Agenda

Meeting of the Board of Directors of

The Lynde and Harry Bradley Foundation, Inc.

February 26, 1999

10:00 a.m.

TAB #

SECTION 1	MISCELLANEOUS

1.	Minutes of Previous Board Meeting

2.	Audit Committee Report

3.	Investment Committee Report

4.	Financial Statements and Investment Overview

5.	Grant Summary -- December 31, 1998

6.	Recommendations of the Wisconsin Grantmaking Committee

7.	Discussion Item: Free Congress Research and Education Foundation, Inc.

8.	Board Members Associated With Requests

9.	Miscellaneous Items:

a)	Authorized Check Signatures Resolution

b)	General Contributions Committee Increase

10.	Miscellaneous Actions

SECTION 2	NEW CITIZENSHIP PROGRAM -- NATIONAL

A.	Recommended for Support

11.	Acton Institute for the Study of Religion and Liberty

12.	Alexis de Tocqueville Institution

13.	American Civil Rights Institute

14.	Amherst College

15.	Best Friends Foundation

16.	Boston University

17.	Christian Methodist Episcopal Church

18.	Claremont Institute for the Study of

Statesmanship and Political Philosophy

19.	Corporation for the Advancement of Policy Evaluation

20.	D.C. Parents for School Choice

21.	Friends of Choice in Urban Schools

22.	The Friendship Club

23.	Greater Educational Opportunities Foundation

24.	Harvard University

25.	Heartland Institute

26.	Hudson Institute, Inc.

27.	Institute for American Values

28.	Link Institute

29.	National Center for Neighborhood Enterprise

SECTION 2	NEW CITIZENSHIP PROGRAM -- NATIONAL (Continued)

A.	Recommended for Support, Continued

30.	National Council for History Education, Inc.

31.	The New Citizenship Project, Inc.

32.	New Harmony Project, Inc.

33.	Northcote Parkinson Fund

34.	The Philadelphia Society

35.	The Potomac Foundation

36.	Producers Incorporated for Television

37.	The Progressive Foundation

38.	The University of California-Irvine

39.	The Urban Institute

40.	Washington Institute Foundation

B.	Declinations

41.	List of Requests Recommended for Declination

SECTION 3	NEW CITIZENSHIP PROGRAM -- LOCAL

A.	Recommended for Support

42.	Amazing Ministries, Inc.

43.	Basics in Milwaukee

44.	Capital Christian Center

45.	Day Care Advocates of Milwaukee, Inc.

46.	Family Service of Milwaukee

47.	Imani Community Family Resource Center, Inc.

48.	Interfaith Conference of Greater Milwaukee, Inc.

49.	The Jesuit Partnership

50.	Milwaukee Enterprise Center

51.	Milwaukee Rescue Mission

52.	Neighborhood Improvement Development

Corporation, Inc.

53.	Parents Raising Educational Standards in Schools

54.	Serenity Family Center

55.	TransCenter for Youth, Inc.

56.	Word of Hope Ministries, Inc.

57.	Youth Leadership Academy, Inc.

B.	Declinations

58.	List of Requests Recommended for Declination

SECTION 4	ACADEMIC, CULTURAL, AND INTERNATIONAL PROGRAMS

A.	Recommended for Support

Academic & Cultural

59.	American Academy for Liberal Education

60.	Boston College (Brown)

61.	Boston College (Faulkner)

62.	The Brownson Institute, Inc.

63.	California Institute of Technology

64.	Collegiate Network, Inc.

65.	Foundation for Academic Standards & Tradition

66.	The Fund for American Studies

67.	George C. Marshall Institute

68.	George Washington University

69.	Indiana University

70.	Institute on Religion and Democracy, Inc.

71.	Institute on Religion and Public Life, Inc.

72.	Intercollegiate Studies Institute, Inc.

73.	The Morley Institute

74.	New York University

75.	Texas A&M University

76.	The University of Chicago

77.	The University of Michigan

78.	University of Wisconsin-Milwaukee

79.	Yale University

International

80.	American Committees on Foreign Relations

81.	American Enterprise Institute for Public

Policy Research

82.	The Fund for Peace

83.	Institute for International Studies

84.	Johns Hopkins University - SAIS

85.	Middle East Media & Research Institute

86.	National Endowment for Democracy

87.	National Strategy Information Center, Inc.

88.	Population Research Institute

89.	Villa Colombella Group

B.	Declinations

90.	List of Requests Recommended for Declination

THE LYNDE AND HARRY BRADLEY FOUNDATION, INC.

MEETING OF THE BOARD OF DIRECTORS

Friday, February 26, 1999

10:00 a.m.

Held At

Alamos, Mexico

WISCONSIN GRANTMAKING COMMITTEE

Allen Taylor, Chairman of the Wisconsin Grantmaking Committee, will report on the Committee's recommendations resulting from the meeting February 24, 1999.

INVESTMENT COMMITTEE REPORT

A report will be presented by Thomas L. Rhodes, Chairman of the Investment Committee.

AUDIT COMMITTEE REPORT

A report will be presented by J. Clayburn La Force, Chairman of the Audit Committee.

BOARD MEMBERS & STAFF ASSOCIATED WITH CURRENT REQUESTS

MEETING OF THE BOARD OF DIRECTORS

FEBRUARY 26, 1999

ORGANIZATION/PROJECT DESCRIPTION	BOARD-STAFF/AMOUNT

American Civil Rights Institute	$25,000

To support Initiative 200 education project	Rhodes

Fund for American Studies	$75,000

To support academic institutes in	Daniels

journalism and political economy

Hudson Institute	$69,000

To support general program activities of	Daniels

the Welfare Policy Center

University of Wisconsin-Milwaukee	$75,000

To support music scholarships, the	Grebe

Institute of Chamber Music, and Professional

Theatre Training Program

Wisconsin Policy Research Institute	$800,000

To support general operations	Coleman

Taylor

THE LYNDE AND HARRY BRADLEY FOUNDATION, INC.

MEETING OF THE BOARD OF DIRECTORS

FEBRUARY 26, 1999

MISCELLANEOUS ACTIONS

FOR THE PERIOD 11/1/98-1/31/99

A.	REFUNDS/ADJUSTMENTS:	Process Transaction Original

Organization/Project	Date	Amount	Award Date

--	Indiana University	11/5/98	$129	7/18/97

(To support research for book

on biography of Frank Meyer)

Refund of unexpended funds; grant

reduced from $3,000 to $2,871

--	Hudson Institute	11/19/98	$10,273	2/24/98

(To support research on

antipoverty programs)

Refund of unexpended funds; grant

reduced from $50,000 to $39,727

--	Foundation Saint Simon	12/18/98	$15,000	5/28/97

(To support the Bradley

Graduate and Post Graduate

Fellowship Program under the

direction of Dr. Furet)

Professor deceased; remaining

$15,000 of $30,000 grant canceled

--	Foundation Francisco	12/29/98	$3,748	6/2/98

Marroquin (To support a seminar

on minorities, markets and poverty)

Refund of unexpended funds; grant

reduced from $45,000 to $41,252

--	Massachusetts Institute of	12/31/98	$12,650	6/3/96

Technology (To support the

Public Economics Workshop)

8/20/97 check not cashed;

overtaken by events; original

grant of $12,650 canceled

--	Bradley Fellows Pending	12/31/98 $120,000	5/5/97

(To support the Bradley

Graduate and Post Graduate

Fellowship Program during

the 1997-1998 term) Unassigned

balance canceled

--	Bradley Fellows Pending	12/31/98 $150,000	5/7/98

(To support the Bradley

Graduate and Post Graduate

Fellowship Program during

the 1998-1999 term) Part of

unassigned balance canceled

MEETING OF THE BOARD OF DIRECTORS

FEBRUARY 26, 1999

MISCELLANEOUS ACTIONS, CONTINUED

B.	CHALLENGE/MATCH MET:

--	State Historical Society of Wisconsin

(To support the H.H. Bennett Historic Site Project)

Challenge: $200,000 will be paid when campaign is within $200,000 of its $1.5 million target. Challenge met: Achieved commitments in excess of $1.3 million.

Note: Per their request and upon verification of tax information	provided, this grant was paid directly to the H.H. Bennett Studio	Foundation, Inc.

C.	GRANTS AMENDED DUE TO STOCK SURPLUS PAYMENTS:

--	The following grants were amended 12/29/98 by amount indicated due to the actual stock transfer amount exceeding the original grant amount.

Original	Original	Additional

Grantee/Project	Grant Date Amount	Amount

Partners Advancing Values in	8/26/97 $2,000,000	$8,483

Education, Inc.

(To support tuition assistance)

Partners Advancing Values in	8/25/98	$750,000	$2,377

Education, Inc.

(To support the scholarship and

public information program)

Sand County Foundation, Inc.	11/17/98	$870,000	$5,389

(To support the Bradley Fund

for the Environment)

Milwaukee Art Museum, Inc.	9/23/96 $3,000,000	$60,720

(To support capital expenses)

TOTAL ADDITIONAL AWARDS:	$76,969

D.	GENERAL CONTRIBUTIONS COMMITTEE:

--	November 1, 1998 to January 31, 1999

See attached list of 9 items totaling $24,500.

MISCELLANEOUS ITEM

GENERAL CONTRIBUTIONS COMMITTEE INCREASE

In May 1985 the Board of Directors established a General Contributions Committee. The Committee was created to serve as a means for considering and disposing of small requests submitted to the Foundation through one or more of the directors. These requests were of such a character that Foundation support was warranted, but a full proposal documenting the request and Board deliberation was unnecessary. The Committee was comprised of any two directors who were delegated with the authority to grant up to $2,000 to an eligible recipient without calling a special meeting.

On two occasions since 1985 the Directors have raised the level of award under this Committee's authority. In 1988 the Directors increased the level of the grant from $2,000 to $2,500; and in 1991 to $3,000.

From 1985 to the present, 404 grants totaling $843,577 have been awarded by the Directors through the General Contributions Committee. In the period 1994 through 1998 the Committee averaged 46 awards totaling $125,900 per year.

The Directors are asked to consider an increase of $2,000 in the amount of the award under the authority of the General Contributions Committee. The proposed increase adjusts for inflation during the past seven years, and is proportional with the growth in Bradley assets. Any two directors could award a grant up to and including $5,000 under the authority of the General Contributions Committee.

MISCELLANEOUS ITEMS

AUTHORIZED CHECK SIGNATURE RESOLUTIONS

SAFE DEPOSIT BOX ACCESS (COMPUTER BACKUP FILE STORAGE)

RESOLVED, that any principal officer or assistant principal officer of this Corporation be and he hereby is authorized to lease, by written lease or leases, from the Firstar Bank Milwaukee, N.A. a Safe Deposit Box or Boxes in the name of this Corporation, which lease or leases shall contain such terms and conditions as may be agreed upon by the parties executing the same, and that any one of the following have access to and the right to remove the contents of any or all of said Safe Deposit Boxes so rented and have the right to terminate the lease of any said Safe Deposit Boxes:

Names	Titles

Robert N. Berkopec	Treasurer & Chief Financial Officer

Gary Cavendar	Security

Yvonne Engel	Program & Network Administrator

Karen A. Goldammer	Accountant

Dionne M. Denham	Executive Assistant

FURTHER RESOLVED, that the designation of the persons who may have access to said Safe Deposit Box or Boxes and who may terminate any such lease may be changed or amended from time to time by a written instrument, signed by the President or Vice President, together with the Secretary or Assistant Secretary, of this Corporation, which change or amendment shall become effective from the time the said instrument is delivered to the Safe Deposit Department of said Bank.

FURTHER RESOLVED, that the foregoing resolutions shall remain in full force and effect until superseded by subsequent resolution of the Board of Directors of this Corporation or until written notice of its amendment or recision shall have been delivered to and accepted by the Safe Deposit Department of said Bank, which notice shall be signed by the President of Vice President, together with the Secretary of Assistant Secretary, of this Corporation.

CHECKING ACCOUNTS

RESOLVED that Daniel Schmidt , Executive Vice President and Chief Operating Officer, be added as an authorized check signer for the following checking accounts:

Bank	Account Number	Account Name

Firstar Bank Milwaukee	112679484	Regular checking

Firstar Bank Wausau	16-586-8	Grant checking

ALPHABETICAL INDEX OF GRANT REQUESTS

MEETING OF THE BOARD OF DIRECTORS

FEBRUARY 26, 1999

Tab #

Acton Institute for the Study of Religion and Liberty	11

Alexis de Tocqueville Institution	12

Amazing Ministries, Inc.	42

American Academy for Liberal Education	59

American Civil Rights Institute	13

American Committees on Foreign Relations	80

American Enterprise Institute for Public Policy Research	81

Amherst College	14

Basics in Milwaukee	43

Best Friends Foundation	15

Boston College (Brown)	60

Boston College (Faulkner)	61

Boston University	16

The Brownson Institute, Inc.	62

California Institute of Technology	63

Capital Christian Center	44

Christian Methodist Episcopal Church	17

Claremont Institute for the Study of Statesmanship

and Political Philosophy	18

Collegiate Network, Inc.	64

Corporation for the Advancement of Policy Evaluation	19

D.C. Parents for School Choice	20

Day Care Advocates of Milwaukee, Inc.	45

Family Service of Milwaukee	46

Foundation for Academic Standards & Tradition	65

Free Congress Research and Education Foundation, Inc.	7

Friends of Choice in Urban Schools	21

The Friendship Club	22

The Fund for American Studies	66

The Fund for Peace	82

George C. Marshall Institute	67

George Washington University	68

Greater Educational Opportunities Foundation	23

Harvard University	24

Heartland Institute	25

Hudson Institute, Inc.	26

Imani Community Family Resource Center, Inc.	47

Indiana University	69

Institute for American Values	27

Institute for International Studies	83

Institute on Religion and Public Life, Inc.	71

Institute on Religion and Democracy, Inc.	70

Intercollegiate Studies Institute, Inc.	72

Interfaith Conference of Greater Milwaukee, Inc.	48

The Jesuit Partnership	49

Johns Hopkins University - SAIS	84

Alphabetical Index, Continued

Meeting of the Board of Directors

February 26, 1999

Tab #

Link Institute	28

Middle East Media & Research Institute	85

Milwaukee Enterprise Center	50

Milwaukee Rescue Mission	51

The Morley Institute	73

National Center for Neighborhood Enterprise	29

National Council for History Education, Inc.	30

National Endowment for Democracy	86

National Strategy Information Center, Inc.	87

Neighborhood Improvement Development Corporation, Inc.	52

The New Citizenship Project, Inc.	31

New Harmony Project, Inc.	32

New York University	74

Northcote Parkinson Fund	33

Parents Raising Educational Standards in Schools	53

The Philadelphia Society	34

Population Research Institute	88

The Potomac Foundation	35

Producers Incorporated for Television	36

The Progressive Foundation	37

Serenity Family Center	54

Texas A&M University	75

TransCenter for Youth, Inc.	55

The University of California-Irvine	38

The University of Chicago	76

The University of Michigan	77

University of Wisconsin-Milwaukee	78

The Urban Institute	39

Villa Colombella Group	89

Washington Institute Foundation	40

Word of Hope Ministries, Inc.	56

Yale University	79

Youth Leadership Academy, Inc.	57

SUMMARY OF GRANTS AWARDED

MEETING OF THE BOARD OF DIRECTORS

FEBRUARY 26, 1999

National New Citizenship	$2,747,000

(32 items)

Local New Citizenship	$2,295,000

(16 items)

Academic, Cultural, International	$2,927,615

(31 items)

Bradley Legacy	$1,474,665

(10 items)

Wisconsin Grantmaking Committee	$12,000

Contributions (2/24/99)

(5 items; reported at Board meeting)

Total	$9,456,280

(94 items)

Deferred	0

Declinations

National New Citizenship	59

Local New Citizenship	3

Academic, Cultural, International	37

Bradley Legacy	42

Total	141