[CONTENTS]

INVESTMENT COMMITTEE
[Synod, 2005]

Membership:

At Large: Five members. Members are required to have knowledge applicable to their responsibilities.
Ex-Officio: Treasurer of General Synod
Advisory: Representatives from each denominational agency or board with funds invested with the Investment Committee; Moderator, Moderator-Elect and Coordinator of General Synod; Chief Administrative Officer of Central Services.

Terms of Service:

At Large: Five-year terms.
Ex-Officio and Advisory: As determined by the office to which elected or appointed.

Stated Meetings:

Quarterly. Three of those meetings may be via conference call.

Authority:

The Investment Committee is charged with the management of investment funds of the denomination and its agencies as entrusted to it. The Investment Committee may also manage funds from Presbyteries and Churches.

In the exercise of its authority, the Committee shall comply with the Standards of the Associate Reformed Presbyterian Church, and its policies and programs shall be consistent with the purpose of the General Synod.

Duties:

The initial membership shall have the following duties and responsibilities:
1. developing guidelines for the work of the Committee;
2. management of all investments funds under the auspices of the ARP Foundation/Stewardship (including funds of the General Synod) and the Board of Benefits:
3. reviewing all current investment relationships for funds currently invested under the auspicies of the ARP Foundation/Stewardship (including funds of the General Synod) and funds of the Board of Benefits; and
4. discuss with other boards and agencies the possibility of including their funds in those under management.

Revised 2006