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