Management Fees/Policies
The Board of Directors and Trustees of the ASU Foundation are committed to providing stewardship of the highest quality. They follow a prudent investment philosophy that is guided by four principles:
| 1. |
Increase the funding available to ASU from endowments in addition to growing levels of annual giving. |
| 2. |
Focus on long-term performance. |
| 3. |
Accept a reasonable and prudent level of risk while maximizing “total return.” |
| 4. |
Diversify investments to reduce risk. |
Pooled endowment investment returns are used to:
| 1. |
Support ASU faculty, students and programs. The Finance Committee of the ASU Foundation reviews the endowment earnings distribution process annually. |
| 2. |
Increase the endowment principal, which preserves and grows the purchasing power of the original gift over time. |
| 3. |
Pay the annual Management Fee assessed by the ASU Foundation. The Management Fee represents more than 60 percent of the foundation’s total revenues and are used to support foundation operations and development activities at ASU. |
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