The Citrus College Foundation makes every effort to comply with donors' wishes in using funds in the manner designated when the gifts were made. The Finance/Investment Committee is compliant with the Prudent Investor Act and utilizes professional investment counsel to optimize growth of the gifts with the least possible risk to principal. The principal from endowed gifts is never used and is invested in perpetuity.
Donors are kept informed about the Foundation's work and gift stewardship through an Annual Report and a newsletter, "Foundation Facts." Where it is appropriate, as in the case of grants, additional progress reporting about specific projects and their impact on students is provided.
Fund Management Policy