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Trustees approve $743,000 NIU Foundation professional services agreement for FY26

3724096 · May 8, 2025
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Summary

The finance committee endorsed the annual NIU Foundation professional services contract for $743,000, unchanged from FY25, covering designated staff salaries and programmatic services; trustees urged clarity on role funding for an incoming foundation CEO.

The finance, audit, compliance, facilities and operations committee unanimously endorsed a fiscal‑year 2026 professional services contract with the NIU Foundation totaling $743,000 and asked that the president forward the item to the full board for approval on June 12.

Vice President Middlemiss…

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