Committee Member – Finance
Our board | The Friends of Batahola are inspired by the vision of the Cultural Center of Batahola Norte founders, Sr. Margie Navarro, CSJ and Fr. Angel Torrellas, OP and will continue their mission of empowering the people of Nicaragua.Friends of Batahola supports, sustains and promotes the Cultural Center of Batahola Norte in Managua, Nicaragua, through prayer, financial assistance, solidarity and building community, thereby responding to the call of the Gospel.The Friends of Batahola board's sole purpose is to be a fundraiser for the Cultural Center of Batahola Norte, Managua, Nicaragua. The board is all volunteers. |
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Position | The Finance and Investment committee shall recommend financial policies and goals that support the mission, values and strategic goals of FOB. And, further, shall review FOB financial performance relative to the above. Responsibilities include:·Investment Portfolio Oversight ·Prepare an investment policy and a spending policy and present these to the Board fo rapproval and provide periodic review of these policies.·Recommend selection of investment manager(s) and asset custodian to the Executive Committee and the Board.·Review and monitor the performance of all investment professionals including the custodian and the investment manager(s).·Review the investment performance and present periodic reports to the Board.·Budgeting and Financial Planning·Develop, review and modify as appropriate the annual financial plan, including theoperating budget and present this to the Executive Committee and the Board for approval.·Monitor adherence to the budget.·Set long-range financial goals and coordinate with funding strategies to achieve them. |
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Desired skills *required | Accounting, Finance* |
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When | We just met Sept. 12 and will meet again Jan. 9 via Zoom and then again in May. Both of these two meetings are usually two hours. |
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Where | We are meeting via Zoom. The Sept. meeting is held here in Cincinnati |
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Commitment | 1 to 3 hours/month |
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Donation | We strive for 100% board giving, but have no strict guidelines around financial contributions. |
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Requirements | 1. Attend board meetings there are 3 a year, 2 conference calls and the annual meeting which is 1.5 days in September. 2. Be a part of one of the committees 3. Support CCBN financially or through solidarity. |
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On-boarding | The executive committee discusses the individual. The individual would meet with the president to discuss whether they would like to be on the board and then submit a CV. The board then votes on the new member. We have an established orientation for the new board member. |
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Our mission | Friends of Batahola supports, sustains and promotes the Cultural Center of Batahola Norte in Managua, Nicaragua, through prayer, financial assistance, solidarity and building community, there by responding to the call of the Gospel. |
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Causes | Arts & Culture, Children, Disaster Relief, Education, Social Justice & Equality |
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