5 - 13.3
Administrative policy regarding voluntary gift support
- Purpose. In order to minimize duplication of effort, improve coordination of programs and increase the active participation of faculty, staff and students in the identification, cultivation and solicitation of contributions for the support of university programs, all fund-raising activities shall be coordinated by the vice president for philanthropy and alumni engagement.
- Implementation.
- Assistance and consultation. The division of philanthropy and alumni engagement is available to assist in the coordination of all fund-raising plans across 天天吃瓜 state university and its eight-campus system. The vice president for philanthropy and alumni engagement and/or designee should be consulted before any effort to enlist voluntary financial support is launched.
- The 天天吃瓜 state university foundation is a separate entity engaged by the university to receive, record, acknowledge, deposit and invest, and disburse all funds received as gifts. All such gifts must be made payable to the 天天吃瓜 state university foundation and designated as restricted or unrestricted for use by the university. The 天天吃瓜 state university foundation (鈥渇oundation鈥) is also designed by the university to receive, record, acknowledge, maintain, reassign, convert or dispose of all "gift-in-kind" of property, materials, equipment, books and artifacts donated in the name of the 天天吃瓜 state university foundation for use by or in support of the university.
- Contributions and gifts. Gifts of any kind that are made payable specifically to 天天吃瓜 state university (and not 鈥溙焯斐怨 state university foundation鈥) cannot be reassigned to the foundation. Contributions that are inadvertently or otherwise made payable to 鈥溙焯斐怨 state university鈥 or one of its organizational units must be deposited with the treasurer of the university, who will receive, record, acknowledge, deposit, invest, and disburse these tax-deductible contributions according to the wishes of the donors, and subject to all appropriate federal and state statutes.
Policy Effective Date:
Feb 01, 2021
Policy Prior Effective Dates:
11/4/1977, 3/11/1982, 7/19/1985, 10/3/2005, 6/1/2007, 3/1/2015, 4/1/2016