| Policy number |
2.08.2012.B
|
|---|---|
| Policy category | Financial |
| Responsible department |
Vice-President, Finance and Administration
|
| Approval authority | Board of Governors |
| Original approval date | |
| Next review date |
Policy Summary
This policy establishes guidelines for the management, investment and distribution of Nipissing University’s trust and endowment funds. It ensures that donor-restricted and University-designated funds are managed responsibly, invested prudently and used in accordance with their intended purposes while supporting the University’s long-term financial sustainability.
In this policy, you will find:
- Purpose
- Scope
- General Principle
- Definition of Trust and Endowment Funds
- Donor Endowed Fund
- Trust Funds