Election, Term of Office and Qualifications
The President shall be elected for a two (2) year term and may be elected to serve one (1) additional two-year term. The President may not serve as such for more than two (2) successive terms. The remaining officers of the Corporation shall be elected by the Board of Directors at the Annual Meeting for a two (2) year term, provided however all officers shall serve until their offices shall be declared vacant or until their successors are elected and qualified. The President, Vice President, Secretary and Treasurer shall be elected from among members of the Board of Directors who are serving at the time of their election, even though the term of any one of them as Director shall end prior to the expiration of the term of office for which he or she is elected.
Elected Directors shall serve for a term of four (3) years, beginning at the adjournment of the annual meeting at which they are elected. Each Director shall continue in office until his or her successor shall have been duly elected and qualified or until his or her death, resignation or removal.
President shall be the chief executive officer of the Corporation, and, subject to the instructions of the Board of Directors, shall have general charge of the business, affairs, and property of the Corporation and control over its other officers, agents, and employees. He or she shall preside at all meetings of the Board of Directors at which he or she may be present, shall see that all orders and resolutions of the Board of Directors are carried out, execute all conveyances, contract, and agreements authorized by the Board of Directors, and generally see that all the officers and agents of the Corporation perform these duties.
Past President – A person who has served as President and is not re-elected to that office shall serve a one year term as Past President, regardless of whether he or she continues to serve as a member of the Board of Directors. In this capacity he/she shall serve as an advisor and consultant to the President.
Vice President shall perform all the duties and be vested with all of the authority of the President in case of a vacancy in the office of the President, and shall have such other powers and shall perform such other duties as may be assigned to him or her by the Board of Directors.
Secretary shall attend to the giving and serving of all notices of meetings and shall have the custody of the corporate seal and all books, records, and papers of the Corporation, except as shall be in charge of the Treasurer, or some other person authorized to have charge thereof by the Board of Directors, and shall perform such other duties as may from time to time be assigned to him or her by the Board of Directors.
Treasurer shall keep an accurate and detailed record of all receipts and disbursements of the funds of the Corporation, which record shall be submitted to inspection by any member of the Corporation as provided by statute. He or she shall deposit all funds of the Corporation coming into his or her hands in such bank or banks as may be approved by the Board of Directors, and generally shall perform all acts incident to the office of Treasurer, and shall have such further powers and duties as may be assigned to him or her by the Board of Directors.
Executive Director of the Corporation shall also serve as the School of Nursing Assistant Dean for Advancement. The term of office of the Executive Director shall be commensurate with his/her term as Assistant Dean of Advancement.
Board of Directors Roles and Responsibilities
The UNC Chapel Hill School of Nursing Foundation, Inc. is a leadership board that serves as champions of the school’s strategic direction and assists in securing the financial resources to achieve its long-range fundraising goals. The Foundation Board is comprised of distinguished alumni, friends, and leaders in business, industry, government, education, medicine and health care. The scope of representation and influence span the state of North Carolina and the nation. Members reflect the diversity of the state and its people.
The Foundation was chartered in 1982 as a 501.C.3 not-for-profit corporation to accept and oversee the endowment and trust investments of the School. As fiduciary guardians, the SON Foundation Directors ensure that the endowment funds are well-managed and that there is sufficient income generated from the endowments to support the activities of the school, including support for professorships, scholarships, programs, and capital improvements. The directors, through this oversight, are ensuring the growth and stability of the SON today and well into the future.
Each Director of the Foundation is committed to supporting the goals of the SON through her or his personal philanthropy, and by identifying and introducing major donor prospects – individuals, corporations or foundations – to the Dean and the Executive Director. Directors are not expected or required to be independent fundraisers for the School of Nursing. They do serve to create, establish and promote relationships that, over time, can further the development goals of the School. Directors coordinate these activities with the Director of Advancement and the Dean of the School.
In addition, directors participate by hosting and/or underwriting events on behalf of the SON, communicating the school’s priorities and accomplishments to external audiences, and advocating for the school to increase public awareness.
They recommend new members to the Board who will also be active supporters of the SON and participate in helping the SON reach its advancement and development goals.
Directors participate regularly in the meetings of the board and serve on task forces and committees as determined by the President. They support the SON by participating in other meetings, events, lectures and graduation. Unless there are extenuating circumstances, directors who miss three or more meetings in sequence are not nominated to a second three year term.
