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            "text": "May include on-time gifts, multi-year pledges (typically 3–5 years), or deferred gifts. Unrestricted bequests received during a campaign with an endowment component may be counted toward campaign goals if directed to the endowment. Deferred gifts in campaigns receive appropriate recognition."
        },
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            "text": "Endowment Gifts:",
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                {
                    "id": "p11.3.1",
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                    "text": "Gifts of any size are welcome for existing endowment funds."
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                {
                    "id": "p11.3.2",
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                    "text": "Minimums for establishing new named endowment funds (payable within 5 years, typically):",
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                {
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                    "text": "Unrestricted or Field-of-Interest Endowment. $10,000.",
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                                "label": "Unrestricted or Field-of-Interest Endowment. $10,000.",
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            "text": "Designated Purpose Endowment. $25,000. The purpose must be approved by KSU (via President, Provost, and Board of Regents) and the Foundation Board."
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            "text": "Endowment distributions are subject to KSU and Foundation spending policies, in compliance with UPMIFA as adopted in Kentucky, and donor restrictions."
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            "text": "Gift Acknowledgment and Donor Recognition",
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            "text": "",
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            "children": [
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                    "id": "p11.7.1",
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                    "text": "The Foundation will provide timely written acknowledgment (gift receipt) for all gifts, compliant with IRS substantiation requirements. \"Thank you\" letters will generally be sent within one (1) week."
                },
                {
                    "id": "p11.7.2",
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                    "text": "Additional acknowledgments or contacts from volunteers, staff, or KSU leadership may occur.",
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                {
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                    "text": "For DAF gifts, the sponsoring organization (the legal donor) receives the official gift receipt. The donor advisor receives appropriate thanks and recognition from the Foundation and KSU."
                },
                {
                    "id": "p11.7.4",
                    "order": 15,
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                    "bbox": {
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                    "text": "All donors will be recognized appropriately in publications and online, unless anonymity is requested. Recognition is consistent with donor wishes and approved KSU/Foundation guidelines."
                },
                {
                    "id": "p11.7.5",
                    "order": 16,
                    "type": "list_item",
                    "bbox": {
                        "l": 33.84,
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                    "text": "Significant gifts ($10,000 or more) may be offered special commemorative opportunities per donor recognition guidelines.",
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            "id": "p11.8",
            "order": 17,
            "type": "heading",
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            "text": "Accounting Standards and Reporting",
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            "level": 3
        },
        {
            "id": "p11.9",
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            "type": "heading",
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            "text": "Fundraising and Donor Recognition Purposes:",
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            "level": 3
        },
        {
            "id": "p11.10",
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            "text": "Gifts received by the Foundation for KSU will be reported and credited according to CASE Reporting Standards and Management Guidelines and guidance from the National Association of Charitable Gift Planners."
        },
        {
            "id": "p11.11",
            "order": 20,
            "type": "heading",
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            "text": "Audited Financial Statement Reporting:",
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            "level": 3
        },
        {
            "id": "p11.12",
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            "bbox": {
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            "text": "The KSU Thorobreds Foundation, Inc., will report gifts as prescribed by the Financial Accounting Standards Board (FASB) for non-profit organizations."
        }
    ],
    "excluded_furniture": {
        "first": [],
        "last": []
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