Fiscal Operations Manual
Section 500: Financial Accounting and Analysis
Effective: 01/01/2003
Revised: 01/23/2009



Please see current Fiscal Policy Manual for current policies


507 OSU and OSU Foundation Relationship

The Oregon State University Foundation (OSUF) is a private, non-profit corporation affiliated with the University under IRS tax code 501(c)3.  The Foundation receives gifts of cash, securities, real and personal property, deferred gifts (such as bequests), life insurance, and life income agreements to support the University’s programs.  It is a comprehensive organization that handles all aspects of fundraising for OSU.

All fundraising and investment activities of the Foundation are limited to benefiting Oregon State University.  The Foundation assets and earnings are distributed to colleges, departments and programs of the University per donor directions or, if funds are unrestricted, per the direction of the Foundation's volunteer Board of Governors in response to priority requests from the President of the University.