KSU Gift Acceptance Policy. The formal acceptance of gifts and the management of such contributions must adhere to the procedures outlined in the KSU Gift Acceptance Policy and, where applicable, the KSU Naming Policy.

DEFINITIONS:

External Fundraising

The coordinated effort to seek and secure private gift support from individuals, corporations, foundations, and other external entities for the benefit of Kentucky State University.

KSU Thorobreds Foundation, Inc. (the "Foundation")

The independent, 501(c)(3) charitable organization designated to receive, manage, and disburse philanthropic gifts for the benefit of Kentucky State University, as detailed in the KSU Gift Acceptance Policy.

Institutional Advancement & External Relations

The KSU division responsible for planning, coordinating, and implementing all KSU fundraising programs and for providing support to the KSU Thorobreds Foundation, Inc. in these efforts.

Private Gift Support

Philanthropic contributions, including cash, securities, property, grants (as defined by KSU and differentiated from sponsored research grants in the KSU Gift Acceptance Policy), and gifts-in-kind, made to support the mission and priorities of KSU.

Solicitation

The act of asking or requesting private gift support for KSU. This includes direct requests, proposals, and other communications intended to secure a philanthropic contribution.

PROCESS:

Consultation Required

Any KSU faculty member, staff member, student, or representative of a KSU-affiliated foundation who intends to solicit private gift support on behalf of KSU must first consult with and receive guidance from the Office of Institutional Advancement & External Relations prior to any solicitation efforts.

Coordination of Fundraising Efforts

The Office of Institutional Advancement & External Relations is responsible for the overall strategy, coordination, and oversight of external fundraising activities. This includes, but is not limited to, prospect identification, cultivation strategies, the solicitation process, and donor stewardship, to ensure a consistent and effective approach that aligns with KSU priorities.

Compliance with KSU Policies

All external fundraising activities must be conducted in strict compliance with this External Fundraising Policy, the KSU Gift Acceptance Policy, and the KSU Naming Policy. This includes all procedures related to gift acceptance, processing, documentation, donor recognition, and any commitments concerning naming opportunities.