Administrative account: $ 1,002.80
Junior Golf Foundation account $ 45,970.23
Total revenues $74,532.90
Total expenses paid $27,559.87
Checks not cleared $1,048.22
The corporate history of FOLB and FOLB Foundation was discussed:
FOLB, Inc. Original FOLB organization
Holds City Council Resolution of March 9,2009
Elected Board of Directors serves as Foundation Board
FOLB Foundation, Inc. IRS 501 c 3 entity
Wholly owned subsidiary of FOLB, Inc.
FOLB, Inc. Create finest golf venue for residents and visitors
FOLB Foundation, Inc. Enhance golf experience for Juniors, Persons with disabilities, and Seniors
Professional Management for Lady Bird Golf Course
Adopt appropriate Financial Controls
Manage to Industry Standards
Incorporate Long range planning
Terminate FOLB, Inc. Approved by motion and unanimous consent
Revise Bylaws of FOLB Foundation:
Stand alone corporation
Adopt new mission statement: Approved by motion and unanimous consent
Assumed Name: Junior Golf Foundation of Fredericksburg
Elect Board of Directors for FOLB Foundation, Inc.: Duly elected by unanimous consent:
Junior Golf Report:
Junior Golf Clinics
2018: Over 20 clinics were conducted for juniors 7 to 16
$12,000 was spent on equipment for clinics.
Funded and donated 144 individual clubs and 27 golf sets for Clinics
Funded 7 PGA Professionals to conduct 20 Junior Clinics
2019: Scheduled to begin April 6
Funded and donated SNAG (Starting New at Golf) sets to FES
Funded and donated shirts, pants, rain gear, range finders, umbrellas, back packs, fleece shirts, FISD golf teams
Cocktail party at Boot Ranch raised $43,000
1st Junior Golf Tournament at Boot Ranch on October 8th
25 businesses contributed
No cost to FOLB Foundation by Boot Ranch
$28,000 net was raised for junior golf.
Community event planned for Boot Ranch in May or June.
Birdies for Billies
Hal Sutton invites people to donate for every birdie he makes on Tour.
Spring Fling to show case Hill Country jewelry and home decorations
Vendors have pledged 10% to junior golf.
Second annual tournament is scheduled for September 9.
Purchasing for FISD:
SNAG equipment for all middle schools in Gillespie county.
Set up an operating golf simulator for FHS students.
Purchase a trailer to transport golf equipment to tourneys.
Explore funding Golf Haus on FISD campus
Continue to explore ways to provide a 3-hole course for beginners.
Meeting adjourned at 7:35
Ron Moerbe, Secy