Environmental assessment (Phase I audit typically required, potentially Phase II) to ensure no environmental liabilities. Costs are typically borne by the donor.

Qualified appraisal provided by the donor.

Title search.

Assessment of marketability, carrying costs (taxes, insurance, maintenance — responsibility for these pre- and post-gift must be clear), restrictions, easements, and potential for use by KSU.

Property with mortgages or other significant indebtedness will generally not be accepted.

Gifts received by the Foundation based on a donor's recommendation from a DAF are welcomed.

The gift is from the DAF sponsoring organization, but the donor advisor is acknowledged for recognition purposes, including for endowment funding levels.

Donors may not receive benefits beyond “incidental” ones (e.g., small logo items) in connection with DAF gifts, per IRS rules. Prohibited benefits include tickets, event tables, and auction items.

Direct transfers from a donor's traditional or Roth IRA to the Foundation are accepted.

Acknowledged by the Foundation as required by the IRS, noting no tax deduction is available to the donor for a QCD. Valued at face value on the date of transfer.

Cannot be directed to a DAF or used for life income gifts (e.g., CGAs, CRTs).

Donors may not receive more than an incidental benefit.

May be accepted by the Foundation after due diligence regarding transferability and liquidation capabilities.

Requires approval from the KSU President (or a joint KSU-Foundation review committee) in addition to Foundation acceptance.

Treated as property by the IRS. Gifts of $5,000 or more require a qualified appraisal obtained by the donor for their tax deduction.

Converted to U.S. dollars by the Foundation as quickly as administratively possible upon receipt.

Gift is complete upon successful transfer to, and acceptance by, the Foundation.