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



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, 1970