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Frequently Asked Questions
Q: Why do I need to request approval to accept a gift?
A: There are many issues to assess when a donor offers a gift-in-kind. These include: usefulness of gift, maintenance needs, costs involved, associated risks, etc. As a result, organizational units must consult with the CU System Office of Advancement before agreeing to accept a donation of a gift-in-kind.
A: There are many issues to assess when a donor offers a gift-in-kind. These include: usefulness of gift, maintenance needs, costs involved, associated risks, etc. As a result, organizational units must consult with the CU System Office of Advancement before agreeing to accept a donation of a gift-in-kind.
Q: Are there related resources on how/when to use this form?
A: Yes! See the Accounting Handbook Gifts-in-Kind procedures for additional details.
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