Foundation Trustees definition
Examples of Foundation Trustees in a sentence
To ensure effective achievement of the items of the agreement, University and Foundation representatives (including but not limited to respective staff and Foundation Trustees) shall hold periodic meetings to ▇▇▇▇▇▇ and maintain productive relationships and ensure open and continuing communications and alignment of priorities.
At least annually, the Chancellor will present to the Foundation Trustees a list of the University’s current private fundraising priorities.
Urantia Foundation Trustees and Staff shall attend the Fellowship’s International Conference, IC08, in Los Angeles (July 2nd – 7th), the Urantia Association’s UAUS National Conference in Kansas City, KS (July 24th- 27th), and the Association Urantia de Quebec Conference in Lennoxville, QB this August.
In the event the Society loses such exempt status for a period of 3 consecutive years, the Foundation Trustees shall deem the purpose under this section as ceasing to exist.
Club Board members and Foundation Trustees are encouraged to read federal Form 1023, Application for Recognition of Exemption under Section 50 1(c) (3) of the Internal Revenue Code, Exhibit B attached hereto, for guidance as to what constitutes an acceptable beneficiary of the Foundation.
If future circumstances change so that the Foundation Trustees determine the purpose for which the Fund is established has become illegal, impractical, impossible, or inconsistent with the then current programs of the Foundation, they may designate an alternative use for all or part of the Fund.
All decisions regarding expenditures from the Fund shall be made in accordance with the Foundation’s policies and procedures, including the Endowment Fund spending policy and the terms and conditions for Foundation grants, now in effect or as they may be amended from time to time by the Foundation Trustees.
At each annual meeting of the Foundation, the President will present to the Foundation Trustees a formal written list of the University’s current fundraising priorities.
The number of Foundation Trustees shall consist of a minimum of six (6) Trustees plus the president of the Club.
All grants from the ▇▇▇▇▇▇▇ Community Fund shall require the approval of the Community Foundation Trustees after receiving a written recommendation from the Advisory Committee.