The CSAC Finance Corporation has an opening on our Board of Directors for a Public Member. The CSAC Finance Corporation Board of Directors is appointed by the CSAC Executive Committee and is comprised of 11 prescribed seats; two of those reserved for public members. The only criteria to qualify for a public member seat is to be a California resident.
The CSAC Finance Corporation is a small-staff organization that strives to provide services to California counties while generating revenue to be granted to CSAC. In FY 16-17, the CSAC Finance Corporation was able to contribute $4 million in grants to CSAC. Lines of business include administration and oversight of the California Statewide Communities Development Authority conduit bond issuer program, oversight and marketing of the U.S. Communities pooled purchasing program, administration of the CalTRUST investment pool, and intellectual property/marketing agreements with Nationwide for deferred compensation services, Medcor for onsite employee medical clinics, and Coast2Coast for prescription drug discount cards. New programs are also in development.
The CSAC Finance Corporation has always been entrepreneurial in spirit and practice. Ideal board members are engaged, well connected among their peers, willing to help drive and promote our programs, and help propel the organization to the next level. The CSAC Finance Corporation Board meets in person twice a year (September and April) and has monthly board calls. The next meeting of the CSAC Finance Corporation is September 13-15 in Santa Barbara, our goal will be for our new Board member to be present at this meeting.
If you would like to be considered for a seat on the CSAC Finance Corporation Board of Directors, please submit a letter of interest and bio or resume via email to Laura Labanieh, Director of Operations by Friday, June 30th. The CSAC Finance Corporation Board will review the letter of interest and then forward nominations to the CSAC Executive Committee. The goal will be for the appointment to be finalized by the end of August.