For Immediate ReleaseFri, 03/08/2019
Keith D. Brown
Senior Financial Analyst
ALA Finance Department
CHICAGO - Applications are now being accepted for two expiring terms on the American Library Association (ALA) Endowment Trustees committee.
The ALA Endowment Trustees have the authority to hold, invest and disburse endowment and other long-term investment funds as directed by the ALA Executive Board. Candidates must be or become members of the ALA. They must have a working knowledge of investment opportunities available to the endowment and other long-term investment funds, and of benchmarks used to judge fund performance. The candidates must also have experience in the management or oversight of investment funds in a business setting and must be able to contribute to the preparation of semi-annual reports on the performance of the fund to the ALA Executive Board and Council. Additionally, candidates must be able to participate in any scheduled conference calls, attend two to four meetings per year in Chicago and other selected cities.
The ALA Executive Board will select candidates during the 2019 ALA Annual Conference & Exhibition, held June 20 - 25, in Washington, D.C. Newly selected Trustees will begin serving immediately upon notification of their selection. The three-year term will expire at the conclusion of the 2022 ALA Annual Conference in Washington, D.C.
The deadline for receiving applications is June 1, 2019.
In reviewing the requirements and skills necessary to manage the ALA Endowment Fund, the ALA Executive Board and the Endowment Trustees have established the following general guidelines for becoming a Trustee:
Additional information regarding ALA Endowment Trustee qualifications and responsibilities is available. Interested parties may contact Keith D. Brown, Senior Financial Analyst, ALA Finance Department at 1-800-545-2433, ext. 4255, or firstname.lastname@example.org .
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