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            "text": "POLICY TITLE:\nEndowment Investment & Spending Policy",
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            "text": "ENTITIES AFFECTED:\nAll Departments and Divisions"
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            "text": "ADMINISTRATIVE AUTHORITY:\nInstitutional Advancement & External Relations"
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            "text": "The Kentucky State University Board of Regents"
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            "text": "June 24, 2024"
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            "text": "December 18, 2023, Version of Policy"
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            "text": "This policy aims to outline a philosophy that will guide the management of investment assets toward the desired results. It is intended to be sufficiently specific as to be meaningful, yet flexible enough to be practical."
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            "text": "This Endowment Investment & Spending Policy is set forth in order to:"
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                    "text": "Define and assign responsibilities;"
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                    "text": "Establish a clear understanding of the investment goals and objectives of the Endowment assets;"
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                    "text": "Offer guidance and limitations regarding the investment and spending of Endowment assets;",
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