Ever since protesters toppled a Confederate statue known as Silent Sam at the University of North Carolina at Chapel Hill last year, the college has hidden the monument from view, stashing it in storage and refusing to disclose its location.

But after 15 months of hand-wringing over what to do with the statue, the university said on Wednesday that it had found a resolution.

As part of a settlement with the North Carolina division of the Sons of Confederate Veterans — a Confederate group that had sued over the statue’s fate — the university handed Silent Sam over to the group and said it would fund a $2.5 million trust for its “care and preservation,” according to a statement released Wednesday.

The money, which would not include state funds, could pay for a facility in which the monument would be kept and displayed, the university said.