Council of Trustees Handbook

ANTICIPATED REVENUE KUF anticipates raising $6M+ annually. STARTUP INVESTMENT REQUIRED AND HOW FUNDED • KUF has a memorandum of understanding with Kutztown University to provide a portion of KUF’s operating budget. The MOU is re-negotiated annually. • KUF recently invested in a Hampton Inn in Kutztown. Profits from the hotel will be invested into an endowment with the earnings providing scholarship support. Doors opened in September 2019. SYSTEM IMPLICATIONS Each system university contributes to the overall successes of the PASSHE system. The KUF comprehensive campaign will contribute to the overall ability of the university to fund many scholarships and projects, as well as, build even stronger alumni relations and partnerships. The success of the campaign will strengthen both KU and the PASSHE system.

RkJQdWJsaXNoZXIy NzcxOTE=