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Board of Regents Policy 8.210 Board of Regents Policy 8.210



Title

Fund Raising

Header

Regents Policy Chapter 8, Business and Finance
Regents Policy RP 8.210, Fund Raising
Effective Date:  Oct. 18, 2002
Prior Dates Amended:  Apr. 18, 1956; June 20, 1997; Oct. 31, 2014 (recodified)
Review Date:  August 2018

I. Purpose

To set forth policy regarding fund raising.

II. Definitions

No policy specific or unique definitions apply.

III. Board of Regents Policy

A. Fund raising campaigns conducted for the benefit of, and in the name of, the university, or any of its affiliate units, for whatever purpose, must be given prior approval in writing by the president. When board policy appears to be involved, or should the campaign require university funds or have a goal in excess of $50 million, the matter will be taken to the board for approval.

B. The president may process applications from faculty members to local foundations for funds for various purposes if, in the opinion of the administration, the applications are worthy of support from foundations, with the understanding that these applications are not to take the place of the ones submitted by the administration.

C. The University of Hawai‘i Foundation (“Foundation”) is a not-for-profit corporation established to raise funds for the university. The president is authorized to serve on the Board of Trustees of the foundation if requested to do so by the foundation.

D. The board wishes to acknowledge the service of volunteer groups and nonprofit organizations and to encourage their support on behalf of the university. These entities provide valuable assistance in fundraising, public outreach, and other support for the university’s mission. The most common forms of such organizations are support groups and alumni chapters.

At the same time, as a public trust and the beneficiary of the funds raised, the university is obligated to require that the funds raised by such entities be adequately controlled and properly expended. The president shall promulgate such necessary policies and procedures that provide for the official recognition of groups and includes provisions that promote the fulfillment of the envisioned support of the university by the group and compliance with usual and common business and regulatory practices.

IV. Delegation of Authority

The president may process applications from faculty members to local foundations for funds for various purposes. See RP 8.210(B).

The president shall promulgate such necessary policies and procedures that provide for the official recognition of certain groups. See RP 8.201.

V. Contact Information

Office of the Board of Regents, 956-8213, bor@hawaii.edu

VI. References


VII. Exhibits and Appendices

No Exhibits and Appendices found

Approved

    approved as to Form:    
    Cynthia Quinn    
    October 31, 2014    
    Date    
    Executive Administrator and Secretary of the Board of Regents

Topics

No Topics found.


Attachments

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