GAB Bylaws

BYLAWS OF THE
MCINTIRE GRADUATE ALUMNI BOARD
MCINTIRE SCHOOL OF COMMERCE
UNIVERSITYOFVIRGINIA

Founded in October of 2009, by the McIntire School of Commerce Masters of Science in Accounting, Commerce and YMP Alumni, the McIntire Graduate Alumni Board is organized as a non-stock, not-for-profit, voluntary organization exclusively for charitable and educational purposes without pecuniary gain or profit to any private individual.  It is intended to promote the advancement and further the objectives and programs of the McIntire School of Commerce at theUniversityofVirginia(herein the “McIntireSchool”).

  1. I.                   NATURE AND GENERAL POWERS

 a)      The Graduate Alumni Board and its activities will provide a forum to engage directly with the McIntire School and the M.S. in Accounting, Commerce and YMP Programs faculty and administrators.

b)      The Graduate Alumni Board retains an informal structure.  It is not incorporated, does not receive funds, nor incur any debts.  Its members serve in a purely advisory capacity, and they owe no duty to theMcIntireSchool or to theUniversity ofVirginia by virtue of Board membership.  Accordingly, they incur no liability to anyone for failure to act on any matter presented to the Graduate Alumni Board.  Any action taken as a result of, or in spite of, recommendations by the Graduate Alumni Board are solely the responsibility of the McIntire School, and neither the Graduate Alumni Board nor any Board member are required to answer for such actions.

II.        PURPOSE AND OBJECTIVES

a)      The Graduate Alumni Board acts as a liaison between the M.S. in Accounting, Commerce and YMP faculty, alumni and the business commuinty to promote understanding, cooperation, and mutual gain through activities that directly connect the M.S. in Accounting, Commerce and YMP Programs, its faculty, their research and classroom activities with the larger business community.

b)      The Graduate Alumni Board works to achieve the strategic objectives of the McIntire School and the M.S. in Accounting, Commerce and YMP Programs that address initiatives such as alumni engagement, continuing education, admissions, curriculum, corporate relations, networking, career management and fundraising.

III.     MEMBERSHIP AND ORGANIZATION

a)      Member Qualification.  Members should possess an excellent reputation and extensive contacts in the business community.  Graduate Alumni Board members should demonstrate a strong belief in the support of higher education and the objectives of the McIntire School and the M.S. in Accounting, Commerce and YMP Programs.  Graduate Alumni Board members should exhibit a willingness to become involved in and support the activities and initiatives of the McIntire School and the M.S. in Accounting, Commerce and YMP Programs and Alumni.

b)      Board Size and Term of Office.  The Graduate Alumni Board consists of at least twelve (12) board members.  The maximum number will be determined by the Board as it deems appropriate during its regular meetings, exclusive of ex-officio members and honorary members.  Graduate Alumni Board members serve two-year, renewable terms.  Recommendations for new Board members are made prior to the Fall Board meeting.  Terms commence immediately upon Board ratification.  Re-election is not automatic.  At the end of their term, members may be nominated for re-election to another one or two-year term.

c)      Executive Committee.  The Executive Committee manages the affairs of the Graduate Alumni Board.  It is composed of the following members:

Dean, McIntire School of Commerce

  • Chair of the Graduate Alumni Board
  • Vice Chair of the Graduate Alumni Board, Commerce
  • Vice Chair of the Graduate Alumni Board, Accounting
  • Vice Chair of the Graduate Alumni Board, YMP
  • Director of the M.S. in Accounting Program
  • Director of the M.S. in Commerce Program
  • Areas of Focus Chairs
  • Accounting and Commerce Program Manager
  • Director of Graduate Alumni Development
  • Director, Graduate Programs
  • Director of the YMP Program

d)     Member Duties and Expectations.

1)      Board Activity. Support the efforts proposed and executed by the Graduate Alumni Board

2)      Financial Support. Personally fundraise for the School each fiscal year.

Each Board member is required to make a personal donation to the McIntire Annual Fund to ensure 100% participation from the Graduate Alumni Board each fiscal year (July 1 to June 30).  If a board member does not meet the fiduciary responsibility described above, member’s term will not be renewed.

 3)      Attendance. Key to the success of the Graduate Alumni Board is the active participation of each Board member.  Members are expected to attend scheduled semi-annual meetings of the Board and to engage regularly in activities that benefit the M.S. in Accounting, Commerce and YMP Programs and Alumni.

4)      Resignation.  Any Graduate Alumni Board member may resign at any time by giving written notice to the Chair of the Graduate Alumni Board or Director of Graduate Alumni Development.  Such resignations take effect at the time specified.

e)           Appointed Officers.  The Chair and Vice Chairs of the Graduate Alumni Board are appointed by the Dean of the McIntire School of Commerce in consultation with the Ex-Officio Board members.  Each term is 2 year.  Officers can be reappointed.

1)   Graduate Alumni Board Chair Duties and Expectations.

  1. Help prepare for all Graduate Alumni Board meetings
  2. Oversee activities of the Graduate Alumni Board
  3. Serve as chief advisor to the Executive Committee for Graduate Alumni Board initiatives and concerns
  4. Ensure the Graduate Alumni Board’s activities and efforts are aligned with the McIntire School’s strategic plan and the M.S. in Accounting, Commerce and YMP Programs and alumni initiatives
  5. Help lead and facilitate the board to be as successful as possible

IV.       MEETINGS

 a)      Regular Meetings.  Two regular meetings of the Graduate Alumni Board occur each year – one in the Fall and one in the Spring.  The Chair of the Graduate Alumni Board will chair the meetings with support from the Ex-Officio Members.  In his/her absence, a Vice Chair or Director of Graduate Alumni Development will chair the meeting.

b)      Minutes.  Minutes of each Graduate Alumni Board meeting will be available within 30 days of the conclusion of each meeting.

V.        AMENDMENTS

The Executive Committee may recommend amendments of these Bylaws, but all amendments must be proposed and ratified by a majority vote at a regular meeting of the Graduate Alumni Board.

If the aforementioned terms and conditions accurately reflect our collective understanding, please sign in the space provided below.

Thank you for your support!

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