L. Keebler Nissen Scholarship

The net income from the Fund shall be used to provide unrestricted support to students enrolled in the College of Agricultural, Consumer and Environmental Sciences (ACES) at the University of Illinois at Urbana-Champaign. Such support shall include, but not be limited to: scholarships, program support, experiential learning opportunities and study abroad experiences. The Dean of the College of ACES or designee, shall determine uses, timing and amounts of the net income, subject to the approval of the appropriate University officials. In administering the Fund, the Foundation may pay over to the University of Illinois all or part of the net income upon the certification by the University of Illinois that said net income will be applied by it in accordance with the purposes and restrictions designated herein. The net income of the Fund shall be determined by the Foundation in accordance with established Foundation policies and procedures, after payment of reasonable fees and expenses, including development fees and expenses, incurred by the Foundation in the administration of the Fund. These policies and procedures may be amended from time to time and are incorporated herein by reference.