CALIFORNIA-HAWAII ELKS ASSOCIATION

CALIFORNIA-HAWAII  ELKS ASSOCIATION

A Charitable Organization Serving Children with Disabilities Since 1950

Elks Care ~ Elks Share

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INVESTMENTS COMMITTEE

Rex Dondlinger ~ Arcadia Lodge No. 2025

The INVESTMENTS Committee shall consist of seven (7) members who shall be chosen from the following: one (1) Trustee from each the Association and Major Project Boards; four (4) members chosen from the membership at large who have a financial and investment background and experience; and a Past Grand Exalted Ruler from CHEA. This committee may select and use Advisors as they deem necessary. The CHEA and CHEMPI members shall each serve a one (1) year term; the four (4) at-large members a four (4) year term with one (1) such member being appointed each year. The first four (4) at-large members shall determine their initial terms of offices, i.e., 1, 2, 3, or 4 years, by lottery.

The committee shall select one (1) of its members as Chairman.

The committee is responsible to monitor, oversee and make recommendations for the investments of CHEA and CHEMPI, and shall have the overall responsibility therefore, in accordance with the investment policies and objectives established by the individual Boards. They shall meet at the annual Association Convention and Mid-Term Conference and report to the respective Boards and Budget Committees. Special meetings may be called by the Chairman of either Board or the Committee Chair.