Annual Report on University of Hawai'i Tuition & Fees Special Fund ...
Annual Report on University of Hawai'i Tuition & Fees Special Fund ...
Annual Report on University of Hawai'i Tuition & Fees Special Fund ...
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<str<strong>on</strong>g>Report</str<strong>on</strong>g> to the 2012 Legislature <strong>on</strong> <strong>University</strong> <strong>of</strong><br />
Hawai‘i Tuiti<strong>on</strong> and <strong>Fees</strong> <strong>Special</strong> <strong>Fund</strong> Expenditures<br />
for the Purpose <strong>of</strong> Generating Private D<strong>on</strong>ati<strong>on</strong>s<br />
Fiscal Year 2011<br />
Hawaii Revised Statutes Secti<strong>on</strong> 304A-2153 provides that the<br />
<strong>University</strong> <strong>of</strong> Hawai‘i Board <strong>of</strong> Regents, “…may authorize expenditures<br />
<strong>of</strong> up to $3,000,000 annually, excluding in-kind services, from this<br />
fund [<strong>University</strong> <strong>of</strong> Hawaii tuiti<strong>on</strong> and fees special fund] for the<br />
purposes <strong>of</strong> promoting alumni relati<strong>on</strong>s and generating private<br />
d<strong>on</strong>ati<strong>on</strong>s for deposit into the <strong>University</strong> <strong>of</strong> Hawai‘i Foundati<strong>on</strong> for the<br />
purposes <strong>of</strong> the <strong>University</strong>.”<br />
In May 2006, the <strong>University</strong> <strong>of</strong> Hawai‘i Foundati<strong>on</strong> and the <strong>University</strong><br />
<strong>of</strong> Hawai‘i entered into a revised Agreement for Services to provide<br />
private fundraising and alumni relati<strong>on</strong>s services for the <strong>University</strong>. To<br />
provide this support, the <strong>University</strong> <strong>of</strong> Hawai‘i pays the <strong>University</strong> <strong>of</strong><br />
Hawai‘i Foundati<strong>on</strong> $3,000,000 per year.<br />
The statute requires a report “detailing the use <strong>of</strong> any funds authorized<br />
by the board under this subsecti<strong>on</strong>…” The following page summarizes<br />
the informati<strong>on</strong> provided in this report.<br />
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