Our Governance

The Foundation is governed by a Board of Directors of up to 16 persons including the President who serves ex-officio as a member of the Board. Each Director is eligible to serve up to three four-year terms. A Director is reviewed by the full Board before election to a new term.

The Foundation has the following standing Committees: Audit, Budget and Compensation, Institutional Policy Committee, Investment, and Nominating. In addition, from time to time, the Chair of the Board upon the recommendation of the President appoints ad hoc committees to address specific issues facing the Foundation.

Through the work of the Board and its Committees, the Board sets policies and strategic direction for the Foundation, approves grantmaking areas, initiatives and grants in excess of $500,000, oversees investments, and the audit process. The Board also reviews the performance of the President on an annual basis and approves his/her compensation and reviews compensation for senior staff on an annual basis.

The Foundation’s articles of incorporation, by-laws and charters for the standing Board Committees are found below.

Articles of Incorporation

By-laws

Charter of the Audit Committee

Charter of the Budget and Compensation Committee

Charter of the Institutional Policy Committee

Charter of the Nominating Committee