Endowment Fund Committee (EFC)

The CUALA Endowment Fund gives Eagles the chance to donate towards a number of credible initiatives aimed at promoting the Eagles community in various ways. These include initiatives such as the Eagles Scholars Award, Business Support, Welfare Programs, Educational & Tuition Support, and other programs/initiatives.

7-member committee of Covenant University graduates (5 Eagles nominated by the community and 2 CUALA EXCOs) with diverse skills and specialties was set up to manage the fund. The committee members are responsible for;

  • Coordinating fund raising activities
  • Reviewing and approving investment vehicles
  • Monitoring compliance with the investment policy
  • Reviewing performance and overseeing management of the investment portfolios
  • Ensuring the utilisation of the fund in line with defined investment guidelines
  • Reporting on the performance of the endowment fund.

Note: Following the resignation of Taiwo Oyekoya in January 2025, Adetumi Atayero was elected as the new Chair of the EFC with 67% votes. Please refer to the CUALA newsletter dated March 2025 for more details.

Inaugural Endowment Fund Committee