LOURDES SCHOOL Q.C. ALUMNI ASSOCIATION, INC.

CALL TO ORDER

The meeting was called to order at 9:40 p.m., by the president, Bernie Abis.

QUORUM

Corporate Secretary Mon Pagarigan certified the service of the Notice of Meeting to all batch representatives and declared the existence of quorum for purposes of this meeting. There being no objection or question on the quorum, the meeting proceeded.

AGENDA

For this meeting's agenda, Bernie Abis announce the following: Report of the President, the Financial Report; Election of Board of Directors, Election of Corporate Officers,

The following were the accomplishments of the LSQCAA for the past year: the Reactivation of the AA; the 1st St. Francis Cup Golf Tournament, which will be an annual affair in cooperation with LSM; the Water Purification project; the Reactivation of the AA Affinity Card, through the Merchant Agreement Concept; the funds of the AA Affinity Card project was remained untouched at about P43,000.00; the Batch 82-initiated Oktubeerit, which will likewise be an annual affair; AA participation in the Feast of Our Lady of Lourdes festivities; the expansion of the AA database; the 1st Alumni's Dinner with Father Rector; the Realization of the LSQC Financial Assistance Program Foundation, Inc.; and the Grand Alumni Homecoming, with a record attendance.

FINANCIAL REPORT

In behalf of the LSQC Batch 1979 Foundation, Inc. Mon Pagarigan presented the financial condition and results of operation of the LSAA for the past year. The main fundraiser, the Grand Alumni Homecoming, netted a P38,000.00 profit, out of sponsors and donors, while the general operations of the LSAA operated on a deficit, which was subsidized by the Jubilarian Batch 1979. However, while the deficit reached P144,730.63, the alumni, headed by Batch 79, was able to donate a Water Filtration System, worth P 320,000.00 to the School Administration for the benefit of the Students, Faculty, and Employees alike.

ELECTION OF OFFICERS

The following Officers were elected from the Board Members: Name Position Joey Sebastian President Glenn Agbayani Vice-President Mon Pagarigan Secretary Roehl Dumlao Treasurer Gene Muyot Auditor

NEW PRESIDENT'S PORTION

For his part, newly elected Joey Sebastian, broke the initial plans of his batch, the Host batch of 2005. There will be two stage presentations to be sponsored as the batch fundraising project: On July 10, "Noah's Big Boat" at the Music Museum and the second on September, featuring "Pinocchio" which is geared towards the student's market. He elicited the support of the body. These fundraisers are intended to sustain office expenses. They will rely primarily on advances to take care of the initial expenses. The discussion on the sports requirements submitted by the School authorities was scheduled for discussion in the next meeting. Reiterated was the appeal for logistical support, e.g. computer, and office supplies. In preparation for the upcoming showdown with the LSM golfers come October, Joey Sebastian, manifested his intention to organize tune up games for LSQC golfers this coming June.

OTHER MATTERS

The following suggestions and comments were elicited: > Batch Ownership. Annually recurring, and other ongoing activities should be carried on by the sponsoring batch. > Batch Representation in AA Activities. Let the batch handle it. If not acceptable or feasible, then that's the time to let other batches handle it. > Project Manager. There should always be somebody from the batch who reports to the AA Board. > Merchants Agreement, vis-à-vis the Affinity Card. The card can be used to help finance the tuition fee payments of parents. The Agreement has been endorsed to the Office of the Treasurer for signature. > Affinity Card Campaign Strategy. Call up parents using the LSQC database and/or the parent's council database.

> Board of Advisers. Proposal was made to give due recognition to immediate past presidents or I.P.P. to participate in AA meetings in an ex-officio capacity. > 50th Anniversary Calendar of Activities. Mon Pagarigan formally endorsed to Joey Sebastian and the new Board, the Calendar of Activities prepared during the first meeting of the 50th Anniversary Steering Committee chaired by Father Tonet Yapchionco.

NEXT MEETING

Next meeting was scheduled for May 15, in deference to the adopted agreement to hold the monthly Board Meeting every 2nd day of the month, in view of the forthcoming election day come May 10.

ADJOURNMENT

There being no other matters for discussion, in view of the hour, the meeting was adjourned at 12:30 p.m.

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Prepared by:

Atty. RAMON WILFREDO B. PAGARIGAN, CPA Corporate Secretary