Common Contracts
1 similar Fund Transfer Agreement contracts
Sauk Valley Community College March 22, 2021Fund Transfer Agreement • March 18th, 2021
The College and the Foundation entered into a Gift Transfer Agreement on October 14, 2014, whereby the College transferred approximately $1.9 million of Challenge Funds to the Foundation for the purpose of investing these funds in accordance with the Foundation’s Investment Policy. This agreement allowed the Foundation to manage and utilize the investment proceeds from said Funds while the College retained essential control over the original corpus.
