For Uniform Management of Institutional Funds Act we have terms and definitions in 3 topics. The topics are Fundraising, Grantmaking and Non-Profit Governance.

A 1972 law, adopted by most states, that provides a standard for prudent use of appreciation in invested funds, specific investment authority, authority to delegate investment decisions, and a standard of business care. It also provides standards to guide governing boards in the exercise of their duties under the Act, and a method of releasing restrictions on use of funds or selection of investments by donor acquiescence or court action.
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A 1972 law, adopted by most states, that provides a standard for prudent use of appreciation in invested funds, specific investment authority, authority to delegate investment decisions, and a standard of business care. It also provides standards to guide governing boards in the exercise of their duties under the Act, and a method of releasing restrictions on use of funds or selection of investments by donor acquiescence or court action.
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A 1972 law, adopted by most states, that provides a standard for prudent use of appreciation in invested funds, specific investment authority, authority to delegate investment decisions, and a standard of business care. It also provides standards to guide governing boards in the exercise of their duties under the Act, and a method of releasing restrictions on use of funds or selection of investments by donor acquiescence or court action.
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