Page 522 - 2026 Chapter Directory
P. 522
• Attend meetings of the Board of Directors while participating in its
deliberations without a vote.
ARTICLE VII
Committees
Section 1. The standing committees of the foundation shall be:
A. Audit
B. Bylaws
C. Fundraising
D. Funds Allocation/Financial Planning
E. Guidelines
F. Investments
G. Nominating
H. Technology
I. Ticketron
These committees do not have and may not exercise the authority of
the Board of Directors. Members of the foundation may volunteer to
work on committees. Volunteers for committees shall be solicited
annually, except for the Audit Committee.
Section 2. The standing committees have the following
responsibilities:
A. The Audit Committee shall facilitate the external audit of
the financial accounts of the foundation on an annual basis.
The Audit Committee shall conduct internal reviews of all
accounts of the foundation on an annual basis, or when there
is a change in financial officers. The end of year financial
records of the foundation shall be made available for audit by
March 1 of the following year. The mid-year financial records of
the foundation will be made available for review by August 1 of
Ivy Educational & Charitable Foundation Page 36
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