About Fund Management. The Foundation establishes and manages Funds on behalf of itself and IEEE organizational units to accept, manage, xxxxxxx, and account for donations and subsequent expenditures for purposes that further the scientific and educational purposes of IEEE. Funds shall remain active and meaningfully support the purpose for which it was created. The minimum requirement to qualify as remaining active and providing meaningful support includes meeting the minimum gift requirements in Policy 4.5.B within three years of establishment and expending program dollars annually. If these minimum requirements are not fulfilled corrective action may be taken as prescribed in the IEEE Foundation Operations Manual.
Appears in 5 contracts
Samples: Service Agreement, Service Agreement, Service Agreement
