Gift Acceptance

Role:

The Gift Acceptance Committee shall develop policies, guidelines, and procedures regarding the terms of acceptance of trust gifts, charitable gift annuities, bargain sales, and gifts of assets which are not readily marketable to be presented to the Board for approval.

Responsibilities:

Assist donors who wish to support the University in the form of a gift.
Provide due diligences steps prior to accepting a gift of real property (in addition to reviewing the appraisal provided by the donor).
Identify and recommend vendors of third party services needed to complete the due diligence required by the committee.
The committee will be responsible for the completion of the due diligence and shall normally be the point of contact for the third party vendor during the contract performance, provided there are no change orders increasing the contractual obligation of the Foundation.

Members:

Michael Sullivan, Chairman

Michael Bogert		Laine Meyer, Chairman
Carl Berry		Richard Allen, Vice Chairman
Michael Fery		Chris Murray (University)
Karen Gowland		Ron Smith (University)
William Kearns		Nancy McDaniel (Foundation)
Dough Oppenheimer		Joy Fisher (Foundation)
Pete McDonald		Shawna Lindquist (Foundation)
Jeff Stoddard