KENTUCKY STATE UNIVERSITY POLICIES AND PROCEDURES

GIFT ACCEPTANCE AND DONOR RECOGNITION

1. Policy

The purpose of this document is to give the University a standardized procedural approach to fundraising, the proper valuation of gifts and donor recognition. All members of the University community are expected to know and follow the policies, procedures and guidelines contained in this document. Therefore, all members of the University community should become familiar with its contents.

Three key points should be emphasized:

1. All members of the University community are expected to obtain approval before any and all formal and/or informal gift solicitations from the Vice President for Institutional Advancement and/or the President of the University, or their designee, prior to making any such contact with current or prospective donors (this includes individuals, corporations, foundations and government bodies).
2. If, on behalf of the University, any member of the University community receives any gift to the University (including but not limited to cash, checks, securities, property, or other items) it is essential that the Office of Institutional Advancement be notified immediately. It is also essential that all letters, certificates, or other documents relating to such gifts, including the envelope in which it arrived with post-marks intact, be saved and forwarded to the Office of Institutional Advancement. This is to ensure that all gifts are credited to the appropriate University account, and to further ensure that the University complies with all legally mandated gift acknowledgement procedures.
3. If you have any questions, please contact the Office of Institutional Advancement at (502) 597-6760 or advancement@kysu.edu.

Thank you for your cooperation.

Office of Institutional Advancement Kentucky State University ASB, 261 400 E. Main St. Frankfort, KY 40601

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