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:
Jeannine Keefer, University of Richmond

Members:
Maureen Burns, IMAGinED Consulting
Billy Kwan, NY School of Interior Design
Jolene de Verges, Southern Methodist University
Allan T. Kohl, Minneapolis College of Art & Design

VRA Executive Board Liaison:
Andreas Knab