Finance and Trust Committee
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Permission to this material is restricted and requires the permission of the Office of the President of Swarthmore College. Contact the repository for details.
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Biographical / Historical
The Finance Committee was established in 1867 with the responsibility of reporting on, in conjunction with the Treasurer and Receiver, plans for the payment of salaries and all other expenses of the school. It was to approve all bills for current expenses and draw orders on the Treasurer for payment of the same. The Finance Committee was to consult with the Treasurer and with the Committee on Trusts. On July 9, 1869 it was renamed The Committee of Finance and Economy, with responsibility for the financial management of the College. The Auditors' Committee, which had been formed in 1867 to audit the accounts of the Treasurer, was merged into the Finance Committee in 1912.
In 1966, the Finance and Trust Committees merged.
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