The board of directors consists of volunteers who meet three times a year to oversee the business affairs and property of the foundation. Jim Pillen, chairman of the University of Nebraska board of regents, and Ted Carter, University of Nebraska president, are ex officio, non-voting members. Brian Hastings, University of Nebraska Foundation president and CEO, is an ex officio, voting member.
This committee is responsible for exercising the authority, as needed, of the board of directors at all times between meetings of the full board.
The purpose of the committee is to support the board of directors by providing effective volunteer leadership, continued volunteer development, and by evaluating and assessing governance policies and processes.
The primary responsibilities of the finance committee include recommending financial policies, goals and budgets that support the mission, values and strategic goals of the foundation.
The committee is responsible for enhancing the engagement, cultivation and philanthropic support of University of Nebraska Foundation Trustees.
This committee is responsible for auditing the foundation’s financial books and records annually or otherwise and employs an external auditor for assistance.
The responsibilities of this committee are to maintain the prudent and effective investment of the endowment, formulate investment policies and oversee management of the endowment.
The purpose of this subcommittee is to approve a compensation strategy that enables the foundation to recruit and retain qualified, experienced executive leadership, professional staff and support staff.
The purpose of this subcommittee is to assist the audit committee and foundation staff in the review of the foundation’s annual tax information return required by the Internal Revenue Service and other such duties related to tax reporting and compliance.