Gift Management Policies

The WSU Foundation is accountable to Washington State University, to private donors, and to the public, and is committed to managing and investing private gifts to the University with professionalism and integrity. To accomplish this, the WSU Foundation:

• Accurately records receipts for tax purposes and acknowledges each gift;
• Distributes all gifts directly to the University programs and colleges as designated by donors;
• Invests endowed gifts to provide a perpetual source of income for the program or college of the donor’s choosing.

Endowed gifts provide a dependable, perpetual source of income. The WSU Foundation Endowment Fund is managed by the Investment Committee, a sub-committee of the WSU Foundation Board of Governors. The Investment Committee meets regularly to assess the Endowment’s performance and to make adjustments as needed to maximize its financial potential.