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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