PS #3901
TITLE: Solicitation and Handling of Funds from External Sources
AUTHOR: Director of Development
APPROVAL DATE: December 20, 2002
EFFECTIVE DATE:  December 20, 2002
PURPOSE:  To establish a systematic and coordinated method for the solicitation and handling of gift income from external sources
REVIEWER AND Director of Development
REVIEW DATE: June of Even Years
OPERATING DETAILS:
 

1. To ensure that the proper approach is followed and that multiple requests to individuals and organizations for funding do not occur, the President and the Vice President for Institutional Advancement (or a designated representative) have responsibility for presenting funding requests to external sources.  This procedure applies to governmental agencies, individuals, businesses, civic organizations, and other sources outside the University.

2. University personnel are encouraged to identify potential sources of external funding and to make suggestions to the Development Office.  Requests for grants and donations, including gifts in kind,  may be made only with the prior approval of the President and the Vice President for Institutional Advancement (or a designated representative).  This policy does not apply to individual faculty development grants.

3. Information and technical assistance will be provided to faculty and staff members who are seeking to identify sources of grants consistent with the mission and priorities of the University, making application for grants, and filing reports on grants received.

4. Procedures for acquiring external funding, handling and accounting for funds or in kind contributions received, and reporting will be issued by the Development Office.
 

Revised:  12/20/02