913 - Gifts, Grants, and Bequests

SCHOOL - COMMUNITY RELATIONS

Series 900

 

Policy Title: Gifts, Grants, and Bequests Code No.: 913

The board believes gifts, grants, and bequests to the district may be accepted when they will further the interests of the district. The board shall have sole authority to determine whether the gift furthers the interests of the district.

Gifts, grants, and bequests shall be approved by the board in advance of the item being delivered to the school. Once it has been approved by the board, the superintendent/designee may accept the gift on behalf of the district.

 

The business office, in consultation with the donor and other knowledgeable individuals, shall establish the fair market value for a gift of property or equipment. After the district has taken possession of the property or equipment, a letter shall be sent to the donor informing them of the fair market value.

Date of Adoption/Review/Revision:

August, 1996

June 1998

June 1999

June 2002

June 2005

June 2008

December 2011

September 2014

September 2017

May 2022