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