The Executive Committee’s role is to set the agenda for the Board each year, coordinate the work of Board committees, and assist the Head of School as sounding board and counsel.
The Governance Committee supports the mission of Germantown Academy by ensuring effective Board and School leadership. The Committee is responsible for Board governance in the following ways: the periodic review, revision and implementation of the By-laws; the regular review and discussion of School and Board policies and procedures; the general structure of Board Committees and the composition of Standing Committees; the annual self-evaluation of the Board; the recruitment and on-boarding of new Trustees; the oversight of the overall composition of the Board and trustee/officer/committee chair succession planning; and, the oversight of Trustee professional development and School engagement.
The Development Committee oversees all institutional advancement fund raising activities, marketing efforts, and the public relations and external communications to enable Germantown Academy to excel as a leading independent school.
The Finance Committee oversees all material aspects of the school’s financial planning and reporting, control and audit functions, as well as overseeing endowment, campaign and operating investments. This includes focusing on the qualitative aspects of financial reporting and on the school’s processes for the management of business/financial risk and compliance with significant applicable legal, ethical and regulatory requirements. In addition, the Finance Committee will focus on identifying financial trends/situations that could materially impact the long-term financial health of the school.
The Investment Committee shall direct and supervise investment of the Academy’s endowment and trust funds and provide advice on short-term cash management to the Business Office within investment policies developed by the Board.
Campus Planning Committee
The Campus Planning Committee shall have general responsibility for the maintenance of all buildings and facilities and the improvement, maintenance and use of the grounds. The Committee oversees strategies for achieving the plant and facilities goals to provide an outstanding physical environment that meets the needs of the School’s educational program and takes into consideration the requirements in the areas of health, safety, aesthetics, accessibility and environmental impact.
The Audit Committee reviews annually with the outside auditors the audited financial statements of the School Corporation.