KENTUCKY STATE UNIVERSITY POLICIES AND PROCEDURES
POLICY TITLE: Deposits to The Kentucky State University Foundation, Inc.
VOLUME, SECTION & NUMBER: 4.1.12
ENTITIES AFFECTED: All Departments and Divisions The KSU Foundation, Inc.
ADMINISTRATIVE AUTHORITY: Office of Institutional Advancement
APPROVED BY: The Kentucky State University Board of Regents
EFFECTIVE DATE:
November 28, 2023
POLICY STATEMENT:
This policy outlines the procedures for making deposits to The Kentucky State University Foundation, Inc. (hereinafter referred to as "Foundation") by employees of Kentucky State University (hereinafter referred to as "University"). It aims to ensure transparency, accountability, and proper financial management of all deposited transactions.
DEFINITIONS:
Foundation
The Kentucky State University Foundation, Inc.
University
Kentucky State University
President
The employee named and appointed by the Board of Regents of Kentucky State University as having the powers and duties of the President, whether that be on a permanent, interim, or acting basis.