University renews MOU with University of Illinois Foundation

The Board of Trustees of the University of Illinois is entering into a five-year Memorandum of Understanding with the University of Illinois Foundation to formalize fundraising, donor management, and asset management services. The agreement provides for annual negotiation of compensation under separate Annual Services Agreements and includes automatic one-year renewals unless notice of non-renewal is given six months in advance.

Document date · July 16, 2026

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Scope & details

The full contract record, as filed.

Contract type

OTHER

Contract term

Initial term of five (5) years from the Effective Date, with automatic renewal for additional consecutive one-year terms unless terminated sooner or not renewed

Renewal

Initial five-year term from the Effective Date, with automatic renewal in additional one-year terms. Either party may prevent renewal by providing notice of non-renewal at least six months prior to any annual anniversary date of the Effective Date. Compensation for services will be set each year in a separate Annual Services Agreement.

Document type

Agreement

Source document

University of Illinois System Offices Agreement Memorandum of Understanding between Board of Trustees of the University of Illinois and The University of Illinois Foundation 2026-07-16

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by University Of Illinois System Offices?

University of Illinois Foundation was awarded this government contract by University Of Illinois System Offices, as recorded on July 16, 2026.

What type of contract is this?

This is a government contract, documented as a agreement record.

Where was this contract approved?

This contract appears in University of Illinois System Offices Agreement Memorandum of Understanding between Board of Trustees of the University of Illinois and The University of Illinois Foundation 2026-07-16 (Agreement), dated July 16, 2026 from University Of Illinois System Offices. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does University of Illinois Foundation hold?

University of Illinois Foundation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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