University Educational Trust (UET)
The University Educational Trust (UET) is a 501 (c)(3) tax-exempt organization serving as a source of external fund-raising, funds-management and revenue-distribution at Cal Poly. With diminishing state support in recent years, the university has become not fully state-supported, but rather, state-assisted. UET oversees Cal Poly's endowment and generates resources with help of public and private partners to complement state-support and is recognized by the CSU Board of Trustees as a Title V auxiliary organization. It has a total capacity for up to 35 members and currently includes 4 officers, 18 community representatives, and 5 university representatives. The board of directors is composed of the university president who acts as an ex-officio voting director and who appoints one ex-officio executive director, one faculty member, one student member, and either the vice president for administrative affairs or the chief financial officer. All of the appointed voting directors serve one-, two-, or three-year terms and one-year terms thereafter, as determined by the university president. Other voting directors are elected by majority votes of present voting directors and serve three-year terms and may be re-elected for as many additional three-year terms as possible.
Other articles related to "university, trust, uet":
... The UniversityEducational Trust(UET is a 501 (c)(3) tax-exempt organization serving as a source of external fund-raising, funds-management and revenue-distribution at Cal Poly Pomona ... With diminishing state support in recent years, the universityhas become not fully state-supported, but rather, state-assisted ... UEToversees Cal Poly Pomona's endowment and generates resources with help of public and private partners to complement state-support and is recognized by ...
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