POLICY TITLE: Operating Funds Investment

APPLIES TO: University officials responsible for the investment and management of KSU operating funds

ADMINISTRATIVE AUTHORITY: Office of the President Division of Finance & Administration

APPROVED BY: Kentucky State University Board of Regents

NEXT REVIEW DATE: August 8, 2028

This policy governs the investment of the operating funds of Kentucky State University (KSU). It establishes KSU's primary investment objectives, defines the authority and fiduciary responsibilities of those managing KSU funds, and outlines the approved strategies and guidelines for all investment transactions to ensure the prudent financial management of KSU assets.

Securities, evidence of deposit, or other assets pledged by a third party (e.g., a financial institution) to secure the repayment of a KSU deposit that exceeds the coverage provided by the Federal Deposit of Insurance Corporation (FDIC).