Development of Private Fund Raising and the Pursuit of Public and Private Grants - B 704

The Board encourages the development of private fund raising and the pursuit of public and private grants to support Portland Community College's mission.

The Board recognizes the Portland Community College Foundation as the private organization that exists to further the mission of the college. The Board authorizes the President to provide appropriate resources to support the work of the Foundation, on the condition that the activities of the Foundation are conducted to the benefit of the College and its students. The Board will appoint two of its own members to serve as ex-officio members of the Foundation Board.

The Board directs the President to provide it with an annual report of Foundation activities and goals and its annual financial audit.

(June 2004)