1.20.1 Accepting Gifts

The Vice President for University Advancement ensures that all gifts are properly processed and acknowledged and that accounts are established for use of the proceeds.

Restricted gifts shall be accepted on condition that the University may use the funds or gift for other purposes if it becomes impractical or impossible to use the funds or gift for the original purpose.

The University reserves the right to dispose of gifts of tangible personal property as it deems appropriate and discourages such gifts that are made subject to the condition that they be kept for a certain period oftime.