A stated meeting of the Purdue University Board of Trustees convened on Friday, August 5, 2022, at 10:05 a.m., on the campus of Purdue University Fort Wayne. The meeting was held in the International Ballroom located within the Walb Student Union.

Trustees present were: Michael Berghoff, chairman; Sonny Beck; JoAnn Brouillette; Vanessa Castagna; Theresa Carter; Malcolm DeKryger; Mark Gee; Michael Klipsch; Gary Lehman, vice chairman; and Shawn Taylor.

Officers and administrators in attendance were: Mitch Daniels, president; Jay Akridge, provost and executive vice president for academic affairs and diversity; Chris Ruhl, chief financial officer and treasurer; Eva Nodine, vice president and assistant treasurer; Steve Schultz, general counsel; Cindy Ream, corporate secretary and senior executive assistant to the Board; Ron Elsenbaumer, chancellor of Purdue University Fort Wayne; and Tom Keon, chancellor, Purdue University Northwest.

I. ROLL CALL

Chairman Berghoff called the meeting to order and noted all trustees were in attendance. Chairman Berghoff welcomed Shawn Taylor, the new trustee appointed by Governor Holcomb. Trustee Taylor remarked that he was excited for the opportunity.

Chairman Berghoff thanked Chancellor Elsenbaumer and Purdue University Fort Wayne for hosting the Board of Trustees.

II. APPROVAL OF UNANIMOUS CONSENT AGENDA

The Academic and Student Affairs Committee, Physical Facilities Committee, Finance Committee, and Compensation Committee all convened public meetings immediately prior to this Stated Meeting. Chairman Berghoff read the list of items on which the Committees voted to recommend full Board approval, which composed the unanimous consent agenda along with other routine items, as follows:

• Minutes: Executive Session: June 9, 2022; Stated Meeting: June 10, 2022; and Executive Committee: July 11, 2022
• Approval of Conflict of Interest Disclosures
• Approval to Award Posthumous Degree to Timothy W. St. John
• Approval to Name; Dr. Zhuming Bi as the Harris Chair of Wireless Communication and Applied Research
• Ratification of Dr. Young-Jun Son’s Appointment of James J. Solberg Head of Industrial Engineering
• Approval of Naming Helen Bass Williams Academic Success Center
• Approval of Naming Schweikle Aero/Astro Research Labs at the Hypersonics and Applied Research Facility
• Approval of Provost’s Delegation of Authority Resolution
• Approval of 2023-2033 Ten-Year Capital Plan
• Approval to Plan, Finance, Construct and Award Construction Contracts for Max W & Maileen Brown Family Hall Renovation
• Approval to Plan, Finance, Construct and Award Construction Contracts for the Repair and Rehabilitation Projects; Vawter Hall Electrical Enhancements and Replacements; Northwest Chiller Plant System Improvements
• Approval to Exchange Parcels with the City of West Lafayette for the Realignment of Cherry Lane
• Approval of University Healthcare Plans
• Approval of 2023-2025 Line Item Budget Requests
• Approval of Contract Amendment for Men’s Basketball Coach

Chairman Berghoff asked if any of the Board members wished to have an item removed from the consent agenda or reserved for further discussion. Hearing no such request, and upon proper motion duly made and seconded, the Board of Trustees voted unanimously to approve the unanimous consent agenda. All supporting materials were filed with the minutes.

III. RESOLUTION OF APPRECIATION FOR FRIENDS OF PURDUE UNIVERSITY

President Daniels profiled the gifts of $1,000,000 or more which the university had received since the Board’s Stated Meeting on June 10, 2022. The donors of these gifts were recognized in the following Resolution of Appreciation:

WHEREAS, the following friends of Purdue University have generously contributed $1,000,000 or more to move Purdue to greater excellence and preeminence; and

WHEREAS, the University wishes to acknowledge the significance of these gifts to new directions, advancements, and momentum in Purdue’s history, progress, and future;

BE IT THEREFORE RESOLVED BY THE TRUSTEES OF PURDUE UNIVERSITY:

1. That the University and the Trustees are grateful to these individuals for their leadership and support of Purdue University; and

2. That this resolution be spread upon the minutes of the Board of Trustees as part of the permanent record of the University.

FRIENDS: James and Diann Robbers, to support Purdue Center for Cancer Research; J. David Schweikle, to support the School of Aeronautics and Astronautics; John and Ellen Ford (posthumously), to support Purdue University; and Phyllis Melick, to support Purdue Center for Cancer Research.

President Daniels asked for the Board’s expression of appreciation. Upon proper motion duly made and seconded, the Board of Trustees voted unanimously to approve the Resolution. Supporting materials were filed with the minutes.

IV. GOVERNANCE UPDATE: END OF YEAR REPORT

President Daniels began his report by noting that the update for August is characterized as a end of year report. He shared application trends, which have more than doubled over the last few years, and noted that undergraduate enrollment has grown 30%. One notable statistic is the 116% increase of non-resident applications which is where the bulk of the growth has come. President Daniels stated that this reflects the strong reputation of Purdue across the country. He credited the faculty and all of those who have played a role in bringing attention of our university to students elsewhere. President Daniels reported a record undergraduate enrollment number of just under 38,000 students.

President Daniels provided system-wide financial highlights. He noted steady-state surplus on all campuses, a tuition freeze extension through 2023-24, compensation increases, and enrollment growth investments. The university’s AAA bond rating was reaffirmed, and $198M of new capital projects were approved without debt financing. President Daniels shared the undergraduate summer enrollment numbers, which show Purdue having the largest growth percentage in the Big Ten. He also noted that 40% of the returning undergraduate students are accumulating at least some credits. The Summer Start program has also helped to diversify the student body.

President Daniels shared the continued upward trajectory of research expenditures with more balance than in the past and a record number for this year. He concluded with information about entrepreneurship and how the program is restructuring. A copy of President Daniels’ report presentation was filed with the minutes.

V. REPORT OF PURDUE UNIVERSITY FORT WAYNE

Chancellor Elsenbaumer thanked the Board, President Daniels, and President-elect for taking the time to come to Fort Wayne. He introduced Purdue Fort Wayne noting some fun facts, points of pride, institutional aspirations, and near-term objectives and impact in Northeast Indiana. He noted that regional campuses have a very different mission than what a flagship campus, like West Lafayette, does. He reminded everyone that as a regional campus in Fort Wayne they have been heavily focused on developing and engaging in the local community. He provided an evolution, history and progression leading to what is now, Purdue University Fort Wayne.

Chancellor Elsenbaumer shared the Purdue Fort Wayne Strategic Plan 2022-25 outlining champion student success; embracing diversity, equity and inclusion; enhancing quality of workplace; and promoting community engagement. He provided various statistics referencing the success they have had and their plans for the upcoming years. Chancellor Elsenbaumer informed the Board that due to some restructuring, budget changes and financial planning, last their composite financial index went up considerably and will see a repeat for this year. He ended his presentation by noting the new music building and the relocation of programs to main campus from the current Sweetwater location. He also mentioned that more student housing is needed to meet the increasing demand and enrollment growth strategies. A copy of Chancellor Elsenbaumer’s presentation was filed with the minutes.

VI. ELECTION OF OFFICER

Chairman Berghoff shared the need to elect an officer due to the retirement of Jim Almond, former assistant treasurer. He recommended that Eva Nodine be elected as new assistant treasurer. Upon proper motion duly made and seconded, the Board of Trustees voted unanimously to approve the election of Eva Nodine as Assistant Treasurer.

VII. ADJOURNMENT

By consent, the meeting adjourned at 11:15 a.m.