Of the Brock Circle’s corpus, 60% is being held in an investment account, separate from other LDEI funds, to build a substantial financial foundation on which LDEI will be able to rely in the future for strategic needs and conference enhancement. It is envisioned that this goal will be achieved when the investment account (donations plus interest and growth) reaches the $600,000 level.
Up to 40% of the previous year’s donations (anticipated to reach $400,000 in donations over time) may be used to address current strategic needs such as noted above.
Brock Circle funds may be spent only upon a super-majority vote of the Board of Directors. The Brock Circle Oversight Committee has been established comprising Treasurer (Chair), Immediate Past President, President, 1st VP/President Elect, Member at Large (not a Board Member.)