The fee will be used for fund accounting and management costs and campaign materials. Interest accrued on accounts should surpass the fee for stewardship. This fee is common to most college and university foundations. A. Resources gained from the campaign will be utilized for the intended purposes specified by those donating the funds. Funds designated to the major campaign projects will be allocated to those projects Funds designated to new or existing accounts may be spent for whatever those responsible for the accounts decide.
Funds are available as soon as they come in.
Departments or division funds that remain in Foundation accounts will accrue interest and growth over time. The Executive Director, foundation secretary, and two student assistants or part-time support staff. In are the Scholarship Funds that had been a District trust fund account transferred over to the Foundation. Other trust fund accounts that would be transferred from the District to the Foundation would similarly appear in this column. The site is scheduled to be updated soon to reflect more information about the 50th Anniversary Campaign.