91tvӰԺ

91tvӰԺ Financing Corporation and 91tvӰԺ Property Corporation

Mission

The 91tvӰԺ Financing Corporation, a direct-support organization (DSO), is the University's financing arm and is expected to provide attractive long-term financing for the University's major capital projects. The 91tvӰԺ Property Corporation is a separate, legal entity and acts in tandem with the 91tvӰԺ Financing Corporation for lease purchase financing transactions. The sole member of the 91tvӰԺ Property Corporation is the 91tvӰԺ Financing Corporation.

• 91tvӰԺFC Bylaws  
• 91tvӰԺPC Bylaws  

Governance

The 91tvӰԺ Financing Corporation and 91tvӰԺ Property Corporation share a common Board of Directors. The working Board consists of at least five but no more than seven members, including the University President, University COO and five independent members. The Board also includes two 91tvӰԺ regional campus representatives. The Board is comprised of finance, legal, accounting and audit professionals.

• Boards of Directors  

Meetings

An annual meeting of the Board of Directors is held at 3:00 p.m. on the first Tuesday of November of each year, unless another date and time are agreed upon by the Board. Special meetings may be called by the Board Chair or Secretary. The Secretary keeps full and accurate minutes for all meetings of the Board of Directors.

• Board Meetings  
• Procedure to Appear Before Board  

Financial Statements and Reports

The 91tvӰԺ Financing Corporation and 91tvӰԺ Property Corporation financial statements are prepared on a consolidated basis due to the Financing Corporation’s ongoing economic interest in the Property Corporation and its ability to control the activities of the Property Corporation through common members of the Boards of Directors.

• Financial Statements  
• Annual Reports to the Board