Board of Directors - Committees
Executive
This committee includes the board officers, college trustees, college president, foundation president, alumni association rep, lifetime appointees and several at-large members. This committee meets quarterly and retains the authority to make decisions and approve policies. This committee is led by the foundation board chair.
Board Development
This committee serves as the role of encouraging recruitment, overseeing nominations and providing continuing development to board members, including these duties:
- collecting nominations of board candidates
- evaluating candidates and making recommendations to the board
- defining board member job descriptions
- orienting board members, new and old
- overseeing the mentor matches of long-time and new board members
- coordinating the mentoring program
- evaluating board performance individually and as a whole
- meeting with individual board members as needed to review performance
- monitoring board terms, rotation and leadership progression
- overseeing board development, strategic planning and other learning
- identifying lapsed board members and recommending remediation
- recognizing board members who exceed expectations
- naming the annual board member and other notable members, donors and partners of the year
This committee is led by the foundation vice chair, with assistance of a mentoring chair.
Finance
This committee is responsible for oversight of both operational and investment financial matters, including these duties:
- overseeing the hiring of fund investment managers and consultants
- evaluating the performance of managers and consultants, according to board policy
- recommending the annual audit firm, process and document to the full board
- reviewing financial statements quarterly
- reviewing the operating budget quarterly
- reviewing the annual 990 submission
- recommending finance policies and policy revisions to the full board
This committee is led by the foundation's finance chair.
Committees generally meet at least quarterly during the year. Board members are expected to participate as actively as they can, as these committees serve as resources to the full board. The committees review and evaluate vendors, processes, reports and documentation, and make recommendations about policies related to their particular area. Annual assignments are available each year to coordinate and work on special projects.
2006-07 Officers
Richard McCree, Chair
Helen Von Dolteren-Fournier, Vice Chair
Jess Bailes, Secretary
Sanford Shugart, college president
Geraldine Gallagher, foundation president