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Part of Minutes of the University of Kentucky Board of Trustees

Finance Committee Report December 8, 1970 FC R Members, Board of Trustees, ADVISORY SERVICES FOR INVESTMENT OF ENDOWMENT FUNDS Reconu-mendation: that the Vice President for Business Affairs and Treasurer be authorized to enter into a contract with the Kentucky Trust Company, XLouisville, Kentucky for advisory services for the investment of endowment funds of the University. Background: The Finance Committee evaluated proposals from other advisory firms in the State of Kentucky for the investment of endow- ment funds of the University. After evaluating the various proposals, the Finance Committee recommends that a contract be entered into with the Kentucky Trust Company, Action: Approved X -Disapproved Othe r Date: December 8 '_7 /E , 1970