Policies

Some of the following MSU Foundation Policy Exhibits are available in Adobe PDF format. 

Table of Contents

Section 1 - General

1.01 - Legal Counsel Review
1.02 - Account Establishment
1.03 - General Guidelines for Discretionary Accounts 
1.04 - Funds Eligible for Investment 
1.04A - Endowed Funds 
1.05 - Investment Policy Statement 
1.06 - Purchased, Leased, or Donated Vehicles

Section 2 - Revenue

2.01 - Donations & Other Cash Receipts 
2.02 - Acceptance & Acknowledgement of In-Kind Gifts
2.03 - Valuation of Gifts of Stock & Other Securities 
2.04 - Acceptance & Valuation of Gifts of Real Estate 
2.05 - Acceptance & Valuation of Gifts of Tangible Personal Property 
2.06 - Gifts Matched by Donor's Employer
2.07 - Contributions for the Use of Individuals 
2.08 - Sale of Foundation Assets that were Donated for a Particular Use by the Foundation
2.09 - Acceptance of Deferred Gifts 
2.09A - Policy on Income Payout Rates for Charitable Remainder Trusts 
2.09B - Policy on Income-Producing Gifts

Section 3 - Expenditures

3.01 - Expenditure of Funds 
3.01A - Purchasing Card Program
3.02 - Scholarship Administration
3.03 - Purchase of Foundation Assets

Section 4 - Loans & Advances

4.01 - Travel Advances 
4.02 - Collection Procedures for Employee Temporary Loans 

Section 5 - Agreements, Notes, & Contracts Between MSU Foundation & Murray State University

5.01 - Ownership of Funds Held by Murray State University Foundation
5.02 - Determination of Ownership of Donated Assets & Transfer of Assets Donated to the Foundation for a Particular Use by the University 
5.03 - Loans to Murray State University

Section 6 - Miller Memorial Golf Course

6.01 - Use of Miller Memorial Golf Course Clubhouse & Pavilion 
6.02 - Receiving - Miller Golf Course
6.03 - Requests for Quotations - Miller Golf Course

Articles of Incorporation

Bylaws