Policy 2     Gift Acceptance


Section 2.2          Fund Agreements

All endowment gifts shall be documented in a written fund agreement (or other written form) that outlines the program to be supported and the schedule of contributions.  All non-endowed gifts should be documented in pledge forms, fund agreements or other written forms. 

To maximize efficiency of operations, separate named funds and accounts must meet established minimum initial or annual donation amounts, and/or maintain prescribed minimum fund balances, as specified in the Section 3 Gift Accounting policy.  These minimums will be updated periodically in consideration of changing economic conditions, with the approval of the Foundation Board.