Policies and Procedures

IV. GIFT ACCOUNTING
  E. GIFT ACKNOWLEDGEMENT


POLICY: IV. E .
Effective Date: 07/01/05
Last Modified: 07/01/05

A gift receipt or acknowledgement required to satisfy the IRS requirements should not be confused with the acknowledgement of specific kinds and levels of giving.  An acknowledgement is a personalized thank you and is prepared for all gifts of $10,000 and greater.  The Donor Relations and Stewardship Unit is responsible for the acknowledgement letters.  A report is provided each day that lists the donors and gifts of $10,000 or more.

Establish Acknowledgement Procedures

Deans, directors, department heads, and chairmen of all divisions will have the opportunity to write to all donors who support their respective areas.  Computer printouts with pertinent information will be sent on a weekly basis, and departments are strongly encouraged to establish acknowledgement procedures.

 


This page was last updated on Thursday, February 8, 2007 06:27 PM EST