Purpose of the Board
The purpose of the Board of Governors is three-fold.
To review the investment strategy of the endowment funds (which are co-mingled with the University’s general endowment) to assure they are handled in a responsible way
To approve an annual budget for use of the funds as proposed by the Rackham Dean
Represent Horace and Mary Rackham
To represent Horace and Mary Rackham by enforcing the terms of the bequest and applying them when questions arise, for example, for special use of funds, issues related to the Rackham Building, terms of Board members, etcetera.
Mark S. Schlissel
President, University of Michigan; Chair, Board of Governors
Michael J. Solomon
Dean, Rackham Graduate School; Vice Provost for Academic Affairs – Graduate Studies, University of Michigan
IT Director (retired), Fidelity Investments
Lisa A. Tedesco
Dean, Laney Graduate School; Vice Provost for Academic Affairs – Graduate Studies, Emory University