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Frances E. Miller Memorial Golf Course

Policies

Some of the following MSU Foundation Policy Exhibits are available in Adobe PDF format. If you want to view these documents and do not have Adobe Acrobat Reader you can download your free copy from Adobe.

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 Policies and Procedures
1.05a		Investment Guidelines for Fixed Income Managers
1.05b		Investment Guidelines for Common Stock Managers
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 & Payroll Advances
4.02		Collection Procedures for Employee Temporary Loans
4.03		Student 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
5.04		MSU Foundation's Automobiles Purchased for Lease 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
By-Laws