2021-04-15 Minutes
Corrected Copy
AIRLIE GARDENS FOUNDATION BOARD PAGE 1
REGULAR MEETING APRIL 15, 2021
ASSEMBLY
The Airlie Gardens Foundation Board met in Regular session via Microsoft Teams on Thursday, April 15, 2021
at 8:15 a.m.
Present: Deb Hays (presiding), Eric Blaesing, Mike Creed, Teddy Davis, Hank Estep, Coo Hocker, Bonnie
Nelson, Charlie Rivenbark, John Russ, and Commissioner Rob Zapple.
Absent: Andrew Cooke, Ted Davis Teddy Davis, and Mark Tyler.
Guests. Ron Copley and Justin Burgess (Copley Investment Management)
Staff: Scott Childs, Tara Duckworth, Tanya Gurganious, Andy Johnson, Rebecca Pearce, and Janine Powell.
WELCOME AND APPROVAL OF MINUTES. Deb Hays called the meeting to order and asked if there were any
changes or corrections to the minutes of the March meeting. No changes or corrections were noted, and the
following motion was presented:
MOTION: Charlie Rivenbark MOVED; SECONDED by Commissioner Rob Zapple, that the minutes of the March
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18 meeting be approved as presented. Upon vote, the MOTION CARRIED UNANIMOUSLY.
1. President’s Report. Deb Hays welcomed those in attendance.
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2. Treasurer’s Report. Hank shared that Ron Copley and Justin Burgess would provide a 1 quarter update
of the endowment. The cumulative investment gain since January 28, 2016 was $2,257,145 with an
average annual rate of return of 12.74%. The beginning value was $5,512,082 with an ending value of
$6,136,986 and an investment return of 5.62%.
3. Director/Operations Report. Tara shared that with the nice weather, the gardens have been packed.
Within the last two weeks, 10,000 visitors have come through the gardens. Membership and gate
revenue are up with the gift shop revenue rebounding after having been closed for several months. The
owls have arrived and have been given to the artists. Looking forward to this year’s exhibit. Pre-
registration is now required for the bird walk with a cap at 40. However, at the most recent bird walk, 46
people were present.
4. Development Report. Janine Powell shared the concerts schedule which is as follows:
7/2 – Monkey Function
7/16 – Jack, Jack 180
8/6 – Wilmington Big Band
8/20 – Machine Gun
9/3 – Signal Fire
9/17 – L Shaped Lot
5. Other Business. Deb Hays thanked Commissioner Rob Zapple for coming to assist with the planting of
the azaleas, along with the Garden Club and Airlie staff. The owl and artist presentation will take place
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on Thursday, July 8. The board and upper-level members will be invited. (Invitations will be sent in June.)
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6. Next Meeting. The next board meeting will take place via Microsoft Teams on Thursday, May 20 at
8:15am.
AIRLIE GARDENS FOUNDATION BOARD PAGE 2
REGULAR MEETING APRIL 15, 2021
ADJOURNMENT
There being no further business, the following motion was presented:
MOTION: Mike Creed MOVED; SECONDED by Coo Hocker, that the meeting be adjourned. Upon vote, the
MOTION CARRIED UNANIMOUSLY.
The meeting adjourned at 9:01am.
Respectfully submitted,
Tanya Gurganious
Administrative Coordinator
-Please note that the above minutes are not a verbatim record of the New Hanover County Airlie Gardens Foundation Board meeting.