Investment Committee Job Description (Lipscomb Family Foundation)
The Investment Committee is responsible for the oversight of the Foundation assets. The Committee is comprised of three members selected from the Board. The Committee is responsible for defining the investment objectives and policies for the Foundation’s assets, subject to the overall guidelines set forth in this Policy. It is expected that the objectives and policies described in the investment policy will be used as the criteria for selecting the appropriate investment managers or funds for management of the Foundation assets. The Committee has the responsibility to make changes in investment policy and to implement approved policy, guidelines and objectives. The Committee also may appoint consultants and administrators to assist in the management of the Foundation’s assets.