All Arch unrestricted funding must be approved by the Finance and Compensation Committee and by the full Board of Trustees. Unrestricted gift funds that are contributed to Arch may be used for the benefit of the University of Georgia in the following ways:

1. To fund the costs associated with advancing the mission of Arch, communicating to donors and ensuring that it is accountable to all of its constituents.

2. To support specific campaign projects and other fund-raising objectives that the University has requested Arch complete. Fundraising strategy as well as the attainment of dollar goals will be considered in allocating such funds. The Executive Director of Arch in consultation with the President of UGA will prepare proposals for Finance and Compensation Committee consideration. The Finance and Compensation Committee will recommend to the full Board how to allocate any such funds that may be available. TOP

3. To augment Board designated funds that serve as Arch unrestricted program endowment. The income from the endowment will be available to support current budgetary needs, to fund capital expenditures, or to provide a source of income to be reinvested at the discretion of the Executive Director. Additions to Archunrestricted program endowment will typically come from major gifts and will require board action to designate them for this purpose.

4. To support other programs in the University related to the private fund-raising efforts of Arch. The UGA Alumni Association and Arch often collaborate on communication and other outreach projects that inform perspective donors of the work of the University and thereby aid in the fund-raising process. In like manner, Arch works closely with the External Affairs Division in communicating projects and programs.

5. To assist with funding for stated priorities such as faculty support, library support, and student aid.

6. To be made available to the President of the University of Georgia to use at his discretion to meet extraordinary needs or targets of unusual opportunity of special benefit to the UGA. TOP

The following process is required to request funding:

• The Executive Director of Arch is responsible for preparing requests for funding approval of the Finance and Compensation Committee. Annually, the Executive Director of Arch shall report to the Board of Trustees on the use of funds.

• Any planned uses of the funds shall be approved by the Finance and Compensation Committee as part of the regular budgeting process.

• Any discretionary use of the funds in excess of $25,000 requires prior approval of the Finance and Compensation Committee.

• Any discretionary use of the funds shall be reported annually to the Finance and Compensation Committee and the Board of Trustees. TOP