Thursday, December 11, 2008
December Board meeting update
Hi all! Last week the Board met for the December board Meeting. Typically this is just a festive and fun meeting before the holidays. But, t his year, we had important work to do. Due to the economic conditions, our endowment has dropped significantly this year. The good news is that we are not alone in this. However, the Board thought it would be wise to evaluate our investment advisors and even hear from a new firm. So, we did just that. From now until the next board meeting, we will be chewing on the informaiton provided and will vote in January to determine who will manage our money between now and then. Let's just hope the market improves as well...
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