New Alumni Board members will be slated at the Spring meeting of the Alumni Board, elected by the members of the Alumni Association and take office July 1 st in accordance with the University s annual calendar. The Student Alumni Association president and vice president will be included as speaking delegates at the Alumni Board of Directors meetings. In the event of a vacancy, the position will be filled by nomination of the Executive Committee with approval of the Alumni Board. The Alumni Board will nominate to the Governor of the State of Indiana two alumni to serve on the University Board of Trustees. The nomination process will occur every two years and the Board will conduct the process according to the Burns Statutes of the State of Indiana and the written nomination procedures and criteria which the Board may amend from time to time.
Trustees serve terms of four years.
Article VIII Budget and Finance 1. Additional fund raising projects must have the approval of the University through the Vice President for University Advancement. The Alumni Board will submit an annual budget for Association programs in the Spring of each year for the period of July 1 to June 30 to the Budget Committee of the ISU Foundation. The budget will be reviewed jointly by the Alumni Board, Executive Director of Alumni Affairs, and Vice President for University Advancement. The Executive Director of Alumni Affairs will be responsible for expending funds in accordance with the budget and will report regularly on expenditures of the Alumni Association to the Alumni Board.