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CommitteesThe Board of Directors manages its activity and
oversight through a series of standing committees and ensures close coordination
with the university's priorities. Executive CommitteeThe Tower Foundation Executive Committee is comprised of the board officers, committee chairpersons, and the chief operating officer. The Chairman of the Board serves as the Chair of the Executive Committee. The committee has the power and performs the duties of the Board between Board meetings, except as otherwise provided by law, the Articles of Incorporation, the By-laws or by resolution of the Board. Executive Committee Members for fiscal year 08/09 include:
Committee on DirectorsThe Tower Foundation Board Committee on Directors consists of three to seven members from the Tower Foundation Board of Directors.The committee works to identify, interview and recommend potential board members who enhance the quality and visability of the board. Additionally, the committee recommends an ongoing program of training to enable members to discharge their duties as individuals and as a board. Members of the Committee on Directors for fiscal year 08/09 include:
Finance and Investment CommitteeThe Tower Foundation Finance and and Investment Committee consists of three to seven members from the Tower Foundation Board of Directors. The Treasurer of the Board serves as the Chair of the Finance and Investment Committee. The committee monitors, evaluates and makes decisions on behalf of the Board with respect to all investments of the corporation. The committee reviews and recommends to the Board, the Investment Objectives and the Endowment Spending Policy for the university. The committee also assists the Board with policy setting responsibilities related to investments by analyzing policy matters and making recommendations for the Board's approval. Members of the Finance and Investment Committee for fiscal year 08/09 include:
Audit CommitteeThe Tower Foundation Audit Committee consists of three to seven members from the Tower Foundation Board of Directors or the university. The committee monitors, evaluates and makes decisions on behalf of the Board with respect to all audit related matters for the Tower Foundation. In addition, the committee assists the Board with all of its policy setting responsibilities related to audits by analyzing policy matters and making recommendations for the Board’s approval. It also reviews and recommends to the Board, the audit team to be hired by the Tower Foundation to conduct the annual audit and preparation of financial statements. Members of the Audit Committee for fiscal year 08/09 include:
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Tower Foundation
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