The Finance Committee shall make recommendations on the budget to the National Council and shall monitor the budget on behalf of the National Council.  This committee shall develop for action by the National Council a long range corporate fiscal plan, projecting the Corporation’s financial needs three (3) to five (5) years beyond the end of the current fiscal year.  Upon approval by the National Council, and in accordance with the procedures established by the Treasurer of Finance, the Finance Committee may recommend investing and reinvesting the funds of the Corporation, including the general funds and other restricted funds in accordance with the policy established by the National Council.  The Finance Committee shall consist of six (6) board members including the current Treasurer of Finance.  Committee members shall select a secretary who will record the minutes of the meeting.

Strategic Tasks:

* Provide guidance and the ways and means for raising funds to accomplish the goals and objectives of the Organization. The committee shall plan and recommend the scheduling of special fund raising activities.

* Develop and present the annual and multi-year budget of the Organization for approval by the National Council.

* Determine scholarship awards (amounts and number) with the Scholarship Committee with concurrence of the National Council, on an annual basis.