710.031 FIU Foundation, Directed Investment Policy

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Policy

The primary purpose of the Foundation's assets is to support the university. Assets based on unrestricted and temporarily restricted gifts need to have annual or better liquidity in order to support current operations. Substantial losses on these assets reduce the Foundation's ability to support the University as our project directors and donors expect the funds to be expended for the charitable purposes that motivated the gift. In contrast, endowment assets are perpetual by nature and are expected to be invested for long term performance. There is an implicit understanding that endowed investments may occasionally suffer losses, but that over the long term, these losses shall be offset by gains.

Published on 2017-10-16

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Related Subjects

• Foundation

Departments

• FIU Foundation, Inc.