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8.1 The »Ê¹Ú×¢²á Community College Foundation

Board of Trustee Approval: August 6, 2007
Revised: October 1, 2012; October 1, 2022

In accordance with North Carolina General Statues (NCGS 115D20.9), the Board of Trustees shall recognize the legal authority of the »Ê¹Ú×¢²á Community College Foundation, Incorporated as a nonprofit 501 (c)(3) corporation organized and operated exclusively for the educational purposes of the College and with Articles of Incorporation under the laws of North Carolina (NCGS 55A, Non Non-Profit Corporation Act). As such, the Foundation has a governing Board of Directors who adhere to the Bylaws of the »Ê¹Ú×¢²á Community College Foundation, Inc. and may promote, establish, conduct, and maintain activities on its own behalf and solicit and receive funds and other real property; it may invest, reinvest, hold, manage, administer, expand and apply such funds and property so long as such procedures and/or actions do not violate or otherwise infringe upon the »Ê¹Ú×¢²á Community College Board of Trustees. The College President shall have oversight responsibility for the »Ê¹Ú×¢²á Community College Foundation, Inc. and serve on the Board of Directors as an ex-officio member.