Policies

Some of the following Murray State University Foundation Policy Exhibits are available in Adobe PDF format.

Table of Contents

Section 1 - General

  1. 1.01 - Legal Counsel Review

  2. 1.02 - Account Establishment

  3. 1.03 - General Guidelines for Discretionary Accounts

  4. 1.04 - Funds Eligible for Investment

    1. 1.04A - Endowed Funds

  5. 1.05 - Investment Policy Statement

  6. 1.06 - Purchased, Leased or Donated Vehicles

Section 2 - Revenue

  1. 2.01 - Donations and Other Cash Receipts

  2. 2.02 - Acceptance and Acknowledgement of In-Kind Gifts

  3. 2.03 - Valuation of Gifts of Stock and Other Securities

  4. 2.04 - Acceptance and Valuation of Gifts of Real Estate

  5. 2.05 - Acceptance and Valuation of Gifts of Tangible Personal Property

  6. 2.06 - Gifts Matched by Donor's Employer

  7. 2.07 - Contributions for the Use of Individuals

  8. 2.08 - Sale of Foundation Assets that were Donated for a Particular Use by the Foundation

  9. 2.09 - Acceptance of Deferred Gifts

    1. 2.09A - Policy on Income Payout Rates for Charitable Remainder Trusts

    2. 2.09B - Policy on Income-Producing Gifts

Section 3 - Expenditures

  1. 3.01 - Expenditure of Funds

    1. 3.01A - Purchasing Card Program

  2. 3.02 - Scholarship Administration

  3. 3.03 - Purchase of Foundation Assets

Section 4 - Loans and Advances

  1. 4.01 - Travel Advances

  2. 4.02 - Collection Procedures for Employee Temporary Loans

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

  1. 5.01 - Ownership of Funds Held by Murray State University Foundation

  2. 5.02 - Determination of Ownership of Donated Assets and Transfer of Assets Donated to the Foundation for a Particular Use by the University

  3. 5.03 - Loans to Murray State University

Section 6 - Miller Memorial Golf Course

  1. 6.01 - Use of Miller Memorial Golf Course Clubhouse and Pavilion

  2. 6.02 - Receiving - Miller Golf Course

  3. 6.03 - Requests for Quotations - Miller Golf Course

Articles of Incorporation

Bylaws

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