Holdings University Foundation Executive Director's Office Annual Meeting Records Finding Aid Holdings University Foundation Executive Director's Office Annual Meeting Records Finding Aid Title: Annual Meeting Records, 1957-77
ID: 32/1/2
Primary Creator: University of Illinois Foundation
Extent: 2.3 cubic feet
Arrangement: Chronological
Subjects: Foundation, University of Illinois
Formats/Genres: Papers
Languages: English
Annual Meeting Records containing correspondence, notes, proceedings, programs, receipts, vouchers, lists, booklets, clippings, photographs, and foundation meeting packets relating to the planning of the Annual Meeting and programs of the meetings. Files of the Committee Nominating Members relate to the selection of new members of the foundation. Meeting Packets contain reports of the annual meeting and maps of the campus.
Established in 1935,1 the University of Illinois Foundation is a separate, non-profit corporation established to handle trusts, receive gifts and bequests, license patents and render other services to the University. It is managed by a Board of Directors. It acts as financial agent of the University in borrowing money for buildings and other major improvements.2 It has a service agreement with University Patents, Incorporated, which works out licensing arrangements with industrial firms for marketing faculty inventions which have been patented. The Foundation then invests the income in basic research.3
1. Board of Trustees Transactions, 38th Report, October 23, 1936, p. 442.
2. Ibid., pp. 442-43.
3. Gene Vance, University of Illinois Foundation, Director, Champaign-Urbana Campus.
URL: https://files.archon.library.illinois.edu/uasfa/3201002.pdf
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