Commission on Investments
Canon VII - 7.4. Commission on Investments.
The Commission on Investments shall be composed of the Bishop, the Treasurer and the Chancellor and nine other individuals elected by the Convention upon nomination by Diocesan Council of which three shall be clergy and six shall be lay persons. The elected individuals shall be divided into three classes, each class being elected for a term of three years. At each Annual Convention, three members shall be elected. Members whose terms are expiring shall be eligible for re-election. The Commission shall have responsibility for the control and management of endowment and trust funds of the Diocese and shall administer the trust organized under Rhode Island law known as ‘The Diocesan Investment Trust'. The Commission shall provide for proper audit of all accounts of the Diocesan Investment Trust and shall report the findings to each Annual Convention.