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 that the attached Memorandum of Understanding between
the Board of Trustees and the Winthrop Foundation be accepted.
February 28, 2014
