Section 3.2 Governance and Administration
Any institution-related foundation not controlled by the institution has a contractual or other formal agreement that (a) accurately describes the relationship between the institution and the foundation, and (b) describes any liability associated with that relationship. In all cases, the institution ensures that the relationship is consistent with its mission.
Comprehensive Standard 3.2.13 does not apply to Western Texas College because the only WTC-related foundation is controlled by the College.
Evidence of Support: