WHEREAS, pursuant to S.C. Code Ann. §59–125–1, et. seq., the Board of Trustees of Winthrop University was created and established as a body corporate for the purpose of effectuating the educational mission of Winthrop University; and
WHEREAS, pursuant to the Winthrop University Board of Trustees Bylaws art. VIII, §2, the Finance Committee has the responsibility to consider and recommend to the Board annual long-term financial goals and strategies while overseeing strategy implementation and monitoring the financial performance and operations of the University; and
WHEREAS, Winthrop University holds a large amount of real property assets with the potential of enhancing the financial performance of the university; and
WHEREAS, the Winthrop University Real Estate Foundation (WUREF) was created as a separate 501(c)(3) to develop, own, manage, lease, and sell real estate properties; and
WHEREAS, focusing WUREF toward the monetization of the university’s existing properties will enhance Winthrop University through strategic opportunities and partnerships.
THEREFORE, BE IT RESOLVED, the Winthrop University Board of Trustees approves the Amended and Restated Bylaws of Winthrop University Real Estate Foundation, Inc.
FURTHER RESOLVED that the Acting Secretary to the Board of Trustees shall certify that the Winthrop University Board of Trustees approved this resolution on the 26th day of June, 2025, in a regularly scheduled meeting. Such resolution shall be maintained and publicly posted by the Acting Secretary of the Board at the time and in the manner required by law.
