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10 views3 pages

Impact_Investing_Group

Uploaded by

leokevin188
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Impact Investing Group Constitution

Preamble:
We, members of the Impact Investing Group, in order to develop a greater understanding of
Impact Investing, do hereby establish this constitution.

Article I: Name
The name of the organization will be Impact Investing Group, refered to as IIG

Article II: Affiliation with other groups


The Impact Investing Group is not affiliated with any other groups.

Article III: Purpose, vision, mission, aims, functions of the organization.


Section 1. Purpose:
The main purpose of IIG is to motivate, excite, and educate undergraduate students about
Impact Investing. We want to show students that making a positive impact can be
synonymous with a career and making a difference is not something that has to wait until
graduation. We want to show how investments can not only have a financial return, but
also have a tangible, measurable benefit to society, specifically within affordable housing,
water, energy, education, and health.

Section 2. Mission:
The main mission IIG is to motivate, excite, and educate undergraduate students about
Impact Investing. We want to show students that making a positive impact can be
synonymous with a career and making a difference is not something that has to wait
until graduation. We want to show how investments can not only have a financial
return, but also have a tangible, measurable benefit to society, specifically within
affordable housing, water, energy, education, and health.

Section 3. Impact Investing Group understands and is committed to fulfilling its


responsibilities of abiding by the University of Michigan policies and procedures.

Article IV: Membership


Section 1. Active membership shall include:
Active membership to the Impact Investing Group (IIG) shall be limited to persons
officially connected with the University of Michigan as registered students. In addition,
the following requirements are necessary to constitute active members: a) Attendance of
at least 80% of all meetings during a given semester. b) Active participation in all
activities, events, and meetings put on by IIG. c) Upon joining the organization, all
members agree not to undermine the purpose or mission of IIG.
Impact Investing Group is committed to a policy of equal
opportunity for all persons and does not discriminate on the basis of race, color, national
origin, age, marital status, sex, sexual orientation, gender identity, gender expression,
disability, religion, height, weight, or veteran status in its membership or activities
unless permitted by university policy for gender specific organizations.

Section 2: To join the organization, interested individuals first have to apply to the
google form application that will be advertised. The executive committee will then
determine who gets in from the students who apply. The executive committee may also
conduct in person interviews to help them with their decision. The executive committee
reserves the right to accept or reject membership (keeping in mind the policy of equal
opportunity for all persons outlined in Article IV, Section 1). After a member is accepted
into the organization, the member will be added to the appropriate listserv and group
chats. To be considered active, the individual must meet the requirements outlined in
Article IV, Section 1.

Upon joining the organization, all members agree not to undermine the purpose or
mission of Impact Investing Group

Section 3: A member may voluntarily withdraw from the organization by notifying the
executive board of their desire to discontinue membership. Financial obligations previously
paid to the Impact Investing Group will not be refunded.

Article V: Officers
The Impact Investing Group will be governed by an executive committee consisting of three
officers.
a) An elected President will preside at all meetings. The President will maintain the power to
appoint all committee chairpersons, shall present all motions to the body, and shall be present
at 90% of the IIG events and meetings.
b) IGG shall also elect a Vice President. The Vice President’s duties shall be to preside at all
meetings and functions that the President cannot attend.
c) IIG shall also elect a Secretary-Treasurer who will handle all dues, accounts, new members,
rule observances at state meetings, protocol, compliance with university policies, etc.

Article VI: Advisor


The Impact Investing Group will not have a formal academic advisor.

Article VII: Operations

Section 1. Those members currently on the executive board will be granted voting privileges.

Section 2: The process of the selection of the executive committee is as follows:


a) All officers shall be elected by a majority vote of the eligible voting members (the
executive committee). All elections will be held on an annual basis during the month of
March. Incoming officers will assume their positions the following academic semester after
elections. b) All members of the Impact Investing Group are eligible to run for any of the
officer positions. The outgoing President will take all nominations to the executive committee.
c) All voting shall be done by secret ballot and be collected and tabulated by the outgoing
Secretary-Treasurer and the outgoing president. If the outgoing Secretary-Treasurer is a
nominee for another position, he/she should recuse themselves of tallying ballots and appoint
another officer to take his/her place.

Section 3: All meetings will occur on a weekly basis at a time selected by the executive
committee and will follow the procedure set forth below.
i) Attendance
ii) Report by the President
iii) Club activity iv)Any other business v) Dismissal by the President
Article VIII: Finances
IIG will finance the activities it engages in by the following means:
a) Applying to funding grants from Central Student Government and other academic
departments b) Routinely collecting the spare change found on the ground by members

Article IX: Quorum


All eligible voters (executive committee) must be present to constitute quorum for elections
and official business that requires a vote.

Article X: Removal of Members and Officers

Section 1: Removal of Officers


Any officer of IIG in violation of IIG’s purpose, constitution, or who fails to fulfill their
responsibilities as outlined in Article V, may be removed from office by the following
process:
a) A written request by at least four members of the organization.
b) Written notification to the officer of the request, asking the officer to be present at the next
meeting and prepared to speak.
c) A two-thirds (2/3) majority vote of eligible voting members is necessary to remove the
officer.

Section 2: Removal of Membership


Any member of IIG in violation of IIG’s purpose, constitution, or who fails to meet the
membership requirements as outlined in Article IV, may have their privileges as a member
revoked through the following process: a) A written request by at least four members of the
organization must be sent to the executive committee.
b) Written notification to the member in question, asking the member to be present the next
executive committee meeting and prepared to speak.
c) A two-thirds (2/3) decision by the executive committee members to remove the member
from the organization.

Article XI: Ratification


This constitution must be ratified by all executive committee members to take effect and shall
be reviewed every year. The constitution must also be shared with every active member.

Article XII: Statement of Compliance

Impact Investing Group has read and agrees to fully comply with the University's policies.
We understand that the organization's registration is contingent on acceptance of these
policies.

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