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Trusts  (Activity Descriptor)
The activities associated with the administration of funds and property gifted to the university with the specification that a trust be established, or where a subsequent internal decision has been made to establish a trust.

Includes: Trust Regulations
Disbursements
Trust Agreements

Use BEQUESTS where property or funds are willed without the requirement to establish a trust.

Use SCHOLARSHIPS for the management and allocation of funds established for that purpose.

Use GIFTS for the receipt of gifts of non monetary nature and do not come with conditions attached for their use.

Broader Terms

ALUMNI RELATIONS
EXTERNAL RELATIONS
FINANCIAL MANAGEMENT
LEGAL SERVICES

Related Terms

Bequests
Donations
Gifts
Procurement
Scholarships

Non-preferred Terms

Disbursements
Trust Agreements
Trust Regulations