Repository: UIHistories Project: Board of Trustees Minutes - 1968 [PAGE 376]

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324

BOARD OF TRUSTEES

[January

12

March, 1967. In view of its location on the Urbana-Champaign campus and in an effort to promote efficiency within state operations, the Superintendent of the Adler Zone Center requests, and the Director of the Physical Plant and the VicePresident and Comptroller concur, that certain services and commodities be furnished to the Adler Zone Center on a fee basis. The services to be rendered include building and ground maintenance, security surveillance, janitorial services, telephones services, and automotive services. Commodities would include purchases from the Physical Plant Stores, the Central Food Stores, the Office Stores, and the General Chemical Stores. All services and commodities furnished by the University would be billed to the Adler Zone Center on the basis of cost plus established mark-ups to cover overhead and administrative costs. The general terms of the request have been reviewed with all University offices concerned and the Adler Zone Center. The Director of the Physical Plant and the Vice-President and Comptroller recommend authorization to enter into an agreement with the Department of Mental Health as outlined above. I concur.

On motion of Mr. Williamson, this recommendation was approved.

BENJAMIN G O L D B E R G FOUNDATION (26) Under date of August 6, 19S2, Benjamin Goldberg of Palm Springs, California, established a trust fund known as the "Benjamin Goldberg Foundation," the entire principal and income of which was permanently devoted to entities organized and operated exclusively for religious, charitable, scientific, literary, or educational purposes. Under the terms of the trust agreement, the trustees were directed, upon the death of Dr. Goldberg, to distribute the principal, "together with any income derived from or accruing thereto, to the College of Medicine of the University of Illinois" and the trust was to terminate. The trustees of the Benjamin Goldberg Foundation have requested a formal resolution by the Board accepting the gift on the terms stated in the trust agreement before making any distribution to the University. The Vice-President and Comptroller and the Legal Counsel recommend that the Board take formal action to accept the gift. I concur and request the adoption of the following resolution. Resolution WHEREAS, a Trust Agreement dated August 6, 1952 between Benjamin Goldberg as Settlor and Benjamin Goldberg, Elliott H . Gordon and Jack Gold as Trustees, establishing a trust fund known as the "Benjamin Goldberg Foundation" provides in Article II, paragraph "e" that "The trustees shall, within twenty years of their receipt of any contribution to the Foundation or upon the death of the Settlor hereunder, depending upon which event shall occur first, distribute the same pursuant to the provisions hereof, together with any income derived from or accruing thereto, to the College of Medicine of the University of Illinois, and this trust shall thereupon automatically terminate"; and WHEREAS, said Benjamin Goldberg is now deceased and said trustees have requested formal action of The Board of Trustees of the University of Illinois accepting said gift prior to distributing the same; and WHEREAS, the College of Medicine of the University of Illinois is an educational and administrative unit within the public corporation created by the statutes of the State of Illinois and known as "The Board of Trustees of the University of Illinois" (hereinafter referred to as the "University of Illinois"). Now, Therefore, Be It Resolved by The Board of Trustees of the University of Illinois that the gift made to the College of Medicine of the University of Illinois by the terms of the Benjamin Goldberg Foundation, evidenced by a Trust Agreement dated August 6, 1952 and identified above be, and the same hereby is, accepted by the University of Illinois on the terms and for the purposes set forth in said Trust Agreement and quoted above.

On motion of Mr. Johnston, this resolution was adopted.

REPORT OF GIFTS AND FUNDS RECEIVED FROM OUTSIDE SOURCES (27) Following is a report of gifts, grants, and contract funds received by the University during the fiscal year July 1, 1965, through June 30, 1966. This report