Uniform Management of Institutional Funds Act: The Implications for Private College Board of Regents.

Daugherty, Mary Schmid

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ERIC Number: EJ402418

Record Type: Journal

Publication Date: 1990

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Uniform Management of Institutional Funds Act: The Implications for Private College Board of Regents.

Daugherty, Mary Schmid

West's Education Law Reporter, v57 n2 p319-31 Feb 1 1990

Regents are not provided with clear guidelines on the management of endowment funds. Trustees are advised to prepare an investment plan that includes: (1) specific long-term goals; (2) plans for performance measurement; (3) current income needs; (4) acceptable investment instruments; and (5) specific time tables for review. (MLF)

Descriptors: Court Litigation, Endowment Funds, Government School Relationship, Higher Education, Legal Responsibility, Money Management, Private Colleges, School Law, Standards, State Legislation, Trustees

Publication Type: Journal Articles; Legal/Legislative/Regulatory Materials; Opinion Papers

Education Level: N/A

Audience: N/A

Language: English

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