Committees

The Board of Directors manages its activity and oversight through a series of standing committees and ensures close coordination with the university's priorities.

There are six Tower Board committees:

Executive Committee 

The Tower Foundation Executive Committee is comprised of the board officers, most recent past chairman, committee chairpersons, the University President, Chief Executive Officer, and the Chief Operating Officer, who has no vote. 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.

Agenda 05-18-2022

Nominating and Governance Committee

The Tower Foundation Nominating and Governance Committee works to identify, interview and recommend potential board members who enhance the quality and visibility 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.

Agenda 05-18-22 [pdf]

Members of the committee for fiscal year 22/23:

  • Stephen Caplan, Chair
  • Edward Oates, Vice Chair
  • John Baird
  • Vincent Del Casino
  • Eric Kelly, Board Chair
  • Constance Moore, Immediate Past Board Chair
  • Gary Radine
  • Marko Trapani

Finance and Investment Committee

The Tower Foundation Finance and Investment 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.

Agenda 06-01-2022 [pdf]

Members of the committee for fiscal year 22/23:

  • Phillip R. Boyce, Chair
  • Jeff Ricci, Treasurer & Vice Chair
  • Richard Conniff
  • Charlie Faas, VP of Administration and Finance/CFO
  • Stoyu Ivanov, Faculty Member

Audit Committee

The Tower Foundation Audit Committee consists of members from the Tower Foundation Board of Directors and 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 and internal controls 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.

Agenda 05-05-2022 [pdf]

Members of the committee for fiscal year 22/23:

  • William Barton, Chair
  • Charlie Faas, VP of Administration and Finance/CFO, Vice Chair
  • Dana Ditmore
  • Wanda Hendrix
  • Marko Trapani

Development Committee

The Tower Foundation Development Committee engages and provides leadership in fundraising for the University. A primary focus of committee members is to open doors and facilitate conversations with prospective donors, assisting with the solicitation of major and transformational gifts to benefit the University.

Agenda 05-26-22 [pdf]

Members of the committee for fiscal year 22/23:

  • Constance Moore, Chair
  • Joe Pinto, Vice Chair
  • Stephen Caplan
  • Eric Kelly, Board Chair
  • Edward Oates
  • Colleen Wilcox

Compensation Committee

The Tower Foundation Compensation Committee meets as and when required.

Members of the committee for fiscal year 22/23:

  • Eric Kelly, Board Chair
  • Constance Moore
  • Jeff Ricci