Committees

Audit Committee – At least two (2) elected Board members, but no Corporation officers may serve on this committee. Finance and Investment Committee members may not constitute a majority of the Audit Committee. This committee reviews the plans, scope, and result of the audit engagement with an independent auditor and reports all corresponding information to the Board.

Executive Committee – Comprised of the Board Chair, the Committee Chair of each standing committee, the CSULB President, the Treasurer, the Secretary, and Chief Executive Officer. This committee sets the agenda for Board meetings, and reviews proposed revisions to the Bylaws and the annual conflict-of-interest reports by Board members.

Finance and Investment Committee – At least two (2) elected Board members, the Treasurer, and Chief Operating Officer may serve on this committee. The Audit Committee Chair shall not serve on the Finance and Investment Committee. This committee will make recommendations to the Board regarding investments, endowment spending policies, budget, and risk management.

Nominations Committee – At least one (1) elected director, Board Chair, and Chief Executive Officer may serve on this committee. This committee will screen and nominate qualified persons for election to the Board of Directors.