Jim Marren – Chair
The Investment Committee works with the chief professional officer (CPO) and an outside account manager to actively oversee the organization’s investments. The committee reviews the organization’s investment status and provides a report to the full board on a quarterly basis. The committee also ensures that:
the organization has a sound investment strategy and policy that is updated annually;
a risk management plan is reviewed and monitored on an ongoing basis;
a strategy for future financial stability that includes board reserve funds, board-directed endowment funds and donor-designated permanent endowment funds in place; and
the organization has a clear policy on the processing and distribution of bequest revenue.
Once the committee determines that the proposed investment strategies are sound and protect the long range assets of the organization, it presents the plan to the Board of Directors for approval.
The Investment Committee meets at least quarterly to review the Club’s financial condition and effectiveness of investments.