2012 Board Finance Committees
Audit Committee
Mark B. Sisisky, Chairman
Beverley W. Armstrong
John A. Luke, Jr.
Thomas G. Snead, Jr.
John Sherman, Jr., Ex Officio
The role of the Audit Committee is to oversee all material aspects of TCF’s financial reporting, internal control, audit function and compliance with legal and/or regulatory matters that may affect our financial reports.
Finance Committee
Thomas N. Chewning, Chairman
Austin Brockenbrough, IV
Iris E. Holliday
Ranjit K. Sen
Robert C. Sledd
The role of the Finance Committee is to develop and recommend TCF’s annual operating budget to the Board of Governors, to establish compensation guidelines for foundation employees, and to establish the reporting format for key financial and operating data.
Investment Committee
Thomas S. Gayner, Chairman
Thomas D. Byer
Mark B. Sisisky
Thomas G. Snead, Jr.
Richard G. Tilghman, Community Representative
Chris Williams, Community Representative
The role of the Investment Committee is to oversee all aspects of TCF’s investment management to achieve a total return that meets spending goals on an inflation-adjusted basis over long periods time.
Trust Oversight Subcommittee
Farhad Aghdami, Chairman
Thomas D. Byer
Michele A.W. McKinnon, Community Representative
Lissy S. Bryan
The Trust Oversight Committee is a subcommittee of the Finance Committee, which oversees all material aspects of the charitable trusts under TCF’s trusteeship.