1 / 11

Public Gifts/Donations Policy and Regulation Office of Engagement Revised January 7, 2013

Public Gifts/Donations Policy and Regulation Office of Engagement Revised January 7, 2013. Policy Overview. Public Gifts/Donations Policy (KCD) and Administrative Regulations (KCD-RA) Previously board rule 909.4 Purpose of policy:

sana
Download Presentation

Public Gifts/Donations Policy and Regulation Office of Engagement Revised January 7, 2013

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Public Gifts/Donations Policy and RegulationOffice of EngagementRevised January 7, 2013

  2. Policy Overview • Public Gifts/Donations Policy (KCD) and Administrative Regulations (KCD-RA) • Previously board rule 909.4 • Purpose of policy: • Provide clear guidance for the acceptance of gifts and donations • Distinguish between different types and levels of donations • Establish clear standards for what is acceptable • Establish a simple reporting process for donations • Ensure gifts receive proper acknowledgement

  3. Receiving & Accepting Gifts Principals or department heads are not obligated to accept any gift or donation CEO must refuse gifts when funds are raised in a way deemed incompatible with the mission of City Schools All gifts must meet the standards of acceptance (when applicable)

  4. Receiving & Accepting Gifts $1 - $250 Principal/Dept. Head determines if gift meets the standards of acceptance Principal/Dept. Head accepts without further approval Principal/Dept. Head encouraged to record through online Donation Reporting Tool or keep record at school (all monetary donations must be entered online) Principal/Dept. Head encouraged to acknowledge $251 - $2,499 Principal/Dept. Head determines if gift meets the standards of acceptance Principal/Dept. Head accepts without further approval Principal/Dept. Head records gift through online Donation Reporting Tool Principal/Dept. Head encouraged to acknowledge

  5. Receiving & Accepting Gifts $2,500+ Principal/Dept. Head records through online Donation Reporting Tool (Office of Engagement available to assist) CEO/designee determines if gift meets the standards of acceptance CEO/designee accepts the gift pending Board approval Board approves and acknowledges

  6. Standards of Acceptance Defines what donations meet technical, safety or programmatic requirements and are beneficial to City Schools and its students. Teaching/Learning, Humanities – for textbooks, books, educational supplies, musical instruments Information Technology – for computers and technology equipment Student Support – for physical education/athletic equipment Facilities – for improvements to buildings and grounds

  7. Acceptance & Recognition • All gifts over $2,500 are formally accepted and acknowledged by the Board (often at Board meetings) • Donors can request acknowledgements or remain anonymous • Donations do not constitute advertising • Requests are made through the online Donation Reporting Tool • Schools and district offices are encouraged to recognize and celebrate donors • Donors are considered for recognition at district Partnership Appreciation Breakfast • Donors may opt-in for district website promotion when gifts exceed $2,500

  8. Reporting Gifts • All gifts should be recorded using the online Donation Reporting Tool • Link on City Schools Inside (bottom left) http://www.baltimorecityschools.org/Page/20983 • Identify donor, gift and estimated value

  9. Reporting Gifts • All monetary gifts must be entered • Gifts at and above $2,500 must be reported and approved by the Board (acceptance pending Board approval) • Gifts received by separate entities on behalf of schools/departments are NOT required to report gifts(i.e. alumni associations, school foundations) • If estimating the value of volunteer time, find calculation suggestions at www.independentsector.org ($21.79 was estimated rate for 2011)

  10. Processing Financial Gifts • Schools • Schools should deposit funds into their school activity fund when donors specifically designate their gift for student use • All other gifts should be sent to City Schools Controller, along with the Transmittal Slip and the desired account string • District Departments • All gifts should be sent to Michael Heaney, Financial Analyst, along with the Transmittal Slip and the desired account string • Note: Fiscal Management Dept. (CFO) prefers for all donations to be made by check

  11. Additional Information • For employee gifts and other issues not addressed in this policy, please refer to the Code of Ethics policy (BCA) • Please share any suggestions for revision with Office of Engagement • Improved Donation Reporting Tool launched Nov. 2012

More Related