Foundation Board Standing Committees
The executive committee of the Allan Hancock College Foundation shall have and exercise
the authority of the board of directors in the day-to-day management of the corporation
as prescribed by the bylaws or as directed by the board of directors. The committee
shall include the elected officers of the corporation, a trustee appointee, the Superintendent/President,
and two at-large members of the board of directors. This committee will meet monthly
or as necessary to effectively discharge the work of the foundation.
The investment committee of the Allan Hancock College Foundation shall make recommendations
to the executive committee relative to the Foundation’s financial activities but not
limited to investment of funds, allocations of earnings, budgets, and fiscal policy.
Subject to board approved policy, the committee shall exercise the powers of the corporation
with regard to its assets and investments. The committee shall report at each regular
board meeting concerning the income, expenses and investments of the corporation.
The committee is chaired by the elected treasurer of the corporation; membership includes
the College’s Associated Superintendent/Vice President, Administrative Services, and
other voluntary members from the board and/or community. At no time should this committee
have fewer than five (5) members.
The nominating committee of the Allan Hancock College Foundation shall be responsible
for seeking out, screening, and proposing new directors, as well as officers, to be
elected to the board of directors. At the annual meeting of the corporation, the committee
shall deliver a slate of officers for consideration. In addition, the committee shall
recommend the nomination of new directors and/or re-nomination of current board members
at any regularly scheduled meeting of the Foundation’s board of directors.
The scholarship committee of the Allan Hancock College Foundation shall oversee the
foundation's scholarship program and make recommendations to the board of directors
on ways to improve the program's policies and procedures. As needed, the scholarship
committee will review waiver requests from student recipients, and may authorize or
deny approval of the request, as they deem appropriate. To expedite waiver requests
based upon criteria that historically would be approved or denied, the committee may
establish a process under which the Foundation’s Executive Director can review and
process those with further input from the committee. In those instances, the waiver
request must meet all other requirements and provide appropriate documentation in
order to bypass the committee.
Top of Page
Make a donation
I Chose Allan Hancock College