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Good afternoon, members of the Board of Trustees. Today, I will present the full annual report for the Penn State Alumni Association, building on my earlier update from May. My report consists of two parts: first, a summary of our first year executing our strategic plan, and second, an overview of our organization, its mission, and its role in fostering alumni engagement and supporting the University. A key achievement from our strategic plan was a net increase of nearly 1,700 members, reflecting a growth of 1%. This update highlights our ongoing commitment to service for our members, alumni, and our alma mater.