The Finance Office acts as liaison between the College and banking companies, auditors, and financial brokers as it undertakes such responsibilities as financing, accounting and gift processing. The Vice President & Treasurer oversees the research, planning, and implementation of the operating and capital budget. The Vice President & Treasurer negotiates long and short-term borrowing; and in conjunction with the Controller, coordinates the publication and distribution of the College’s annual financial statements, IRS forms and other legal documents.
The Investment Office is responsible for managing the College’s financial assets in accord with policies established by the Finance and Investment Committees of the Board of Regents. These assets include working capital assets, charitable trusts, and the St. Olaf College Endowment. The Endowment supports many aspects of the life of the College, including financial aid for students, professorships and academic and co-curricular programs.
The Finance Office and Investment Office are located in Tomson Hall Rm 130
Alan Norton, Vice President & Treasurer, 507-786-3018
Mark Gelle, Assistant VP & Chief Investment Officer, 507-786-3295
Ellen Bang, Senior Accountant, 507-786-3022
Anita Aase, Administrative Assistant, 507-786-3016