UWF Foundation
Board of Directors
Position Description
The mission of the UWF Foundation is to encourage, maintain and administer gifts
and bequests of property or funds for scientific, educational, or charitable
purposes in service of the advancement of the University of West Florida.
Primary Duties of the Foundation Board:
- Exercise fiduciary responsibility with respect to the investment of,
accounting for, and acknowledgement of all contributions.
- Manage the investment of all assets of the Foundation, including the prudent
administration of all gifts consistent with donor intent.
- Ensure adequate resources so the university and the Foundation can fulfill
their missions.
- Ensure effective organizational planning and financial management of
Foundation funds.
- Assist the University President and Foundation staff in establishing and
maintaining a favorable climate for giving.
- Objectively assess Board performance every three to five years.
Primary Duties as an Individual Director:
- Maintain knowledge of University of West Florida’s mission, programs,
resources, and needs.
- Prepare for and participate in all board meetings in order to make informed,
independent, and objective decisions.
- Review and approve the Foundation’s annual investment goals, operating budget,
and financial statements.
- Understand that an individual Board member can bind the Board or Foundation
only when authorized to do so and publicly support the majority decision of the
Board.
- Participate actively in the fundraising programs of the Foundation by
providing personal financial support of the university through both the Annual
Fund and any major fundraising campaign.
- Assist in the identification, cultivation and solicitation of donors as
requested and maintain confidentiality of donor information.
- Serve as an effective university spokesperson in the community.
- Serve on board committees as requested.
- Serve as a representative of the Foundation Board at University events.
- Execute and update a “Conflict of Interest Statement” each year.
Approximate Minimum Time Commitment:
- Quarterly full board meetings (6 hours annually)
- Quarterly committee meetings (6 hours annually)
- Monthly university and fundraising activities (15-30 hours annually)
- Additional time (i.e. for meeting preparation, subcommittee work, etc.) as
needed.