CHAPTER I

Rotary Code of Policies 203
January 2013
30.065. Standing Board Committees
30.065.1. Establishment and Terms of Reference for Standing Board Committees
The Board has established the Administration Committee and Programs Committee as
standing committees of the Board, the members of which are to be appointed annually by
the president. Standing Board committee members shall be members of the Board other
than the president, president-elect, vice-president, and treasurer. The terms of reference
for each standing committee are as follows:
Administration: This committee shall consist of five to seven members of the Board,
appointed at the discretion of the president, and shall act in an advisory capacity to the full
Board. This committee shall consider such matters of an administrative or legal nature as are
referred to the committee by the president or the Board.
Programs: This committee shall consist of five to seven members of the Board,
appointed at the discretion of the president, and shall act in an advisory capacity to the
full Board. This committee shall consider such matters involving RI programs,
international meetings, and membership issues as are referred to the committee by the
president or the Board. (June 2007 Mtg., Bd. Dec. 226)
Source: August 1999 Mtg., Bd. Dec. 56; Amended by May 2000 Mtg., Bd. Dec. 397; August 2000 Mtg., Bd. Dec. 92; July 2004
Mtg., Bd. Dec. 13; November 2004 Mtg., Bd. Dec. 45; June 2005 Mtg., Bd. Dec. 340; November 2005 Mtg., Bd. Dec. 120; June
2007 Mtg., Bd. Dec. 226
30.070. Finance Committee
30.070.1. Finance Committee Responsibilities
It is the responsibility of the RI finance committee to counsel the Board on all finances of
RI, including recommending and monitoring the annual budget and the five-year
financial forecast, reviewing books of account and accounting methods, recommending
investment policies and monitoring the performance of investment managers, and review,
prior to publication, any RI literature (or reprints thereof) relating to the committee’s
work. (June 1998 Mtg., Bd. Dec. 348)
Source: July 1997 Mtg., Bd. Dec. 5
30.070.2. Meetings of the Finance Committee
The Finance Committee shall hold two meetings in each Rotary year, once in the first
part of the year for up to three days, and a second meeting, for up to four days, when the
committee develops the budget it will recommend for the ensuing year. It is
recommended that Board meetings be arranged to provide for the report of the first
meeting of the Finance Committee each year to be brought to the attention of the Board
annually at its second meeting. (November 2004 Mtg., Bd. Dec. 58)
Source: October 1988 Mtg., Bd. Dec. 69; May-June 1980 Mtg., Bd. Dec. 467; Amended by November 2004 Mtg., Bd. Dec. 58