Endowed Lecture Funds
The College's endowed lecture funds generate spendable income to support lectures on campus (typically annual, however, some are more or less frequent) to complement the academic curriculum. Below are guidelines for administering these lectureships.
- Each endowed fund has a set of terms established by the donor to the fund and formally accepted by the College. Administration and use of the fund must be done in accordance with these terms. Copies of terms are available from the Controller's Office or the Office of Planning and Development.
- The amount of income available for use each fiscal year is available from the Controller's Office (Julia White ext. 3246) and should be confirmed before any monies are committed. The Controller's Office will also provide the account number to be used and name of the fund manager (who can sign off on invoices and vouchers).
- Expenses to consider in establishing a budget include the honorarium, travel and expenses, entertainment and hospitality, printing, mailing, and technical support. It is advised that a complete budget be developed prior to committing any funds.
- These funds must be spent according to the terms and on the schedule specified by those terms unless due cause for not spending income is filed with the Controller's Office and Office of Stewardship Programs.
- The Office of Stewardship Programs must be notified of the event as far in advance as possible so that it can keep the donors informed. Ideally, advanced notice will allow the donors to attend the event and any related receptions or meals.