The Drexel Institute's first finance committee was established in 1891 as a standing committee of the Board of Managers, which merged with the Board of Trustees in 1894. It appears to have been dissolved or become less active in the early 1920s. In 1924, when the institute initiated its first endowment campaign, a group called the "endowment fund trustees" was established to oversee the money raised during the campaign. The endowment fund trustees stopped meeting in 1943, and a new finance committee became responsible for overseeing the endowment interest and principal. The finance committee was renamed the investment committee in 1987.
From the description of Investment Committee records, 1924-1996. (Drexel University Libraries). WorldCat record id: 63205446