Journal Trust Fund & Investment Committee

Oversees investment — including, but not limited to, the 2nd Century Fund, the Bensley Trust Fund, and the Basmajian/Williams & Wilkins Award and Langman Award accounts — to ensure that these funds are invested according to policy and are used as required for the purposes for which they were established.

Responsibilities

  • The committee typically conducts its business via phone and written communication.
  • The committee meets with the investment advisor via quarterly conference calls, at minimum, to:
                 Review past, present, and prospective economic climate in relation to the investment strategy of each investment manager.
                 Review the investment strategies being used to fulfill the stated objectives.
                 Evaluate the risk levels of the securities represented in the portfolios.
                 Review trends in performance levels in relation to stated objectives.
                 Review quarterly written reports prepared by the investment advisor.
  • Additional contact will take place on an as-needed basis, either by phone or written communication.

Qualifications

  • Be an active member in good standing
  • Provide a CV and brief synopsis of why you are interested in serving on this committee and how you might contribute to addressing its responsibilities
  • Additional information, such as a letter of reference, may be requested

Roster

Chair

NameCompanyThru Date
Raj EttarhCalifornia University of Science and Medicine12/31/2021

Members

NameCompanyThru Date
Bryon GroveUniversity of North Dakota4/30/2023
Anna LysakowskiUniversity of Illinois At Chicago12/31/2021
Margaret McNultyIndiana University School Medicine12/31/2022

Schedule

The committee shall hold quarterly conference calls and at such other times as the business of the Association may require.

Reporting

The chair will report to the Board at its spring and fall meetings.

Composition

This committee shall consist of 4 members, plus the Secretary/Treasurer.

Appointment Process

  • Following review of volunteer applicants from the membership, the chair will make recommendations to the leadership for filling vacancies on the committee and the Board of Directors approves the appointments.
  • Members serve for 3 years; the chair serves for 2 years and sits on the Finance Committee.