is responsible for the administration of this policy and the divisional procedures that support this policy.
For the purpose of clarity, definitions of terms are as follows:
According to Council for Advancement and Support of Education (CASE) Reporting Standards & Management Guidelines, a gift is “a contribution received by an institution for either unrestricted or restricted use in the furtherance of the institution for which the institution has made no commitment of resources or services other than, possibly, committing to use the gift as the donor specifies.”
A pledge is a signed and dated commitment to make a gift over a specified period, generally more than one year, payable according to terms agreed upon by the donor and University.
The Office of Institutional Advancement (hereafter, “Advancement”) has primary responsibility for all fundraising to benefit the University and any of its programs. Advancement staff members of Kentucky State University solicit current and deferred gifts through annual giving, leadership giving, gift planning, foundation and corporate programs.
Confidentiality shall be maintained for all information garnered by the staff and no information shall be disclosed to anyone except as necessary in administering the gift and in
recognition and publicity mutually agreed upon by the donor and the University.
All University departments, organizations and individuals outside of Advancement must notify and have approval of the Vice President for Institutional Advancement for any efforts being undertaken to raise funds from any alumnus/alumna or friend of the University.
The Gift Acceptance Committee (as defined in Section V), in consultation with necessary staff and administration, will periodically review these policies and make recommendations for revisions to the Committee on Advancement and Alumni Relations of the Board of Regents. Any changes in these written policies require approval of the Board of Regents.