Annual Report : Annual Report 2011-2012
TRUST BoaRd, TaUmaTa-a-IwI and ExEcUTIvE TEam Board Committees and Terms of Reference The Auckland Museum Trust Board has established a number of committees to help it carry out its statutory duties and functions. Taumata-a-Iwi Auckland Museum Trust Board Planning Audit and Risk Executive Capital Projects Development Investment Planning Committee This Committee supports and assists the Trust Board to establish the Annual Plan for the future direction of the Museum, its budgets and the setting of an annual levy paid by the contributing authority. The contents of the Annual Plan are defined by the Auckland War Memorial Museum Act 1996. The Committee is chaired by Carol Gernhoefer and membership is drawn from the Trust Board. Audit and Risk Committee This Committee reviews the disclosure and contents of the annual financial statements and statement of performance presented in the Annual Report, oversees the audit functions and monitors the Museum’s assessment of organisational, business and legal risks and the systems and internal controls instituted to eliminate or to detect irregularities and exposures. The Committee is chaired by Carol Gernhoefer and membership is drawn from the Trust Board. 24 Executive Committee This Committee assists the Board to ensure an effective and positive relationship between the Trust Board and the Director of the Museum is maintained and developed. The Committee is chaired by Dr Margaret Horsburgh and membership is drawn from the Trust Board. Capital Projects Committee This Committee oversees processes for capital projects, exhibitions and programmes developed within the Museum, and reviews the funding, budgets and resources of projects requiring capital input. The Committee is chaired by John McIntyre and membership is drawn from the Trust Board. Development Committee This Committee is established to provide advice, assistance and support for the development of greater financial self-sufficiency through significant fundraising activities. The Committee is chaired by Paul Brewer and membership is drawn from the Trust Board. Investment Committee This Committee is established to provide effective advice and support for the investment and prudent management of the Museum’s special purpose funds. The Committee is chaired by Peter Hays and membership is drawn from the Trust Board, supplemented by external members with investment experience.
Annual Report 2012-2013