Donor intent may be manifested in a donor’s directions for how a gift is to be used to benefit the University. The University will fulfill a donor’s specified gift intent to the extent it is legal, consistent with the University’s stated academic mission, purposes and priorities, and capable of being performed.
The University may accept restricted gifts for certain purposes. Generally, the designated purpose should be described broadly and detailed restrictions avoided. The language used in creating such a gift should provide sufficient flexibility for the KSU Foundation and/or University to apply the gift to some other purpose if the designated purpose is no longer feasible.
The University has the absolute right to accept or refuse any gift for reasons that it deems prudent and in its best interest. The University will not accept gifts that are inconsistent with its academic mission, illegal, or would threaten the University’s tax-exempt status.
Donors should be encouraged to make unrestricted gifts with any asset transferred to the University. Unrestricted gifts from private sources for current operations shall be processed
Advancement team members must communicate with the prospective donor and document in writing their understanding of the donor's intention. If a donor has made either an outright or deferred gift with a restriction that has not been previously communicated to the University, Advancement shall work with the donor or, if deceased, with known family members, to determine a feasible way to carry out the donor's intention.