Asset Management and Use
New Century Development Fund of Tsinghua University provides subsidies according to the purpose and fund use range specified in the articles of association. If the donation agreement explicitly specifies the concrete content of subsidies, then the provisions of the donation agreement shall be complied with.
New Century Development Fund of Tsinghua University entrusts Tsinghua University Education Foundation to set up a special account for fund management. Tsinghua University Education Foundation is responsible to preserve and increase the value of the assets of the Fund. TUEF periodically provides financial reports of asset management to the Board of Management.