The Board of the Foundation is Recruiting Additional Members
The Rosenthal Foundation’s business is guided by a Board of community volunteers who are responsible for establishing policies and other documents that define the way that business is conducted. The most visible part of their work is the grant-making activity. Board Chairman, Richard McCauley, indicates that because the Foundation was established by the community with a dual purpose of serving the needs of the arts and of the community, we seek members who are active in the community and who love and attend performances of those organizations to which the Foundation most often makes grants. The Foundation welcomes expressions of interest in serving on the Board, and/or nominations of others whom you believe would be valuable members of the Board. This information should be sent directly to the Chairman.
Responsibilities of Administration
The charge given to this community memorial foundation is quite formidable. Administration of the Miriam Rosenthal Foundation for the Arts primarily is the responsibility of the Foundation Board. Specific duties of the Board are established in the originating Trust Fund document that created the Trust (and as revised in 2005 and in 2013).
Working closely with the Foundation Board is the Trustee, required by the Foundation Document. The Trustee is responsible for all filings required by Federal and State governments. Also, the Trustee completes and files the Foundation’s tax return. Additionally, the Trustee makes all fund disbursements and provides complete accounting information to the Foundation Board. The current Trustee is CIBC, Chicago, Illinois.