Important Note:  All Arch gift receipts from Gift Accounting office will reflect the processing date and not the credit date of the gift.  The date used for tax purposes is at the discretion of the donor and/or his financial advisor.   The credit date, which is used for recognition purposes in the gift database, is based on various criteria, depending on the type of gift and the form of delivery as outlined below:

For Cash/Check:

1. If by mail, the date in which the check enters into the United States Postal Service or delivery system.
2. If by Website, the date in which the electronic funds transfer is approved by the donee’s bank.
3. If hand delivered, the date received at Gift Accounting office.

For Credit Card Transactions:

1. If by mail, the date in which the credit card company approves the charge.  Please note: this does differ from checks sent by mail which are considered received when put in the mail.
2. If by Web site, the date in which the credit card company approves the charge.

For Marketable Securities:

1. If the stock is a DTC transaction, the date the stock is recorded to our account
2. If the stock certificate is in the name of The Arch Foundation for The University of Georgia, the date the certificate was issued.
3. If the stock certificate is delivered and is in the name of the donor, the date the irrevocable stock power is signed.

For Personal or Tangible Property:

A.   The date on the deed of gift, warranty deed, or other legal instrument transferring ownership.