The committee shall have the power to invest and reinvest any endowment or other funds of the College, and to make such changes in investments from time to time as it may deem advisable, and to authorize and approve all purchases and sales of bonds, stocks and other investments, in accordance with the authority and limitations given and imposed by resolutions of the Board. The Investment Committee shall report to the Board annually in writing its investment transactions and the amount and character of the investments in its control.
