UA-R-GC-1914-01-01-1966-04-22_Page-008

I I I THE AMERICAN UNIVERSITY IN CAIRO Board of Trustees Executive Committee Meeting 2 June 1966 The Executive Committee of the Board of Trustees met on the 2nd of June 1966 at 12:30 P.M. In the University office in New York. 866 United Nations Plaza. New York, N. Y. Present: Kessrs. Cole - Chairman, Dirks, Barco, Newsom. Payne. Thorne and Thoron. Mr. Cole acted as Chainman of the meeting and Mr. Thoron as Secretary. The meeting. as had been earlier suggested. was devoted almost entirely to the discussion of University finances. The discussion was b \",,(;/" d ~ and, while no fonmal decisions in the fonm of resolutions were taken. the following agreements emerged from the meeting: (a) That a special fund raising campaign should be immediately set in motion with $5.000.000 as its broad goal. (b) That Mr. Barco and Hr. Thoron would prepare for the consideration of the Trustees a policy statement in this regard as well as specific proposals for this fund raising effort. (c) That in connection with the current fund raising proposal there should be prepared for the approval of the Trustees a restatement of the University's broad policy on its relationship with the United States government. At Hr. Cole's invitation Hr. Barco reported on his and Hr. Thoron's recent visit to the University. Hr. Barco said that the visit had concerned itself with a number of matters, but principally an examination of the University's financial situation. He said that on the basis of a number of long working sessions which included President Bartlett, Hr. Dold. himself and Mr. Thoron and subsequent discussion