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Pat ‛65 and Mary Dreckman
with Scholarship Recipient
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Ambrose and Mona Dreckman were the parents of six children, all Regina graduates. Two of the six children, Hannah and Dan, passed away in 2005. Their brother, Pat, and his wife, Mary, have chosen to honor Pat‛s deceased siblings with a Regina Catholic education tuition scholarship.
Hannah Dreckman was a graduate of the Regina Class of 1959. After graduation, Hannah attended Capri Beauty College and was a hairdresser for a number of years and then later was a telecommunications operator for the University of Iowa. She was a lover of animals, especially cats. Hannah died in February 2005 at the age of 63.
Her brother, Dan, a graduate of Regina‛s Class of 1971, died in August of 2005 at the age of 52. Dan worked for the Iowa City Police Department and Johnson County Sheriff Department for many years. He especially treasured his work as an Iowa City police officer, where he worked the street as a patrolman. Dan received several awards and police department commendations during his career and served as a mentor to many younger officers.
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The Board of Directors of the Regina Foundation realizes our number one priority is the necessity to be good stewards of the gifts entrusted to our organization. We are accountable to each and every donor. To assure that we merit your respect and trust, we ascribe to the following donor rights and investment objectives.
Investment Objectives
The investment objective of the Foundation‛s Board of Directors is to protect and increase the principal of the Foundation‛s investments, while maximizing the return on these investments, consistent with principles of prudence and diversification. Individual funds are reviewed and appropriately invested according to time horizon, liquidity needs and risk tolerance. All funds are held by the corporation as a steward for the sake of carrying out its mission and purposes.
The Foundation Board of Directors and its Finance Committee are authorized to retain one or more Investment Managers to assume the investment management of funds and assets owned or administered by the Foundation. To accomplish the Foundation‛s investment objectives, the Manager is authorized to utilize portfolios of equity securities (common stocks and convertible securities), fixed income securities and short-term (cash) investments. As a guide to accomplishing these objectives, the Manager remains within the ranges provided in the board‛s Investment Guidelines.
The Finance Committee reviews the investment portfolios on a quarterly basis and the full board on a bi-annual basis.
Donor Rights
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To be informed of the Foundation‛s mission, of the way the organization intends to use donated resources and of its capacity to use donations effectively for donor intended purposes.
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To be informed of those serving on our governing board, and to expect the Board to exercise prudent judgment in its stewardship responsibilities.
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To have access to the Regina Foundation‛s most recent financial statements.
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To receive appropriate acknowledgement and recognition.
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To be assured that information about your donation is handled with respect and with confidentiality to the extent provided by law.
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To expect that all relationships with individuals representing organizations of interest to the donor will be professional in nature.
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To feel free to ask questions when considering or making a donation and to receive prompt, truthful and forthright answers.
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