Charge:

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.

• Ensuring that the Investment Policy and the Treasurer’s Manual are reviewed and updated regularly.