Foundation Board
Statement of Investment Policy
Approved April, 2023
Bylaws
Certificate of Effective Date
These Amended and Restated Bylaws shall be effective on the 15th day of June 2021. Approved and adopted by the Governing Board of Directors of the Eastern Washington University Foundation on June 15, 2021.
Adopted
- May 17, 1994
Amended and Restated
- February 12, 1999
- February 18, 2000
- January 20, 2009
- June 30, 2009
- June 22, 2010
- June 14, 2016
- December 5, 2017
- June 12, 2018
- September 25, 2018
- June 9, 2020
- June 15, 2021
Committee Charters
Adopted April 12, 2016
The purpose of the Executive Committee of the Board of Directors of Eastern Washington University Foundation shall exercise all the powers of the full Board of Directors, subject to the direction and control of the full Board of Directors.
Approved June 9, 2020
The purpose of the Finance and Audit Committee is to assist the EWU Foundation Board of Directors in fulfilling its fiscal oversight responsibilities.
Approved June 16, 2015
The purpose of the Governance and Nominating Committee of the Board of Directors of Eastern Washington University Foundation is to provide the Board with the director resources that permit the Board to exercise its responsibilities for foundation governance at the highest level of excellence.
Rev. May 24, 2011
The Investment Committee has overall responsibility for the operation and administration of the Portfolio.
Rev. Nov. 19, 2020
The Eagle Grants Committee Charter Committee has overall responsibility for the management and disbursement of grant funds allocated to support the efforts of faculty and staff and provide opportunities for development and research.
Endowment Distributions & Fees Policy
The Foundation strives to utilize a prudent fee structure to fund the cost of operations and provide support to Eastern Washington University. Similar to peer practice, Advancement Fees are used to fund the tasks associated with pursuing, managing and investing the various types of funds held by the Foundation. These fees provide essential support necessary to EWU Foundation’s overall operation. The fee structure and rates are reviewed annually by the EWU Investment Committee, EWU Foundation Finance & Audit Committee, EWU Foundation Executive Committee, and approved by the EWU Foundation Board.
Last reviewed and approved by the EWU Foundation Board of Directors on June 11, 2024.
Non-Endowment Funds
The conditions of this Investment Policy Statement shall apply to all Non-Endowment Funds accepted by the Foundation. The Foundation’s Non-Endowment Funds have been designed to provide liquid investments for future expenses that meet a variety of time horizons from the inception of each grant.
Other Policies & Guidelines
This policy aims to provide an avenue for all members of the Foundation community to raise concerns and reassurance that they will be protected from reprisal for whistleblowing.
The purpose of this annual policy is to protect the Foundation’s interest when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or director of the Foundation.
This policy is used to guide the Foundation’s efforts to adequately protect and preserve critical documents as required by law and business needs and properly dispose of records as appropriate.
Policy stating that all personal information concerning alumni, friends, corporations, foundations, donors, former donors, staff, volunteers, financial data, and business records of the Eastern Washington University Foundation is confidential.
Eastern Washington University Foundation Gift Acceptance Policies and Guidelines
To ensure the highest possible gift and campaign integrity, all charitable contributions to the EWU Foundation will be counted and recorded into the University Advancement database of record, following industry best practice based on the guidelines and principles articulated in the National Association of Charitable Gift Planners’ ‘Guidelines for Reporting and Counting Charitable Gifts,’ published 2021.
Eastern Washington University Foundation Disbursement Process and Guidelines
Third Party Events are defined as fund-raising activities developed, implemented, and managed by individuals or groups other than the Eastern Washington University Foundation (EWUF) staff and volunteers with the net proceeds being donated to EWUF.
