Financial Advisory Committee

The Committee is responsible for:

  • Assisting the Treasurer in maintaining surveillance over the funds and investments of the Association with the goal of steadily increasing the assets while providing funds.
  • Ensuring that the Association maintains a reserve fund equal to 6 months of current operating expenses.
  • Reviewing and revising, at least annually, the Association’s strategy for
    long-term financial growth, and advising the Treasurer and the Board about
    best business and operating practices for non-profit organizations.
  • Investigating for the Treasurer investment vehicles for the Association; the Treasurer will submit the recommendations of the committee to the Executive Board for approval.
  • Working with the Development Committee to ensure that funds raised by that Committee are appropriately allotted or invested.
  • Ensuring that the Investment Policy and the Treasurer’s Manual are reviewed and updated regularly.

Chair:
Allan T. Kohl, Minneapolis College of Art & Design

Members:
Maureen Burns, IMAGinED Consulting
Jane Darcovich, University of Illinois at Chicago
Jen Green, Plymouth State University
Billy Kwan, NY School of Interior DesignJolene de Verges, Southern Methodist University
Elaine Paul, University of Colorado BoulderVRA Executive

Board Liaison:
Jen Green, Plymouth State University