
POLICY ON THE USE OF ENDOWMENT FUNDS FOR ENRICHMENT
Approved September 23, 1960
The Regents, in their fiduciary capacity as trustees
of Endowment Funds, reiterate their long-standing policy
that endowment funds and income therefrom should be
used for the enrichment of University programs and not
for programs for which state funds are deemed requisite
for the necessary educational activities of the University.