Finance, Investment and Audit Committees

Our Finance, Investment and Audit Committees play a critical role in protecting and growing our financial resources for the good of the community.  

These committees oversee our financial operations and ensure that our investment portfolio is managed prudently.
 

Finance Committee

The Finance Committee monitors the Area Foundation's monthly financial performance, oversees the annual operating budget process, reviews the Area Foundation's insurance coverage and recommends changes to financial policy in areas not specifically tasked to the Audit or Investment Committees.

Luis de la Garza, Chair
Mike Bolner
Laura Ehrenberg-Chesler
Roberto Espinoza
Theodore (Theo) Guidry II, CPA
Michelle R. Scarver, CPA/PFS
Marie Smith, Ex Oficio

Download the finance committee charter.

Investment Committee

The Investment Committee assists the Board of Directors in establishing, updating and overseeing:
  • The policies guiding the Foundation's investment portfolio
  • The level of risk in the investment portfolio
  • The performance of the Foundation's investment portfolio

David Komet, Chair
Edward Benson, Ph.D.
John Dewald
John Hayes
T. Weir Labatt III
David Ladensohn
W.W. (Bo) McAllister III
Michelle R. Scarver, CPA/PFS
G.P. Singh, Ph.D.
Marie Smith, Ex Oficio
R. Bruce Tilley, CRPC
Craig Wilson

Download the investment committee charter.

Audit Committee

The Audit Committee is responsible for overseeing the financial reporting process, the system of internal controls and the yearly audit and tax processes. Committee members have the power to conduct investigations into the Area Foundation’s internal financial systems, ensuring that we operate with the utmost transparency and fiscal integrity.

John Hayes, Chair
Janie Barrera
Harold Berg, CPA
Blake Hastings
J. Darryl Byrd
Stacey Isenberg
Edward B. Kelley, MAI
Marie Smith, Ex Oficio

Download the audit committee charter.


303 Pearl Parkway, Suite 114
San Antonio, TX 78215

The San Antonio Area Foundation helps donors achieve their charitable goals for the greater benefit of the community.

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