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HomeMy WebLinkAboutC24301 ATHENA ScholarshipCITY OF PALM DESERT Community Services Division Staff Report REQUEST: REQUEST FOR APPROVAL OF PALM DESERT ATHENA SCHOLARSHIP AWARD AGREEMENT BETWEEN THE CITY OF PALM DESERT AND CALIFORNIA STATE UNIVERSITY, SAN BERNARDINO (Contract No. C24301) SUBMITTED BY: Patricia Scully, CFEE, Senior Management Analyst DATE: September 28, 2006 CONTENTS: Subject Agreement RECOMMENDATION: By Minute Motion, approve an agreement between the City of Palm Desert and California State University at San Bemardino to establish the Palm Desert Athena Scholarship Fund. EXECUTIVE SUMMARY: For the past four years, the City of Palm Desert has served as the sponsor of the Palm Desert Athena Award, which includes the granting of scholarships to deserving students enrolled at California State University, San Bemardino (CSUSB). BACKGROUND: The Athena Foundation is an international organization that supports, develops, and honors women leaders by inspiring them to achieve their full potential and create a balance in leadership worldwide. Four years ago, the City of Palm Desert assumed responsibility for administering this program in the local community, which focuses on the personal traits of strong, successful leaders who capture the spirit and collaborative leadership style often exemplified by women leaders, white also recognizing the importance of traits such as courageous acts and fierce advocacy in the pursuit of excellence. The Athena Foundation gives local sponsors the latitude to organize their programs in the manner which best suits specific communities. When the City assumed the sponsorship role for the Palm Desert Athena Award, it was determined that a scholarship component would be attached to the annual recognition ceremony. The manner in which the awards have been administered in the past has required that recipients pay income tax on the scholarships, as the City has simply made them payable directly to recipients. In order for CSUSB to effectively administer this award in a manner that meets the criteria of all others associated with public institutions in the CITY COUNCIL STAFF REPORT SEPTEMBER 28, 2006 RE: PALM DESERT ATHENA SCHOLARSHIP AWARD AGREEMENT BETWEEN THE CITY OF PALM DESERT AND CALIFORNIA STATE UNIVERSITY, SAN BERNARDINO State of California, the attached agreement is necessary. Approval of this agreement will allow the City of Palm Desert to fund scholarships through CSUSB in the future without becoming involved in the issuing of year-end statements to recipients and reporting these awards to the Internal Revenue Service for taxation purposes. Therefore, staff recommends that the City Council approve the subject agreement, which will establish the Paim Desert Athena Scholarship Fund. ctiC1-7 Cex,16 _ PATRICIA SQJ4IY, CFEE PAUL S. GIBSON E IOR M NT ANALYST FINANCE DIRECTOR/CITY TREASURER SHEIIA R. ILLIGAN ACM/COMMUNITY S VICES PS:mpg CARLOS L. OR GA CITY MANAG CITY COUNCIL ACTIOW, APPROVED .7 DENIED RECEIVED OTHER 1"413kITING DATE 1- 9,g-0(0 'ascii Fergy5On NOES: A104 SENT:_beason BSTAIN: prof) e VERIFIED BY: RA /aryl ginal on File with clty Clerk s Office 2 Contract No. C24301 PALM DESERT ATHENA FUND SCHOLARSHIP AGREEMENT The Palm Desert ATHENA Committee does hereby contribute to the Foundation for California State University, San Bemardino (CSUSB) the amount of $2,625.00 to establish the Palm Desert ATHENA Scholarship on October 25, 2006. RECITALS Whereas, the City of Palm Desert desires to promote higher education for the students of Califomia State University, San Bemardino; and Whereas, the City of Palm Desert recognizes the importance of universities and the role they play in providing higher education for individuals; and Whereas, the Foundation for California State University, San Bemardino (CSUSB), a non-profit 501(c) 3 corporation, has been formed to assist CSUSB in conducting its mission of providing higher education services; and Whereas, the City of Palm Desert wishes to provide funding to the Foundation for CSUSB for the purpose of providing scholarship funds for CSUSB students. Now, therefore, it is agreed as follows: This scholarship is to provide funds to help meet the cost of education — fees, books, expenses, room and board — for students who meet the following scholarship criteria: Student enrolled at the Califomia State University San Bemardino Minimum G.P.A. of 3.0 The City of Palm Desert understands that this scholarship will be closed out once all of the funds are expended through awarding of scholarships. All funds contributed to the University for scholarships are administered through the Foundation for CSUSB. A 5% administrative overhead fee is charged on all gifts administered by the Foundation of CSUSB at the time of deposit. Palm Desert Athena Fund Scholarship Agreement Contract No. C24301 Expendable scholarships are publicized campus -wide beginning in January of each year. Applications are reviewed by the Palm Desert ATHENA Committee and administered by the CSUSB Financial Aid Office. If the terms of the agreement cannot be met for any reason, the Foundation, on behalf of the University, reserves the right to make the necessary changes so that the monies can be awarded. The Foundation, on behalf of the University, reserves the right to make the final decision in awarding scholarships. The Foundation will advise the University to include this gift commitment in any appropriate intemal reports and fundraising materials that list donors, unless the donor specifically requests anonymity. The Scholarship shall be named as follows: Waste Management of the Desert Scholarship The City of Palm Desert hereby accepts these guidelines for the establishment of the Palm Desert ATHENA Committee. City of Palm Desert 73-510 Fred Waring Drive Palm Desert, CA 92260 The Foundation for CSUSB By: By: Carlos L. Ortega, City Manager Date: Approved as to form: David J. Erwin, City Attomey David DeMauro, Treasurer Date: 2