In 1985 the Chancellor appointed a University of North Carolina at Greensboro Investment Fund (UIF) and charged it with the general responsibility for management of investments subject to the formal delegation for all the University and the University Foundations. The principal activities of the Corporation shall be to accept the transfer of assets which benefit UNCG and to manage the investments of those assets. The UIF meets at least quarterly each year to discuss the investment portfolio.
The number of all voting Directors of the Corporation shall be not less than five (5) nor more than seven (7), which number shall be fixed from time to time by the Board of Trustees of The University of North Carolina at Greensboro, upon recommendation of the Chancellor of the University. Each board member is appointed for a term of four years and then eligible for reappointment for one additional term. The Board members are selected for their knowledge and experience with investments.