12th District 2012 District Meeting Indian Wells, ca may 31-June 3, 2012 Hosted by Pi Rho Chapter District Reports Manual

Southern Cal Area Representative

Address: 5547 E Monlaco Rd, Long Beach, CA 90808

Phone: 562-618-4595

E-mail:

ronanhill@yahoo.com
Greetings Brothers of the 12th District, I greet you in the name of my Lord and Savior Jesus Christ.
Southern California Area Basileis Conference Call

A conference call for the Southern California Area Basileis was held on April 24, 2012 at 8:30pm to discuss:

1. 
   District Raffle
   
2. 
   Winter District Council Meeting, March 24, 2012, Portland, OR
   
3. 
   Inland Valley Uplift Foundation – Youth Leadership Conference, April 28, 2012, La Verne, CA
   
4. 
   SoCal Area Meeting, May 5, 2012, Inglewood, CA
   
5. 
   67th 12th District Meeting, May 31-June 3, 2012, Indian Wells, CA
   
6. 
   78th Grand Conclave, July 5-12, 2012, Minneapolis, MN
   
7. 
   SoCal Area Memorial Service, March 9, 2013
   
8. 
   SoCal Area BBQ
   

1. 
   David Telfort: Senior, Occidental College, Urban and Environmental Policy
   
2. 
   Zack Waterfire: Senior, USC, Pre-Med
   
3. 
   Chijioke ‘Jojo’ Ndupu: Senior, Cal State Northridge, Health Administration
   
4. 
   Terio Ruiz: Junior, Loyalty Marymount, Screen Writing, African-American Studies Minor
   
5. 
   Michael Clegg: Senior, Occidental College, Political Science
   
6. 
   Jordan Tyler: Junior, Cal State Los Angeles, Graphic Design
   
7. 
   Breond Durr: Junior, USC, Sociology
   

Tau Tau - On Saturday, April 14, 2012, I performed the initiation ceremony for Tau Tau chapter. Two graduate brothers were initiated.

1. 
   Travis Scott: graduate of Grambling State University; occupation: Counselor.
   
2. 
   William Carter: graduate of Union Institute University, Liberty University (MBA); occupation: Chief of Police Inglewood Unified School District.
   

The SoCal chapters are currently reconciling ticket money and stubs for the May 1 deadline.

The SoCal Area Meeting was held on Saturday, May 5, 2012 from 9am-1pm in Inglewood, CA at Morningside High School. The meeting was hosted by Lambda Omicron and Lambda chapters. Brother Sedrick Spencer, District Representative, Brother Nick Thompson, DKRS, and Brother Derrick Delaney, District Chaplain were present to give updates to the brotherhood. Breakfast was served. I would like to thank the brothers of Lambda Omicron and Lambda chapters for hosting the meeting.

On Saturday, April 28, 2012, the brothers of Eta Alpha Alpha in conjunction with the Inland Valley Uplift Foundation hosted the 3^rd Annual Youth Leadership conference at La Verne University, 9am-2pm. The conference was open to the first 100 young men grades (9-12). The theme for this year’s conference was “I Know I Can”. The highlight of the conference was the student panel which included Brother James Hutchins (Phi Lambda).

The brothers of Lambda Omicron chapter along with the ladies of Delta Sigma Theta Inglewood Alumnae chapter hosted a Black History program at Hillcrest Academy on April 28, 2012 from 8:30am-3:30pm. Students participated in workshops on Tuskegee Airmen, Buffalo Soldiers, Harlem Renaissance, Middle Passage / Slavery, Black Power Movement, and African Kings and Queens / Civilization.

On May 3, 2012, the brothers of Phi Lambda held the 10th Annual BBQ yard show on the campus of California State Fullerton.

None
Respectfully Submitted

Special Committee Reports

Investment Team

Chairman: Brother W. Kelly Shannon (Phi Iota)

P.O. Box 11163 Tempe, AZ 85284

Phone: 602-295-1006

E-mail: wkellyshannon@gmail.com

Team Members

Kelly Shannon (12th DKF) – Team Lead	Joe Outlaw (Phi Omicron ) – Investment Advisor
Fred Alexander (12th District 1VDR) - Ex-Officio Member	Sean Castleberry (Tau Tau) – Team Member
Lloyd Bryant (Phi Iota ) – Team Member	Tim McElroy (Kappa Xi) – Team Member
Franklin Harris (Gamma Alpha Alpha) – Team Member

Past Activities (since Fall District Council Meeting)

1. 
   Current balance as of April 30, 2012: $78,468.39 (not including the $10,000 put into a high return short term investment).
   
   1. 
      This is slightly lower than the all-time high of $89,054.66 (end of March 2012).
      
   2. 
      A transfer of Graduate MSP/Economic Empowerment funds of $4,350.00 was made at the end of April and is not reflected in the balance.
      
2. 
   Market has seen gains in 4 of the last 5 months; 12^th District Fund (monthly returns below) is keeping pace with the market
   
   1. 
      December: 0.03%
      
   2. 
      January: 4.65%
      
   3. 
      February: 3.11%
      
   4. 
      March: 1.02%
      
   5. 
      April: -0.66%
      
3. 
   Assessed Allocation Mix
   
   1. 
      Based upon the volatile market, we will continue to evaluate our mix. Our current mix allows us a relatively conservative position.
      
   2. 
      The team voted to move $10,000 (roughly half) of the cash & money market into a short-term, high return investment. It is an Accounts Receivable financing vehicle that will return 2% per month for the 2-3 months it is invested.
      
   3. 
      There will be future opportunities for this same investment and the team discussed possibly reinvesting at a later date.
      
   4. 
      Our strategy: (1) investing with a long-term horizon (2) moderate growth potential with a moderate risk of loss of capital (3) limited income generation
      
4. 
   Returns Comparison: 12th District Fund outperforms most Major Market Indices (see chart)
   
   1. 
      $1.00 invested in 12^th District Fund in Oct 2005 = $1.18 as of April 30, 2012
      
   2. 
      $1.00 invested in DJIA in Oct 2005 = $1.17 as of April 30, 2012
      
   3. 
      $1.00 invested in S&P 500 in Oct 2005 = $1.05 as of April 30, 2012
      
   4. 
      $1.00 invested in Nasdaq in Oct 2005 = $1.26 as of April 30, 2012
      

Upcoming Activities and/or Deadlines

1. 
   Monitor the market
   
2. 
   Investment Team Q3 CY12 Review (Aug)
   
   1. 
      Review return on Short-term investment
      
   2. 
      Review Returns, Assess Allocation Mix
      
   3. 
      Rebalance as needed - buy when price is low
      
   4. 
      Discuss long term investment and funding strategies
      
3. 
   Make external investment or reallocate some cash into funds
   

Issues and Recommendations

With the retirement of the $15 assessment as of Oct. 31, 2010, and the awarding of the 2016 Conclave to the 12^th District, we will continue to look for other investment opportunities to supplement the growth of the fund and provide seed money for deposits, etc.

Yours in Friendship,

Omega Psi Phi Fraternity, Inc.

12^th District

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