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The East Tennessee
State University Foundation is a separate, legally incorporated,
not-for-profit entity founded in 1970 to generate and receive private support for
the university. Gifts to the Foundation are invested into a general
investment portfolio handled by professional money managing firms and
monitored by the organization's standing Investment Committee. The Foundation receives private gifts for the University in accordance with it's agreement with ETSU.
Organizational bylaws outline a full membership of up to 300, which was reached for the first time during the 1996 fiscal year. The leadership of the Foundation
is made up of an Executive
Committee and a 30 member Board of Directors which meets annually.
Foundation Board members serve on four active
standing committees which carry out the business of the organization.
Daily management of the corporation is carried out by the Executive Vice President of the ETSU Foundation with the advice and concent of the organization's Executive Committe. This
committee meets quarterly or upon call when neccessary to conduct the affairs of the
Foundation and makes a report to the board and full membership at the annual
meeting.
"Our Foundation's conservative investment and management philosophy is a stable, guiding principle that allows us to provide the 'margin of excellence' in good times and in bad. I am confident that this philosophy, along with the Foundation's leadership and support, will see us through today's uncertain times to better times tomorrow."
The East Tennessee
State University Foundation is a separate, legally incorporated,
not-for-profit entity founded in 1970 to generate and receive private support for
the university. Gifts to the Foundation are invested into a general
investment portfolio handled by professional money managing firms and
monitored by the organization's standing Investment Committee. The Foundation receives private gifts for the University in accordance with it's 
