Questionnaire

Please answer the following questions.

1. Does your organization have a pool of funds for long-term uses or endowment that needs professional investment services?

2. Are these funds in excess of $10,000?

3. Do you intend to invest these funds for a period of at least three years? (Note, you are not required to leave the funds at the Foundation for that period. However, you are more likely to experience losses in value if you move in and out of permanent investments over short periods of time.)

4. Are you looking for professional investment management, and regular reporting of investment performance?

5. Do you have special sub-accounting needs for your funds, that is, the need to segregate funds for specific purposes and projects?

6. Is your board willing to select an investment goal for your funds (or separate goal for each sub-account) and delegate management of those funds to meet that goal to the WMU Foundation?

7. Is your board willing to pay the costs of management of these funds, now set at approximately 1% of the fund value?

8. Is your board willing to adopt a resolution to transfer management of the funds to the Foundation and to enter into a management contract that specifies the duties and responsibilities of each party to the agreement?

9. Are you willing to work with the WMU Foundation to set up these accounts and direct reporting to the appropriate individuals?

10. Are you willing to designate a contact person to work with the Foundation to facilitate set-up, additions, distributions and withdrawals from the funds?

If you answered "yes" to all of these questions, the Foundation's investment management services may be appropriate for your organization. Please contact the President of the Foundation at 1-877-482-4483 or email wmufoundation@wmu.org for more information on how to get started.

Sample Board Resolution to use WMU Foundation's Investment Management Services