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Part 4. Personnel Policies

Section I. General Personnel Policies

N. Development/Fund Raising

The Development Office should be apprised of any/all solicitation of funds from the external community for any University-related activities. Funds raised in support of Idaho State University programs should be routed through the Development Office and the Financial Services Office to assure:

1. that adequate records are maintained for each gift;

2. to the donor that each tax deductible gift is recognized by Idaho State University;

3. that each gift is used for the purposes designated by the donor;

4. that the gift record can be audited by the university auditors and the Internal Revenue Service auditors; and

5. maintenance of a data management system that provides consistent recognition of donors and complete donor records for purposes of an annual report.

Gifts will be recorded, receipted, and acknowledged in the Development Office, with copies being sent to appropriate organizations. Gifts of cash or securities will be deposited in the Financial Services Office in either a University or a Foundation account of the donor's designation and in accordance with the administrative description outlined by the donor. Investment of the endowment funds will be under the direction of the Financial Vice President as treasurer for the ISU Foundation. The control or designation as to how the funds are utilized to develop the programs or further the goals of each organization remain strictly within the purview of each organization.