Standing Committees |
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Board of Trustees establishes the following Standing Committees: |
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| Academic
and Faculty Affairs Committee |
| Duties: |
- Through regular program review and other processes, ensure that
all elements of the College's academic program are consistent with
and supportive of its mission and strategies, and that the various
courses of study are appropriate to the needs and interests of the
College's undergraduate and graduate students.
- Review College recommendations for significant changes in curricula
or degree requirements, as well as new programs or initiatives.
- Monitor and evaluate the allocation of financial, personnel, and
physical plant resources to the range of academic programs offered
by the College; recommend appropriate action steps concerning academic
resources to the full Board.
- Provide ongoing review and support of the college's faculty personnel
policies, including appointment, promotion, tenure, and post-tenure
reviews; performance evaluations; compensation schedules and plans;
sabbatical leaves and retirements; and retrenchment plans when the
situation arises.
- Review the recommendations of the President and Provost for annual
faculty promotion and tenure; forward recommended promotion and
tenure decisions to the full Board.
- Validate faculty recommendations of degree candidates; forward to
the full Board an approved list of candidates for specific undergraduate
and graduate degrees.
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| Advancement Committee |
| Duties: |
- Create and maintain within the Board an awareness of and commitment
to the importance of private giving.
- Maintain goals for trustee giving and systems for engaging
trustees in College fund raising processes.
- Work with College administration to set annual and long-range
fund raising goals; provide ongoing review and monitoring of progress
toward specific fund raising goals.
- Periodically examine trends in philanthropy and analyze
implications for future College development initiatives.
- Establish for Board adoption and maintain over time College
policies pertaining to the receipt and use of gifts.
- Provide ongoing support to the Vice President for Development
in determining the extent to which professional staff and budget are
distributed in ways to maximize giving by the College's myriad constituencies.
- Identify and recruit new individual, corporate and foundational supporters
to the College.
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| Awards
Committee |
| Duties: |
- Identify candidates for honorary degrees and individuals
to serve as Commencement Speakers; forward nominations to the full
Board for endorsement.
- Review candidates for the College's major awards, including
Reflection and Trustee awards.
- Engage in a periodic review of the College's criteria and procedures
for making awards.
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| Business and Finance Committee |
| Duties: |
- To monitor the institution's financial operations by making periodic
and regular reviews of the financial affairs of the College, including
but not limited to the budgets and current and proposed revenue and
expenditures.
- To oversee the annual and long-range operating budgets.
- To ensure that accurate and complete financial records are
maintained.
- To keep the full Board fully informed of the college's financial condition
by ensuring that timely and accurate financial information is presented
to each member and by discussing all aspects of the budget with the
full Board, including its underlying assumptions and how it reflects
the college's mission and vision.
- To
serve as liaison between the Investment and Human Resources Sub-Committees
and the full Board.
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| Investments
Subcommittee |
| Duties: |
- Formulate investment policy
for the Board and the College, including specific investment objectives
and endowment fund spending rules.
- Recommend to
the Business and Finance Committee and then to the full Board agreements
with the financial manager and/or consultants; monitor performance
of the College's fund managers.
- Annually review the level of expenses its funds management
program incurs each year, including internal management costs, fees
paid to outside active managers, custodial and reporting fees paid
to banks, and any fees paid to general-purpose consultants who assist
the committee.
- Oversee the institution's financial reporting structure for
its various investment funds; ensure appropriate systems are in
place so that individual donor preferences are recognized and investment
management can be carried out in accord with those preferences.
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| Committee
on Trustees |
| Duties: |
- Periodically review and update as necessary the profile of the Board
to ensure its composition reflects the needs and directions of the
College.
- Monitor the composition of the Board in order to ensure adherence
to the ideal profile of the Board.
- Identify prospective Board members; work with the President to cultivate
potential members; screen and propose new members for appointment
to the Board.
- Monitor Board and officer performance; at appropriate intervals,
present candidates for officers of the Board.
- Review the group of Board members up for re-election with regard
to their participation in the affairs of the College according to
the standard of attendance at meetings, service through committees,
financial support, and other identifiable evidence of support of
the College and its programs; recommend to the full Board those
members who should continue terms on the Board.
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| Executive Committee |
| Duties: |
- The
Executive Committee ensures that the Board fulfills its collective
responsibilities.
- Serve as the Board's mechanism for overseeing the institutional planning
and budget processes and monitor the progress the institution makes
toward achieving the designated goals and objectives.
- Serve as a sounding board for the president and administration, particularly
in reviewing potential initiatives, policy changes, or other key issues.
- Provide advice, counsel and support to the president; monitor the
president's performance and contract.
- Act on behalf of the full Board in emergencies.
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| Institutional and Strategic Planning Committee |
