The Mico Foundation is the legal firewall between the Government of Jamaica subvention grants to the Mico University College as a public education institution and Trust Funds. Included in Trust Funds are income from business enterprises utilizing the physical plant, technology, talent and expertise of employees of The Mico University College beyond their teaching and other related college responsibilities.
The Foundation is the repository for funds raised by past students, self-obligated to give back to their alma mater, endowments by donors, and the surpluses generated by entities within the Institution. It is also the guarantor that all such funds are used solely for the purposes designated by their contributors. The Mico Foundation brings all entities of Brand Mico into a dynamic, flexible, collaborative, coordinated and constructive relationship. Since its inception it has acquired properties, constructed buildings, invested in developmental assets and engaged in major income bearing enterprises to support and expand the reach of the University College. The Foundation is the focal point for ensuring contact, communication, cohesion, and consensus among all entities within Brand Mico for the common good of The Mico.