Foundations

Whereas great attention is being given by Community Colleges to the formation of foundations under the Business and Professional Code/501-3 Cs instead of the Educational Code, and

Whereas this formation has removed public scrutiny of the use of public funds, and

Whereas this situation has created alleged abuse in some community colleges, and

Whereas these private foundations may work to the detriment of faculty and limit the authority of local senates,

Resolved that the Academic Senate for California Colleges study and make recommendations to a future session on the advisability of applying the Business and Professional Code/501-3 Cs to community college foundations.