2700 Trust and Agency Fund

Policy Type: 
Finances

The Board of Trustees directs the establishment of a trust and agency fund for the financial administration of scholarship and other trusts operated for the benefit of students.

The President shall be responsible for the administration of the trust and agency fund. The fund will be audited annually and will be administered under appropriate accounting controls. The books of account will record income and expenses separately for each approved area.

Adopted Date: 
Monday, February 20, 1995
Revised Date: 
Thursday, June 25, 2015
Private: 
Public
Status: 
Board Approved