Item 5.1 Update on the Activities of the Foundation for California Community Colleges

This item will include the following updates related to the activities of the Foundation for California Community Colleges (Foundation).
Foundation Board Update
Newly appointed Foundation Board Chair, Patricia Sullivan, will provide an on the activities and outlook of the Foundation's Board.
Fiscal Year 2012 Financial Audit Results
Foundation President and CEO Keetha Mills will provide a brief overview of the Fiscal Year 2012 Financial Audit results.