Article XII
APAC semi-annual audit
The Alumni Participant Audit Committee reviews all financial transactions twice a year. Its findings are reported to the Participants at the next regular meeting.
Transparency
What we hold. Why we hold it. Who decided.
BGCIC publishes the same record to sponsors, Participants, and the chapter. The portfolio snapshot is updated quarterly; meeting minutes are posted after E-Board approval.
Portfolio snapshot
Holdings and target weights.
BGCIC holds two Fidelity index funds on a fixed 80/20 equity-to-bond target. Market values and returns are published quarterly, once the E-Board approves the snapshot.
- Participants
- 60
- Fiscal Year
- FY26
Target allocation
- Public equities FXAIX · Fidelity 500 Index Fund 80%
- Fixed income FTBFX · Fidelity Total Bond Fund 20%
Oversight
Two checks on every dollar.
The bylaws fix two independent layers of review on BGCIC's finances. Each operates on a fixed cadence and is documented in the meeting record.
Article XIV
Three-officer custody
All securities are purchased and held in the name of BGCIC. Custody is shared by the Presiding Participant, the Assistant Presiding Participant, and the Financial Participant, who administers the brokerage account. No single officer can dispose of club assets.
Minutes
Meeting minutes archive.
No approved minutes have been published yet.
Annual report
FY26 annual report, forthcoming.
The full FY26 annual report, including financial statements, portfolio commentary, and a letter from the Presiding Participant, will be published at fiscal year-end. To request the most recent statement directly, contact the E-Board.
Request financials