It's just a matter of form. This all comes together in the Foundation's Sample Fund Agreement . Click and examine this sample document with many blanks for thought and ample language demonstrative of Foundation policy. The Foundation's endowment and quasi-endowment investment portfolio is overseen by its Investment Committee which works with professional managers retained to handle day to day investment. The Investment Committee meets regularly with the managers to review and evaluate their performance against the standards, policies and goals established by the Foundation.
Every memorial gift is special.
The UW-La Crosse Foundation gratefully receives and treasures these gifts. They are used carefully for the benefit of the university and its students. Annually, the available earnings from that fund will be used for general student scholarships at UW-La Crosse. Selection of scholarship recipients by the UW-L Foundation Scholarship Committee will be based on the current needs of students and the general policies of the university and the Foundation at that time. Although earnings from the fund are used for general scholarships, each contribution represents principal which remains recorded and identified with its specific name.