• Home
• About The Foundation
• Contact Information
• Guidebooks
• Forms To Download
• Payroll Schedule
• Employment
• Important Links
  & Information
• Workshops
• Board of Directors Information
• Web Based Reports
• Grants and Contracts Received
  FY 2008-2009

Humboldt State University Sponsored Programs Foundation

HSUSPF 2004-BOD 003

Revision #1 - 10 March 2005

RESOLUTION TO ESTABLISH THE FINANCE COMMITTEE

WHEREAS, The Bylaws of the Humboldt State University Sponsored Programs Foundation (HSUSPF) authorize the establishment of committees of the Board of Directors by resolution of the Board; therefore, be it

RESOLVED: That the Board of Directors of Humboldt State University Sponsored Programs Foundation hereby establish the Finance Committee whose responsibilities shall include

1. Reviewing the recommendations of the Personnel Committee regarding salary and benefits and making recommendations to the Board of Directors regarding their fiscal impact.
2. Developing fiscal policies for approval by the Board of Directors.
3. Developing and recommending to the Board of Directors the budget of the HSUSPF annually.

; and be it further

RESOLVED: That the Board of Directors of HSUSPF comprise the Finance Committee of seven members including two faculty Directors, the Vice President for Administrative Services, the President of the HSUSPF Board of Directors, one ex officio member, one community member preferably with expertise/experience in fiscal policies and practices and the Treasurer, of the HSUSPF Board of Directors who may succeed themselves for sequential annual appointments to the Finance Committee; and be it further

RESOLVED: That the Board of Directors authorize the Executive Committee of the HSUSPF to nominate individuals on the Finance Committee and submit the names to the Board of Directors for approval annually at the September meeting; and be it further

RESOLVED: That the Board of Directors of HSUSPF elect the chair of the Finance Committee from among the seven approved members, except that the Treasurer may not also chair the Finance Committee; and be it further

RESOLVED: That the Board of Directors of HSUSPF include the chair of the Finance Committee among the Officers of the Board of Directors and members of its Executive Committee governed by the Bylaws under Article IX.