Section 3: Comprehensive Standards
3.2.12 The institution’s chief executive officer has ultimate control of the institution’s fund-raising activities.
Judgment of Compliance:
Compliance
Narrative/Justification for Judgment of Compliance:
Christopher Newport University is in compliance with this comprehensive standard. Board of Visitors Resolution 3, dated July 28, 1993 resolved that the Rector and Board of Visitors of the University enter into an agreement with the Christopher Newport University Educational Foundation Inc., making the Foundation the principal fund-raising body of the University to which all benefactors would be encouraged to make their gifts. This resolution further stated that an agreement would be signed between the parties defining the terms and conditions.
On March 15, 1994 a Memorandum of Understanding was signed by the University and the Foundation that set forth certain terms and conditions of the relationship between the parties. The agreement states that the University’s President and Vice President for Advancement shall serve on the Executive Committee of the Foundation and that all activities shall be conducted in accordance with policies set forth by the President and Advancement Office of the University.
Support Documentation:
Christopher Newport University, Board of Visitors Resolution 3, dated July 28, 1993
Memorandum of Understanding between Christopher Newport University and Christopher Newport University Educational Foundation, Inc. dated March 15, 1994
By-laws, Board of Visitors, Christopher Newport University
By-laws, Christopher Newport University Educational Foundation, Inc.
By-laws, Christopher Newport University Real Estate Foundation, Inc.
Additional Live Web Resources:
None