Texas Administrative Code
Title 19 - EDUCATION
Part 1 - TEXAS HIGHER EDUCATION COORDINATING BOARD
Chapter 1 - AGENCY ADMINISTRATION
Subchapter C - STANDARDS OF CONDUCT
Section 1.85 - Relationship between the Texas Higher Education Foundation and the Board
Universal Citation: 19 TX Admin Code ยง 1.85
Current through Reg. 49, No. 38; September 20, 2024
(a) The Board may provide to the Texas Higher Education Foundation:
(1) fundraising and solicitation
assistance;
(2) staff services to
coordinate activities;
(3)
administrative and clerical services;
(4) office and meeting space;
(5) training;
(6) any service or agreement authorized by
the legislature; and
(7) other
miscellaneous services as needed to further the duties and purposes of the
Board.
(b) In addition to gifts and donations authorized by law, the Texas Higher Education Foundation may provide:
(1) postage;
(2) printing, including letterhead and
newsletters;
(3) special event
insurance;
(4) recognition of
donors;
(5) bond and liability
insurance for organization officers; and
(6) other miscellaneous services as needed to
further the duties and purposes of the Board.
(c) The Texas Higher Education Foundation and the Board shall enter into a memorandum of understanding (MOU) which contains specific provisions regarding:
(1) the
relationship between the Board and the Texas Higher Education Foundation and a
mechanism for solving any conflicts or disputes;
(2) fundraising and solicitation;
(3) the use of all donations from fundraising
or solicitation, less legitimate expenses as described in the MOU, for the
benefit of the Board;
(4) the
maintenance by the Foundation of receipts and documentation of all funds and
other donations received, including furnishing such records to the
Board;
(5) the furnishing to the
Board of any audit of the Texas Higher Education Foundation by the Internal
Revenue Service or a private firm; and
(6) the reasonable use of Board employees,
equipment, or property in order to further or support the purposes or programs
of the Board, provided such usage is commensurate with the benefit received or
to be received by the Board.
Disclaimer: These regulations may not be the most recent version. Texas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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