|Submission Date||June 12, 2016|
Frostburg State University
PA-13: Committee on Investor Responsibility
|0.00 / 2.00||
Does the institution have a formally established and active committee on investor responsibility (CIR) or similar body that has multi-stakeholder representation (i.e. includes faculty, staff, and students) and otherwise meets the criteria for this credit?:
The charter or mission statement of the CIR or other body which reflects social and environmental concerns or a brief description of how the CIR is tasked to address social and environmental concerns:
We have a Foundation investment committee, but all investment tasks for FSU Foundation Inc. are contracted out to University System of Maryland Foundation and Wilmington Trust. Our investment committee does not therefore have any statement regarding environmental or social concerns.
Members of the CIR, including affiliations and role (e.g. student, faculty, alumni):
Investment Committee Members:
All are alumni:
Examples of CIR actions during the previous three years:
They recommend the Spending Policy to the Full Board of Directors for approval based upon the recommendation of the USM Foundation who holds all of our endowment investments. They also review financial reports.
The website URL where information about the CIR is available:
The information presented here is self-reported. While AASHE
staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution and complete the Data Inquiry Form.