Common use of Fund Raising Clause in Contracts

Fund Raising. At least annually the President of the University shall communicate to the Foundation the University’s current private fund-raising priorities. The University shall rely upon the Foundation, or its designee, to assess the priorities and the private funding feasibility of each. The President of the University and the University’s leadership (including, but not limited to its executive administrators and academic officers) shall work in conjunction with the leadership of the Foundation Board and the President and Chief Executive Officer to identify, cultivate, and solicit prospects for private gifts. The University shall direct to the Foundation any bequests or other gifts made directly to the University. When requesting distribution of funds, the University shall abide by any terms, conditions, or limitations imposed by the donor or any legal determination on the gift, and shall provide appropriate documentation with requests. The University bears primary responsibility for review and endorsement of distribution requests.

Appears in 1 contract

Samples: Operating Agreement

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Fund Raising. At least annually the President of the University shall communicate present to the Foundation a written list of the University’s current private fund-raising priorities. The University shall rely upon the Foundation, or its designee, to assess the priorities and the private funding feasibility of each. The President of the University and the University’s leadership (including, but not limited to its executive administrators and academic officers) shall work in conjunction with the leadership of the Foundation Board and the President and Chief Executive Officer CEO to identify, cultivate, and solicit prospects for private gifts. The University shall direct to the Foundation any bequests or other gifts made directly to the University. When requesting distribution of funds, the University shall abide by any terms, conditions, or limitations imposed by the donor or any legal determination on the gift, and shall provide appropriate documentation with requests. The University bears primary responsibility for review and endorsement of distribution requests.

Appears in 1 contract

Samples: Operating Agreement

Fund Raising. At least annually the President of the University shall communicate present to the Foundation a written list of the University’s current private fund-raising priorities. The University shall rely upon the Foundation, or its designee, to assess the priorities and the private funding feasibility of each. The President of the University and the University’s leadership (including, but not limited to its executive administrators and academic officers) shall work in conjunction with the leadership of the Foundation Board and the President and Chief Executive Officer to identify, cultivate, and solicit prospects for private gifts. The University shall direct to the Foundation any bequests or other gifts made directly to the University. When requesting distribution of funds, the University shall abide by any terms, conditions, or limitations imposed by the donor or any legal determination on the gift, and shall provide appropriate documentation with requests. The University bears primary responsibility for review and endorsement of distribution requests.

Appears in 1 contract

Samples: Operating Agreement

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Fund Raising. At least annually the President of the University shall communicate to the Foundation the University’s current private fund-raising priorities. The University shall rely upon the Foundation, or its designee, to assess the priorities and the private funding feasibility of each. The President of the University and the University’s leadership (including, but not limited to its executive administrators and academic officers) shall work in conjunction with the leadership of the Foundation Board and the President and Chief Executive Officer CEO to identify, cultivate, and solicit prospects for private gifts. The University shall direct to the Foundation any bequests or other gifts made directly to the University. When requesting distribution of funds, the University shall abide by any terms, conditions, or limitations imposed by the donor or any legal determination on the gift, and shall provide appropriate documentation with requests. The University bears primary responsibility for review and endorsement of distribution requests.

Appears in 1 contract

Samples: Operating Agreement

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