Minutes of a Regular Meeting, June 22-23, 2004 - Digital Collections

REGENTS’ POLICY MANUALSECTION 7 – UNIVERSITY DEVELOPMENT• Correct a critical need of a college, school or department or provide importantteaching or research materials and equipment.• Address a strategic goal of the University.An Associates Council will be formed from current participants to serve as a national advisorycouncil to assist the University with its private giving and development activities through the Associatesand Annual Fund Programs.The full costs of the fund-raising activities and personnel associated directly with the President’sAssociates Program will be paid from the President’s Associates Program funds, and such costs are not toexceed 12% of the funds raised each year. Up to twelve percent of the President’s Associates Programgifts, both restricted and unrestricted, will be used to defray costs of administration of the Program. Thesefunds are subject to the normal budget approval and control processes of the University.(RM, 5-10-79, p. 15544; 1-12-84, pp. 17785-86; 10-15-91, p. 22615; 6-10-92, p. 22958; 1-25-94, p.23699; 9-13-94, pp. 24001-02; 6-16-96, p. 24922; 9-9-98, p. 26066; 12-6-01, p. 27807; 12-02-03, p.28868)THE UNIVERSITY OF OKLAHOMA 320