Name
Change for Development Fund
The
fundraising branch of Northern Michigan University has changed its
name from the NMU Development Fund to the NMU Foundation. The
organization’s governing board approved the change at a fall meeting
and it began appearing on printed materials with the start of the
new calendar year.
The
change better reflects the organization’s purpose and mission, according
to Martha Van Der Kamp (Alumni and Foundation).
“Our
former name, the Development Fund, was quite unique and described
only a small part of what we do. We acquire, steward and disburse
private gifts for Northern, so NMU Foundation is a more accurate
description of our operations. The new name also is in keeping with
the industry standard,” said Van Der Kamp.
In
addition to the name change, the foundation and the university have
entered into a legal agreement that recognizes the foundation as
a separate entity, working on NMU’s behalf.
“While
operationally little has changed, we have been advised that this
type of formal agreement helps to ensure the highest level of privacy
for our donors,” Van Der Kamp said.
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