Dear Friends,

Thank you for your continued support of the ACPA Educational Leadership Foundation. This past year has been a time of change for the Foundation. We have been growing our efforts and expanding our horizons as we look not only to the ACPA membership but also to corporate friends and colleagues in other foundations for support of ACPA's mission and goals.

Many of our more recent efforts are signs of our growth and progress in becoming a much more visible presence on behalf of ACPA. If you have attended the annual conventions over the last three years, you have seen our presence grow from our signature event, the Diamond Honoree and Donor Reception, to specific fund raising activities such as our golf tournament and silent auction.

We have also been growing our infrastructure to support expanded outreach and development efforts. Many of these changes, while not necessarily visible at first, are the keystones in our plans to raise more support for ACPA. They are changes that began in 2006, but did not become realities until early in 2007. We highlighted some of those changes in our report to the ACPA membership published in the 2006 ACPA Annual Report. To recap, during the first six months of 2006 the following accomplishments were realized:

• The Foundation's Grants Program allocated $10,000 for the support of research in the field of Student Affairs, bringing the total amount awarded in the past six years to $60,000.
• The Foundation allocated $12,000 to ACPA to support programs and services identified by the Association leadership.
• Our endowment grew to $300,000, more than halfway to our goal of$500,000 by 2010.
• $10,300 has been raised toward an endowment for the ACPA Institutefor Multicultural Competencies.  While we are thrilled with this start, more is needed if we are to make the institute a reality.
• The Donna M. Bourassa Scholarship Fund to support attendees at the annual Donna M. Bourassa Mid-Level Management Institute has grown to $ 11,866. Our goal of creating a $25.000 endowment in Donna's name is within our reach!
• The Jamaica Library fund, which will be used to send an entire collection of student affairs books and journals to Jamaica for use by professionals and students in their new student affairs masters program, stands at $2,000. David C. Sundberg, Professor Emeritus at Central Missouri State University, contributed his entire vast collection of books, journals and other publications that have supported his work as a scholar and educator for many years. We thank him for his generosity.

We wrote this report in July 2006. Since that time a number of other changes have been implemented.

• We have outsourced our financial and data base management systems to The Rivers Organization, an association management firm located in Rochester, NY. The contracts for these systems took effect January 1, 2007.  As one of our first tasks, we were able to send to each 2006 donor a summary of their gifts for 2006.
• We also contracted with Auctionpay, a web-based organization specializing in assisting nonprofit organizations with their on-line giving programs. We "went live" with our own on-line credit card donor form on February 1, 2007. Visit our web site at  www.acpafoundation.org/donate.html.
• We have expanded the size of our Board of Trustees, and now have a total of twenty-two members. Lists of the 2006 and the 2007 Board members have been posted on our web site.
• Speaking of our website, we have updated the site, adding pages and special features along with many more photos. Check it out at  www.acpafoundation.org.
• We have expanded the list of recipients of our Planned Giving monthly newsletter. This is a valuable resource for everyone, but particularly for those contemplating or enjoying retirement. If you would like to see the newsletter, please let one of us know and we will add you to the list for the next issue.
• Our 2007 convention fund raising efforts were a huge success, generating cash gifts of nearly $20,000 and another $20,000 in in-kind gifts from the silent auctions and golf tournament.
• Our 2007 fund raising to date has yielded approximately $40,000 in donations, with an additional $25,000 in outstanding pledges. A copy of our 2006 financial report is posted on the web site (www.acpafoundation.org).
• Our signature event at the convention was the Diamond Honoree and Donor Reception. There, we honored sixteen members of the 2007 class of Diamond Honorees. Visit our website to enjoy pictures from the 2007 event. (www.acpafoundation.org/diamond_honorees.html).
• This year we were honored to host several Emeritus membersof the Association at the Orlando conference. Joining us were Glenda "Rusty" Belote, Maggie Culp, Phyllis Mable, Sandy MacLean, Barbara Schoonmaker, and Lud Spolyar. We enjoyed a wonderful breakfast gathering, renewing friendships and exchanging ideas as to how the Foundation might encourage more active participation by Emeritus members in Association and Foundation activities. Visit our website to see pictures from our Emeritus Breakfast, (vvww.acpafoundation.org/meeting 3-31 .html)

We are proud of the rapid expansion of our fundraising efforts on behalf of ACPA, but more importantly, we are proud and honored to have the support of a large number of individual and corporate friends whose loyalty and generosity form the keystone of our program. Thank you all for your participation and support. With appreciation and on behalf of the ACPA Foundation Board of Trustees,

Leila Moore 2006 President ACPA Foundation	Jean Paratore 2006 President ACPA Foundation