Month: March 2017

Statement of Investment Policy and Objectives for Assets Invested in the Long-Term Investment Portfolio

I. Purpose of Policy This Investment Policy Statement (“IPS”) is authorized by the Board of Directors of The University of Connecticut Foundation, Inc. (“Foundation”) to provide a framework for the management of assets invested in the long-term investment portfolio (“Portfolio”). The role of this Investment Policy Statement is to establish objectives, policies and guidelines for […]

Policy on Underwater Endowments

The University of Connecticut Foundation, Inc. strives to balance the donor’s desire to fund current program, faculty, and scholarship needs with the commitment to preserve, over time, the Historic Dollar Value (HDV) of endowments. Historic Dollar Value is defined as the aggregate value of all contributions to an endowment fund at the time they were […]

Non-Endowed Assets Investment Policy

Introduction This document establishes the investment policies, objectives and operating practices for the Non-Endowed Assets (the “Fund”) of the University of Connecticut Foundation, Inc. The Fund has been established to provide investment returns above those available from treasury bills and short-maturity bonds. Non-Endowed Assets include: Private donations which are donor designated as fully spendable; Spending […]

Policy on Expenditures from Endowed Funds

I. Purpose of Policy This is the Policy on Expenditures from Endowed Funds (“Policy”) of The University of Connecticut Foundation, Inc. (“Foundation”). The purpose of this Policy is to establish the procedure by which the Foundation will decide to annually allocate for expenditure amounts from Endowed Funds (as defined herein) for the purposes for which […]