Morgan Community College

Gift Acquisitions

CP 6-40 

Policy

 The College recognizes the generosity of groups and individuals who may wish to make gifts to the College. It seeks only (1) to control the acceptance of gifts consistent with the objectives of the institution and the programs it has established to obtain these objectives; (2) relate these gifts to plans that have been made to acquire equipment through normal purchase planning from budget funds.

Solicitation of gifts to the college will be coordinated through the President's office.

Procedure

 Money
  1. When possible, all gifts and donations should be paid to Morgan Community College Foundation.
  2. Arrangements for the acceptance of funds to provide scholarships and grants for Morgan Community College students may be made with the Morgan Community College Foundation.
  3. Arrangements for the acceptance of other gifts of money may be made with the College President or other appropriate college official.
  4. In all cases, the donor and any specific conditions established by the donor, should be clearly recorded and information given to those who should have it.

Equipment and Supplies

  1. Arrangements for the acceptance of gifts of equipment and supplies must be made with the President.
  2. The decision as to whether or not to accept a gift of equipment and supplies will be made by the President after consultation with all interested parties.

Other Gifts

Arrangements for the acceptance of gifts other than money, equipment, and supplies should be initiated with the College President.

 

Table of Contents