Any university department, team, or group sponsoring a fundraising event should contact the Office of Institutional Advancement for guidance and support in advance of the event.

It is the responsibility of the department, team, or group to submit to the Office of Institutional Advancement information on the fair market value of any benefits or premiums provided to the donor in exchange for their contribution to the University. Any printed or web-based materials (including email) advertising the event must contain language about the full market value of the event.

All charitable gifts, including participation in an event, outing, or other sponsorship for the University are processed through the Office of Institutional Advancement. Checks must be made payable to Kentucky State University in order to provide a charitable gift receipt to donors. Gifts of cash or check must be delivered to the Office of Institutional Advancement after the event in a timely fashion.

VIII. ASSETS FOR MAKING A GIFT

Donors shall be encouraged to secure independent expert advice in advance of making a gift. All financial information obtained from a donor will be kept confidential. The University will work closely with the donor to ensure that the donor’s intent is clear and acceptable to both parties.

Cash

• a.Cash or Check – Donors may choose to direct a contribution of cash or a check to the University.
• b.Credit Cards – VISA, MasterCard, Discover Card or American Express credit cards can be used to initiate a gift to the University.
• c.Bank Drafts – Donors may elect to electronically debit their checking or savings account.
• d.Foreign Currency – Foreign currency and US dollars drawn on foreign banks maybe treated as gifts. The donor will receive credit in US dollars for the amount at which the gift is valued based on exchange rates in effect on the day of receipt.
• e.Wire Transfers – A donor may wish to initiate a wire transfer to facilitate a gift to the University.
• f.Publicly traded securities – Gifts of securities to the University are accepted through an approved Depository Trust Company (DTC), through the donor’s own broker, or by registered mail. Once the securities are transferred, it is the policy of