GIFTS WITH NAMING RIGHTS Sample Clauses

GIFTS WITH NAMING RIGHTS. IEEE has authorized the IEEE Foundation to leverage the appeal of naming IEEE programs and facilities to attract donors to invest in programs that advance the scientific and educational purposes of IEEE. Naming opportunities shall recognize individuals and not entities thereby avoiding the appearance of commercial influence or conflict of interest. All naming shall: • Be consistent with IEEE’s role as a trusted partner and non-profit organization. • Lend prestige to IEEE and never call into question the public respect of IEEE. The credentials, character and reputation of any individual for whom naming is being considered shall be carefully scrutinized and evaluated. All contributions involving naming rights shall require: • Background checks against both internal IEEE and external sources to confirm credentials, character and reputation of the individual • Obtaining written consent from the individual or his or her estate agreeing to naming rights • Gift agreement that specifies donor intention, use of the gift, length of use of the gift, duration of the naming rights protections, and a moral turpitude clause. It is the responsibility of individuals negotiating the contribution on behalf of IEEE and its Foundation to advise potential benefactors that their contribution may be recognized by naming, subject to approvals and decisions consistent with this policy.
Sample 1
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