{
    "document_id": 16416,
    "page": 7,
    "width_pt": 612,
    "height_pt": 792,
    "rotation": 0,
    "pipeline_version": "paddleocr-vl-1.6+paul-48",
    "engine": "paddleocr_vl",
    "source_run_id": 16527,
    "item_count": 10,
    "counts_by_type": {
        "heading": 1,
        "text": 9
    },
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    "items": [
        {
            "id": "p7.1",
            "order": 1,
            "type": "text",
            "bbox": {
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            "text": "specified in the gift agreement or, in the case of a current use gift, naming terms shall be set forth in writing by the University and the donor. All naming gifts are subject to the terms of revocation as set forth in this Policy."
        },
        {
            "id": "p7.2",
            "order": 2,
            "type": "text",
            "bbox": {
                "l": 86.64,
                "t": 645.36,
                "r": 531.84,
                "b": 574.56
            },
            "text": "Ordinarily, the University requires that at least 75 percent of the commitment must be paid on pledges of $100,000 or more; and 100 percent of the commitment must be paid on pledges of less than $100,000 before proceeding with fulfilling the donor's designation (i.e., filling a chair, providing a scholarship, building construction or establishing a named endowment)."
        },
        {
            "id": "p7.3",
            "order": 3,
            "type": "text",
            "bbox": {
                "l": 86.64,
                "t": 563.76,
                "r": 532.32,
                "b": 492.72
            },
            "text": "Funding for naming opportunities may include gifts of cash, marketable securities, retirement plan assets, and matured bequests. Deferred gifts, such as annuities and charitable remainder trusts where KSU is named as the irrevocable beneficiary, could be used as a portion, but not the only component of such funding if an agreement includes a named entity."
        },
        {
            "id": "p7.4",
            "order": 4,
            "type": "text",
            "bbox": {
                "l": 86.88,
                "t": 481.68,
                "r": 532.56,
                "b": 397.2
            },
            "text": "Because fund minimums may increase between the time donors sign deferred gift agreements and their deaths, donors must be asked to provide for additional assets to be distributed under the terms of their wills or living trusts, if necessary, to meet the relevant fund minimums at the time of their deaths. If this is not possible, such gifts will be used as current restricted gifts, per the donors' wishes for the time period the gifts allow."
        },
        {
            "id": "p7.5",
            "order": 5,
            "type": "text",
            "bbox": {
                "l": 86.64,
                "t": 386.4,
                "r": 541.44,
                "b": 342.48
            },
            "text": "Current naming opportunities and minimum funding levels are set forth in Appendix A (Minimum Gifts and Naming Opportunities). Minimum funding levels for physical naming opportunities are located on pages 8-9 of this policy."
        },
        {
            "id": "p7.6",
            "order": 6,
            "type": "heading",
            "bbox": {
                "l": 87.84,
                "t": 331.44,
                "r": 188.16,
                "b": 316.8
            },
            "text": "a. Endowed Gifts",
            "attrs": {
                "block_label": "paragraph_title"
            },
            "level": 3
        },
        {
            "id": "p7.7",
            "order": 7,
            "type": "text",
            "bbox": {
                "l": 86.88,
                "t": 304.08,
                "r": 536.64,
                "b": 261.12
            },
            "text": "Endowment gifts assure continual support of the donor’s designated purposes by expending amounts from the fund according to the spending formula as determined by the Board of Regents."
        },
        {
            "id": "p7.8",
            "order": 8,
            "type": "text",
            "bbox": {
                "l": 86.88,
                "t": 249.36,
                "r": 540.48,
                "b": 165.36
            },
            "text": "Generally, endowed funds may be named in honor or in memory of a donor or a designated person or entity. All such gifts, if accepted, will be placed in a named endowed fund and will be restricted to comply with the donor’s intent. All funds designated for endowment will be restricted to the purpose and intent of the donor if a designation has been made, and the principal will be preserved to the extent possible."
        },
        {
            "id": "p7.9",
            "order": 9,
            "type": "text",
            "bbox": {
                "l": 87.12,
                "t": 154.56,
                "r": 522.48,
                "b": 111.12
            },
            "text": "Responsibility for management of the endowment funds is delegated to the Vice President for Finance and Administration and the Vice President for Institutional Advancement with oversight responsibilities conducted by"
        },
        {
            "id": "p7.10",
            "order": 10,
            "type": "text",
            "bbox": {
                "l": 87.36,
                "t": 99.84,
                "r": 205.2,
                "b": 84.48
            },
            "text": "the Board of Regents."
        }
    ],
    "excluded_furniture": {
        "first": [],
        "last": []
    }
}