Page 560 - 2025 Chapter Directory
P. 560
B. The Bylaws Committee shall propose needed changes in the
bylaws, consider changes recommended by foundation
members, and formulate the same for circulation and action. The
parliamentarian shall serve as its chairman.
C. The Fundraising Committee shall raise funds through
programs, solicitations, and other means, so as to fund the
foundation’s scholarships, gifts, and expenses while, at the same
time, establishing a permanent endowment.
D. The Investments Committee shall maximize the return of
such of the foundation’s assets as are available for investment
while ensuring safety of principal. The Investments Committee
shall work with the Funds Allocation Committee to determine
what amounts available for investment may be committed short-
term, intermediate-term, and long-term.
E. The Funds Allocation/Financial Planning Committee shall
prepare a proposed itemized budget for the foundation each
year, which budget shall cover a one-year period or such shorter
period, as the board may direct. The foundation budget will be
submitted at the meeting in November and voted upon at the
January meeting. Members must be notified by U.S .mail or
electronic in advance of the meeting. This committee shall also
prepare a cash flow analysis to determine what portion of the
foundation’s assets shall be available for investment and work
with the Investments Committee to determine over what period
of time amounts may be invested.
F. The Guidelines Committee shall establish and maintain
guidelines for raising funds, making gifts, and awarding
scholarships.
G. Nominating: The Nominating committee shall present the
ballot of candidates for positions on the Board of Directors at the
November meeting and nominations may be taken from the floor
prior to voting.
H. Technology: The Technology committee shall be responsible
for implementing technological solutions to accommodate the
needs of the IEACF. This committee shall also be responsible
for the development and maintenance of the IEACF website.
IEACF Bylaws Page 14

