Investment Policy

Foundations

Stephen F. Austin State University Foundation, Inc.
Investment Policy Statement

1. Purpose
This Investment Policy Statement ("IPS") applies to all Stephen F. Austin State University Foundation ("Foundation") endowment and annuity funds, donor-advised funds and Student Roundtable funds. Individuals and institutions to promote, encourage and advance education at Stephen F. Austin State University give these funds to the Foundation.
In the management of the Foundation investments, consideration will be given to the need to balance a requirement for current income for present activities with a requirement for growth in principal to compensate for inflation. Consideration will be given to the need for safety of principal, liquidity, diversification, yield and quality.
The Foundation investments shall be managed at all times in accordance and compliance with the currently accepted standard of prudent investment management. The currently accepted standard of reasonable care requires that a fiduciary exercise the care, skill, prudence and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use in conduct of an enterprise of a like character with like aims.
The overall objective of the IPS is to assure that the Foundation funds are invested in a manner to achieve as high a level of return as can reasonably be expected to be achieved given the objectives of safety and preservation of principal. The IPS clearly states the responsibilities of all parties involved with Foundation funds. The IPS will assist the Foundation's Board of Trustees ("Board"), the Finance Committee ("Committee") and the Investment Consultant ("Consultant") in effectively communicating with and monitoring the investment firms(s) that will be engaged from time to time to facilitate the management of the Foundation funds. The IPS states the Board's attitudes, guidelines and objectives in the management of Foundation funds.

View the full Investment Policy Statement.