| Authority: |
RCW 28B.50.839 |
| Admin Agency: |
Locally by each agency - LCL0 |
| Cash Type: |
3 - Local Fund |
| SAAM Budget Type: |
Nonappropriated/Nonallotted (N) |
| Earnings from Investments are: |
Credited to the appropriate fund as directed by the Legislature and/or the administering agency of the fund. RCW’s 43.79A.040 and 43.84.092 do not apply. |
| Description: |
The proceeds from the endowment fund shall be used to pay expenses for faculty awards, which may include in-service training, temporary substitute or replacement costs directly associated with faculty development programs, conferences, travel, publication and dissemination of exemplary projects; to supplement the salary of the holder or holders of a faculty award; or to pay expenses associated with the holder’s program area. Funds from this program shall not be used to supplant existing faculty development funds. |
| Sources of Revenue: |
Private Donations, Charges and Miscellaneous Revenue, Interest Earnings |
| Clientele: |
Community and technical college faculty |
| Effective Date: |
07/01/1990 |
| Account Code: |
843 |
| Account Title: |
Exceptional Faculty Awards Endowment Account |
| Fund Type: |
EA - Permanent Funds |
| Rollup Fund: |
EA - Higher Ed Endowment & Other Perm Funds |
| Closing GL Code: |
9230 - Restricted for Higher Ed |