WKU Board Welcomes New Members and Raises Endowment Fund Threshold
Thursday, 8 August 2024, 17:00
WKU Board's Important Decisions
The WKU Board of Regents recently held a meeting where notable changes were implemented.
New Members Inducted
- Induction of new members into the board.
Increase in Endowment Fund Minimum
The board has approved raising the minimum endowment fund amount from $10,000 to $25,000. This is the first increase in the fund's minimum in the university's history.
Implications of the Changes
- This change will enhance the ability of WKU to attract larger donations.
- It reflects a commitment to financial sustainability and improved funding initiatives.
The board's decisions signify a progressive step towards enhancing the university's financial viability and attractiveness to potential donors.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.