8.3 College- or University- Related Foundations - History

Board Policies
Chapter 8 - College & University Relations

Date of Implementation: 3/21/95
Date of Adoption: 3/21/95

Date & Subject of Revisions:

11/16/11 - Effective 1/1/12, the Board of Trustees amends all board policies to change the term "Office of the Chancellor" to "system office," and to make necessary related grammatical changes.

11/18/09 - policy was rewritten, new part 1, Purpose was added, part 2, Definitions were expanded, language in parts 3, 4, and 5 were added or amended from former part 2. These amendments apply to any new contract with a related foundation. An existing contract with a related foundation shall be amended in accordance with these amendments at the time of any amendment to the contract or July 1, 2010, whichever is earlier.

12/17/03 - Changed Name to include "system-related." Also amends Part 2, Subpart B, to temporarily waive the requirement to contribute an amount equal to the administrative support, for new foundations or those undergoing changes to the foundation's mission, purpose or structure.

1/19/00 - Revised Part 1 and Part 2, Subpart A.

2/17/99 - Revised Subparts C and D, and added Subpart E.

2/21/96 - Subpart D was added and technical amendments were made.