John E. Vitali to serve as ALA Endowment Trustee

Contact: Keith D. Brown
For Immediate Release
May 1, 2007

John E. Vitali to serve as ALA Endowment Trustee

CHICAGO – John E. Vitali, Brooklyn Public Library – Deputy Director for Business Administration/Chief Financial Officer, has been elected to serve as the American Library Association’s (ALA) newest Endowment Trustee. The ALA Executive Board made this selection during its 2007 Spring Meeting held in Chicago April 13 – 15, 2007.

Vitali’s three-year term officially begins at the conclusion of the 2007 ALA Annual Conference in Washington, DC June 27, 2007. This term will end at the conclusion of the 2010 ALA Annual Conference in Washington, DC. In keeping with a previously established practice for newly elected Trustees he will begin in an unofficial, non-voting capacity immediately.

Vitali has been actively involved with not-for-profit business administration for close to 32 years. Before his current position as the Deputy Director for Business Administration/ Chief Financial Officer of the Brooklyn Public library, he served as the director of Finance. He holds a Masters in Education from Rutgers University and a Bachelors of Arts in History.

The ALA Endowment Trustees have the authority to hold, invest, reinvest and disburse endowment funds available for investment as directed by the ALA Executive Board. Candidates must be ALA members who have a working knowledge of investment opportunities available to endowment funds and of benchmarks used to judge fund performance. Trustees must also have experience in the management or oversight of investment funds in a business setting. There are three appointed Trustees with one elected annually for a staggered three-year term, in addition to the ALA Treasurer in an ex-officio capacity.