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Board of Trustees
114 Tillman Hall
Rock Hill, SC 29733, USA
803/323-2225
803/323-3001 (fax)
trustees@winthrop.edu

RESOLUTION REGARDING THE MEMORANDOM OF UNDERSTANDING BETWEEN THE WINTHROP BOARD OF TRUSTEES AND THE WINTHROP FOUNDATION BOARD


WHEREAS, the Winthrop University Board of Trustees and the Winthrop University Foundation have a shared interest in in advancing the mission of the University in support of students who are prepared for successful careers, engaged in our democratic society, responsive to local and global concerns, and grounded  in values that give meaning to their lives; and

WHEREAS, the Winthrop Foundation exists to manage private resources supporting the mission and funding priorities of the University; and

WHEREAS, the Winthrop Foundation assists the University by encouraging alumni and friends to provide private funds and other resources for the University’s benefit, to manage those assets, and to provide volunteer leadership in support of the University’s objectives; and

WHEREAS, the president of Winthrop University is responsible for communicating to the Foundation the priorities and long-term plans of the University as approved by the Board of Trustees; and 

WHEREAS, it is best practice to document the expectations of the University in regard to the Foundation and confirm the Foundation as a representative of the University in relationships with donors and friends of Winthrop;

THEREFORE, LET IT BE RESOLVED BY THE WINTHROP BOARD OF TRUSTEES that the attached Memorandum of Understanding between the Board of Trustees and the Winthrop Foundation be accepted.

Approved this 28th day of February 2014.

IN THE HEART OF THE CAROLINAS
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