Finance Committee Report

Fall/Winter 2013 As Seen in Our Fall/Winter 2013 Issue

Gerry Peterson

September 28, 2013

The Alumni Association remains financially sound. The Board approved an updated investment policy that reinforces the objectives of the funds asset allocation to provide the highest return consistent with a moderate level of risk with a long-term horizon. The University Development Fund awarded us $19,624.17 to replace funds previously received from dues as the Alumni Association no longer requires dues-paying memberships.

As of August, the alumni association budget was on target.

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