Governance Committee: February 27, 2014
The Governance Committee met on Feb. 27, 2014. Chairman Steve Lacy presided. Action taken and topics discussed included the following:
- Received an update on the catastrophic loss plan and reviewed progress on tier one risks associated with the foundation’s Enterprise Risk Management assessment.
- Reviewed the progress on dissolution of the KSU Charitable Gift Fund.
- Provided input on the annual review of the Governance Committee Charter.
- Received the quarterly 403(b) Retirement Plan fiduciary review with no exceptions noted.
- Reviewed options and approved the platform for a fraud hotline