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Winthrop University Real Estate
Foundation, Inc. (WUREF) is a nonprofit corporation organized
under the laws of the State of South Carolina on August 25, 1999.
The purpose of WUREF is to encourage
gifts of real estate and to develop, own, manage, lease and sell real
property, and to engage in any lawful act or activity for which WUREF may be organized pursuant to Section 33-31-821 of the South
Carolina Nonprofit Corporation Act as of 1994. The Winthrop
University Real Estate Foundation exists for the benefit of
Winthrop University.
The direction and management of
the affairs, property and funds of WUREF are vested in its Board of
Directors. The Board of Directors have the right, power and authority to
exercise all powers and perform all acts and things that may be
exercised or done by WUREF as a nonprofit corporation organized
under the laws of South Carolina, to the provisions of the
Articles of Incorporation and these By-Laws.
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