Virginia Tech Foundation
  • Investment Committee Responsibilities

    • Specific oversight responsibilities of the Investment Committee in the Investment process, to be performed with the advice and assistance of appropriate consultants, professional advisors, and staff, include:

      1. To ensure that current spending requirements are supported while also preserving the purchasing power of the endowment fund corpus.
      2. To achieve an optimum level of return within specified risk tolerances.
      3. Complying with applicable laws, regulations and rulings appropriate thereto.
      4. Developing a sound and consistent investment policy including asset allocation, diversification and quality guidelines.
      5. Communicating clearly the major duties and responsibilities of those qualified agents accountable for achieving investment results and to whom specific responsibilities have been delegated.
      6. Advising staff on the selection and termination of investment managers and fund consultants.
      7. Monitoring and evaluating results to ensure that policy guidelines are being adhered to and that policy objectives are being met.
      8. Undertaking such work and studies as may be necessary to keep the Investment Committee members adequately informed as to the status of Foundation assets.