Referral for Board of Directors or Board Development Committee |
Referral forms must be submitted by 9/30/24 to be considered for the 2025 election year.
This referral form is designed for the purpose of submitting names of individuals (or self submitting) as possible candidates for a position on the Board of Directors, Board Development Committee, or a committee. It does not indicate this person will be nominated.
Descriptions
Board of Directors – Sets the strategic direction for the council and ensures that necessary resources are in place to support the work of the council. The board provides oversight and compliance and regularly reviews the performance of the CEO. In addition, the board establishes a two-way communication with the membership when making critical decisions. Directors must be able to govern with an emphasis on: a) outward vision rather than an internal preoccupation; b) encouragement of diversity in viewpoints; c) strategic leadership more than administrative detail; d) clear distinction of board and chief executive roles; e) collective rather than individual decisions; f) future rather than past or present; and g) proactivity rather than reactivity. The board meets six times per year (four times in person) to carry out its work and may have additional task group meetings. Directors serve for a three-year term and may be re-elected for an additional term.
Board Development Committee – Actively seeks, identifies, recruits, interviews, and assesses prospective candidates for the Board of Directors and the succeeding Board Development Committee (BDC). It ensures a balanced and diverse single slate of nominees. In addition, the BDC provides a continuing education for all directors. The BDC meets monthly, by video conference, August – February. Additional meetings may be necessary. Members serve for a three-year term and may be re-elected for an additional term.
Audit Committee – Assists the board in performing the duties and responsibilities of the board with respect to the auditing functions. The audit committee has the authority to provide for the conducting of investigations it deems appropriate, to contact directly independent auditors, the finance staff, and other advisors and require them to provide any information needed. The audit committee recommends to the board the engagement of an independent public auditing firm to perform the annual audit and meets with the auditors to review the audit plans, scope, and engagement letter. Members should have financial experience or knowledge and at least one should have auditing experience. The audit committee meets 2-3 times per year and can do so by video conference or in person.
Investment Committee – Oversees the council’s investments and monitors the investment managers to ensure that the investment policy statement is being carried out as designed. They meet twice per year with each investment manager to review the current investments and to hear any concerns or recommendations. This committee is accountable to the CEO and provides advice and counsel concerning investments. Members should have knowledge of investments and/or finance and be willing to review investment reports. Meetings are held twice per year by video conference.
Descriptions
Board of Directors – Sets the strategic direction for the council and ensures that necessary resources are in place to support the work of the council. The board provides oversight and compliance and regularly reviews the performance of the CEO. In addition, the board establishes a two-way communication with the membership when making critical decisions. Directors must be able to govern with an emphasis on: a) outward vision rather than an internal preoccupation; b) encouragement of diversity in viewpoints; c) strategic leadership more than administrative detail; d) clear distinction of board and chief executive roles; e) collective rather than individual decisions; f) future rather than past or present; and g) proactivity rather than reactivity. The board meets six times per year (four times in person) to carry out its work and may have additional task group meetings. Directors serve for a three-year term and may be re-elected for an additional term.
Board Development Committee – Actively seeks, identifies, recruits, interviews, and assesses prospective candidates for the Board of Directors and the succeeding Board Development Committee (BDC). It ensures a balanced and diverse single slate of nominees. In addition, the BDC provides a continuing education for all directors. The BDC meets monthly, by video conference, August – February. Additional meetings may be necessary. Members serve for a three-year term and may be re-elected for an additional term.
Audit Committee – Assists the board in performing the duties and responsibilities of the board with respect to the auditing functions. The audit committee has the authority to provide for the conducting of investigations it deems appropriate, to contact directly independent auditors, the finance staff, and other advisors and require them to provide any information needed. The audit committee recommends to the board the engagement of an independent public auditing firm to perform the annual audit and meets with the auditors to review the audit plans, scope, and engagement letter. Members should have financial experience or knowledge and at least one should have auditing experience. The audit committee meets 2-3 times per year and can do so by video conference or in person.
Investment Committee – Oversees the council’s investments and monitors the investment managers to ensure that the investment policy statement is being carried out as designed. They meet twice per year with each investment manager to review the current investments and to hear any concerns or recommendations. This committee is accountable to the CEO and provides advice and counsel concerning investments. Members should have knowledge of investments and/or finance and be willing to review investment reports. Meetings are held twice per year by video conference.