Responsibilities of the Board
The Board of Directors meets quarterly to monitor the endowment's overall performance and strategy, the integrity of HMC’s controls, and the effectiveness of its legal compliance programs. One of the most important responsibilities of the HMC Board is the approval of the Policy Portfolio (target asset allocation) against which the actual portfolio's performance is measured. The Board oversees management and reviews and assesses risks facing HMC and management’s approach to addressing such risk.
