Following a welcome statement by Mr. Balaz, the meeting commenced with a report on the status of the fund finances from Mr. Chlanda, Treasurer, who noted appreciable recovery of the fund's investment portfolio. Next Mr. Herman briefed participants on the selection of participants for the 2010 Young Leaders program. It was agreed to accept six applicants in 2010. All six have quality individual programs well deserving the fund's support.
The next point discussed was the status of considerations for starting a new Young Talent program - aimed at exceptionally talented Czech and Slovak high school students interested in pursuing undergraduate degrees at top American universities. Messrs. Herman and Kejval outlined possible options. Others offered their suggestions. It was agreed Mr. Herman will draft a formal proposal for the Young Talents program. The draft will be distributed to members and discussed at the 2010 Annual Meeting.
In conclusion, Mr. Balaz turned to the last point on the agenda - searching for potential new members and advisory members (non-voting) of the Fund. Several names were suggested. It was agreed to circulate a list of potential candidates beforehand and to invite them for introductions at the Annual Meeting.
Following the meeting, Mr. Balaz invited the meeting participants for lunch. An off-the-record discussion continued at the lunch table. All participants enjoyed a wonderful meal, great coffee and desert while discussing topics of common interest.
Q&A Channel
Thinking of applying? If you have questions concerning the program, e-mail Martin Herman (mherman@afcsls.org). Also, you may want to check Mr. Herman's blog on Aktualne.cz, which in part will be devoted to the Young Leaders Program.
2009 Annual Meeting
Chaired by Mr. Henry Kallan, the Annual Meeting of the Fund was held at the Bohemian National Hall in New York City on November 20, 2009. The agenda included membership issues, discussion of improving financial position after investment losses in 2008, review of program results in 2009 - reasons for small number of applications, planned fundraising arrangements, and exploring new directions such as development of a new "Young Talent Program" for high school teenagers.



