Gift Acceptance Sample Clauses
The Gift Acceptance clause defines the terms and conditions under which an organization may receive gifts, donations, or contributions. It typically outlines the types of gifts that are acceptable, such as cash, securities, or property, and may specify procedures for evaluating and approving non-standard or restricted gifts. This clause ensures that the organization only accepts gifts that align with its mission and policies, thereby protecting it from potential legal, financial, or reputational risks associated with unsuitable donations.
Gift Acceptance. Accepting a gratuity, favor, or anything of monetary value from a present or potential Third Party Participant in the Recipient’s Underlying Project, unless the gift is unsolicited, and has an insubstantial financial or nominal intrinsic value, and
Gift Acceptance. Gifts shall only be accepted for the sole purpose of furthering the educational and scientific purposes of the IEEE. All charitable gifts to the Foundation shall be deposited in a Fund established and managed by the Foundation in accordance with Policy 3.3
Gift Acceptance. As stated in Section II, the Code and IRS regulations require that all contributions to The Community Foundation are irrevocable. As a result, The Community Foundation legally owns contributed assets after acceptance and holds discretion and control over the use of the assets. Cash and publicly traded securities are deemed accepted upon receipt. Please see The Community Foundation’s Gift Acceptance Policy for information about the process for accepting other types of gifts such as real estate, closely held stock, partnership interests and other illiquid assets. Questions? Please contact the Donor Services team by email at ▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇, or by telephone at ▇▇▇-▇▇▇-▇▇▇▇.
Gift Acceptance. Alumni & Development CFO & Vice President, Corporate Services, Vice President, External Relations or AVP, Advancement
3.1 Gift Acceptance) Alumni & Development CFO & Vice President, Corporate Services, Vice President, External Relations or AVP, Advancement Institution Naming Agreements Alumni & Development Chair Board of Governors and President & CEO
Gift Acceptance. ALL GIFTS MUST BE IN A FORM ACCEPTABLE TO SPUR, AS SET FORTH IN SPUR’S THEN-CURRENT GIFT ACCEPTANCE POLICY. SPUR’S GIFT ACCEPTANCE POLICY WILL BE PERIODICALLY UPDATED TO REFLECT PRUDENT INDUSTRY PRACTICES, AND THE POLICY CURRENTLY IN EFFECT FROM TIME-TO-TIME WILL BE PUBLISHED ON SPUR’S WEBSITE, OR WILL BE OTHERWISE AVAILABLE UPON DONOR’S REQUEST. SPUR WILL NOT BE UNDER ANY OBLIGATION TO ACCEPT ANY GIFT IF SPUR DETERMINES THAT ACCEPTANCE OF THE GIFT WOULD BE UNLAWFUL, UNETHICAL, BURDENSOME OR OTHERWISE INAPPROPRIATE FOR SPUR TO ACCEPT.
Gift Acceptance. All gifts to any funds at CCF-LA are subject to completion of our due-diligence procedures and compliance with our Gift Acceptance Policy. Any costs incurred by us to evaluate, acquire, or sell a complex-gift asset, such as real estate, a partnership interest, or closely held stock, will reduce the net proceeds credited to the fund.