Committee - Investment Policy
The mission of the Investment Policy Committee is to oversee for the Board the on-going policy, process, guidelines and management of the fund balances and investments in the Business League and Educational Fund accounts of the FWA.
Contact Chair

Members of the 2011-2012 Investment Policy Committee
Voting Members:
Stephanie Ackler (Chair)    
Anne Izzillo Christiane Olsen Elaine Gilde
Non-voting Members:
(Members attend meetings, provide services and/or guidance to the committee.)
Susan Ganz Karen Rockey Barbara Cohen

Overview of Committee Activities
The IPC met to review quarterly fund performance, evaluate current investments in light of the FWA investment and liquidity requirements and to make recommendations to the FWA Board on any matters relative to investments, investment managers and/or any changes to existing policies and procedures.

The Committee met after the end of each quarter to review investment performance and to determine any going-forward recommendations to the Board. Performance during the year was satisfactory and asset allocation remained unchanged after careful consideration of the economic and investment outlook on a periodic basis. However, we continue to evaluate the current conditions and review possible changes to the allocations.

2010-2011 Accomplishments/Highlights
  • Maintained and updated a board approved 'Mutual Fund List'
  • Maintained monthly updated investment summary reviews and held regular quarterly IPC meetings
  • Began and implemented a 4% annual distribution from the investment portfolios to begin building up respective reserve funds
  • Developed IPC Operating Guidelines for clearer on-boarding of new committee members
Meeting schedule
Quarterly – Next meeting to be announced.

Special thanks
A special thanks to all the committee members for their time and input. Susan Ganz, thank you for your passion and energy you shared this past year with this committee and entire organization. And thank you to Nancy Sellar, FWA Executive Director and Barbara Cohen FWA Secretary. This committee continued to make great inroads to strengthening the process and procedures for better investment reviews and oversight, for orchestrating changes in the future as well as coordinating with the FWA Treasurer, her proxy and with the FWA office.
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  Last updated:
  June 29, 2011