Repository: UIHistories Project: Board of Trustees Minutes - 1988 [PAGE 233]

EXTRACTED TEXT FROM PAGE:

1987]

UNIVERSITY OF ILLINOIS

223

the campus Senate. The Executive Committee campus bodies in preparing its advice.

may seek the counsel of other

ARTICLE XI. S T U D E N T AFFAIRS AND DISCIPLINE Section 1. S T U D E N T AFFAIRS a. The Senates shall be responsible for the development of appropriate recommendations regarding policies on student affairs at their respective campuses. Each Senate shall [insure] ensure the opportunity for substantial student involvement in the development of these recommendations. b. Upon recommendation of the Chancellor [at each campus] and the President, the Board of Trustees may appoint annually a vice-chancellor or other officer who shall have general supervision over extracurricular activities of students at that campus. The responsibility and authority of this officer shall be determined by the [appropriate] campus Chancellor. On the occasion of [the] each appointment of [this] any such officer, the Chancellor shall [have the advice of the Senate] seek the advice of the Executive Committee of the campus Senate. [On the occasion of a reappointment, the Senate may submit its advice if it so elects.] The [Senate] Executive Committee shall [insure] ensure the opportunity for substantial student involvement in the development of [this] its advice. O n m o t i o n of M r s . Gravenhorst, these a m e n d m e n t s w e r e a d o p t e d by t h e following v o t e : Aye, M r s . Calder, M r s . Gravenhorst, M r . H a h n , M r . H o w a r d , M r . L o g a n , Mrs. Shepherd, M i s s Smith, M r . Wolff; n o , M r . Forsyth; absent, Governor T h o m p s o n . ( T h e student advisory v o t e w a s : Aye, M r . Filip, M r . Starkeson; n o , none.)

Amendment of Agreement with University of Illinois Foundation

(15) On September 11, 1986, the Board of Trustees approved the renewal of an agreement with the University of Illinois Foundation for Fiscal Year 1987. Under its terms, the Foundation provides fund-raising services and other assistance to attract and administer private gift funds to support University programs. The University provides partial support of the annual operating costs of these services by payment to the Foundation of $1,000,000 as reimbursement for actual costs incurred and by the allocation of $975,000 to the University Office of Development. For FY 1987, the amounts specified under the agreement will not be sufficient to meet the costs of the services required. Beginning in FY 1987, the University Office of Development and the Foundation began assessing a management fee of 1 percent annually against all gift fund balances on hand. Funds generated from the assessment are available to support gift management and investment activities of the Foundation and the Office of Development. Accordingly, it is recommended that the payment to the Foundation for FY 1987 be increased by $400,000, to a total of $1,400,000, and that funds in the University Office of Development be increased by $100,000, to a total of $1,075,000. Funds to provide the increment amounts are available from the gift management fee. The vice president for business and finance has recommended approval of the amendment described. I concur.

On motion of Mrs. Gravenhorst, this recommendation was approved by the following vote: Aye, Mrs. Calder, Mr. Forsyth, Mrs. Gravenhorst, Mr. Hahn, Mr. Howard, Mr. Logan, Mrs. Shepherd, Miss Smith, Mr. Wolff; no, none; absent, Governor Thompson.