All University employees
The University accepts gifts in support of and to further its mission of teaching, research, and serving the public good. No gift may be counted as a contribution to the University until the asset is irrevocably transferred from the donor to the University and supports its mission.
Gifts-in-kind received by any office or department must be accompanied by an independent appraisal if the donor states the fair market value is more than $5,000. Gifts-in-kind that do not contribute to the University’s mission will be sold.
Gifts of real estate must be approved in advance of their acceptance by the Executive Vice President/Chief Financial Officer in collaboration with the Vice President and Chief Development Officer and the University’s General Counsel.
Links to Procedures and Related Information
Date: September 2005