The IUF Board of Directors governs the Indiana University Foundation. Nearly 50 directors, each a leader in business, the professions, or civic affairs, serve on the Foundation Board and contribute their time, wisdom, and resources to IU. They are volunteers and serve without compensation. They meet three times a year as a body and some attend committee meetings between regular full sessions. They contribute their considerable expertise. In addition, they contribute generously of their own resources, collectively giving an average of more than $4-5 million to IU in any given year.
The directors provide external oversight of the Foundation’s operations, and the president of the Foundation reports to them. The bylaws stipulate that three directors are members of the University’s Board of Trustees, thus assuring a formal channel of communication between IU and IUF. The directors recognize a responsibility to reflect in their membership the geographic, ethnic, and gender diversity of Indiana University’s alumni and friends.
