M E M O R A N D U M

					June 15, 2011


To:		Members of the Board of Trustees

From:		Carl T. Hayden, Chairman

Subject:	Research Foundation Relationship


Action Requested

	The proposed resolution appoints an ad hoc committee of the Board to consider in greater depth the recent report by the firm of Hogan Lovells regarding the relationship between SUNY and the Research Foundation, and other governance and operational issues relating to the Research Foundation.

Resolution

	I recommend that the Board of Trustees adopt the following resolution:

	Resolved that an ad hoc committee of the Board be, and hereby is, appointed, consisting of Trustees Hunt (Chair), Belluck, Lichtman, McCall, and Staller, to consider in greater depth the recent report by the firm of Hogan Lovells regarding the relationship between SUNY and the Research Foundation, and other governance and operational issues relating to the Research Foundation, in accordance with the attached charge.