Finance Committee Report

Finance Committee Report

Susan Kulik September 29, 2012

The Alumni Association remains financially sound despite the economic and social problems we face today. Our 2011 stocks began and ended the year at the same point which we see as a win considering last August’s poor performance. The income allocation in our portfolio did better than the stock portion as the bond market performed well in 2011.

The Alumni Association continues to sponsor the Pinning Ceremony for graduating classes, and we continue to support alumni programs such as alumni weekend and student activities. The JHU Alumni Association awarded us $19,588.00 to cover for dues as the Alumni Association no longer requires dues paying memberships. As of August, the alumni association budget was on target.