On April 13, 2017, the Board of Governors approved the amendment of Policy #113 – Endowment Management.
Amendments to Policy 113 were made to carry out the Board’s mandate to establish the Sustainable Future Pool. The amendments address the creation of the new Sustainable Future Pool and the consequence that there is now more than one endowment pool for the UBC Endowment. As well, the Policy’s procedures have been amended to provide rules for establishing endowment using unrestricted University funds and using restricted donations.
A copy of the amended Policy #113 is available at https://universitycounsel.ubc.ca/files/2017/05/policy113.pdf.