.MzU3Mg.MzU3Mg

[] - . , .J:~ July 24, 1969 I • ~ '"C '"C (1)

i

0.. p., Summation of a discussion between Atlanta Urban Corps and Fulton National Bank Participants: J. Leland Phillips, Vice-President, Fulton National Bank Inmond Deen, Urban Corps Dave Whelan, Urban Corps Materials presented: Atlanta Urban Corps Prospectus, labeled appendage "A" o Length of Discussion: 5 0 minutes Major Topics: lo 2o ·, 3o 4. 5. 6. Definition of Atlanta Urban Corps goals and scope Fulton National's involvement in the community (As a representative sample, Fulton National provides financial support to United Appeal, Lovett School, Westminster School, private colleges in Georgia.} Fulton National, according to Mr. Phillips, has a Foundation which was created 5 years ago and which does not as yet yield substantial incomeo As a result of this the bulk of the money donated to service organizations, etco is taken from the bank's net profit. Need to coordinate various service groups in the Atlanta area in a fashion similar to United Appeal. The ineffectiveness of Federal programs to achieve results, ioe. Job Corps, VISTAo The stigma of the name Urban Corpso Summation: Fulton National Bank appears to be a rather conservative organizationo The Urb a n Corps would profit considerably from endorsement of its program by Fulton National Bank. The prospe cts of Fulton National Bank providing financial support and thereby endorsing the Urb an Corps ar" good. The relationship, however, must be carefully cultivated. Action Taken: Fulton N a tional has been placed on the Urb an Corps mailing list in an effort to provide continuing information to the bank and thereby p ermit closer observation and evaluation of the Atlanta Urban Corps. OQ (1) �Page 2 Recommendations: It is recommended that the Director who will assume leadership of the Atlanta Urban Corps at the expiration of the 1969 Summer Program contact personally Mr. Phillipps and present and explain the most thorough evaluative summary of the Atlanta Urban Corps that is obtainable. It is felt that if the program h a s achieved substantial fulfillment of its goals and Mr. Phillipps is appraised thereof, Fulton N a tional Bank will provide financial support. �