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Article 41 - Gifts From The Public
| Section 41.1 | Policy |
| Section 41.2 | Acceptance or Rejection of Gifts |
Article 41
GIFTS FROM THE PUBLIC
Adopted 1/15/02
It shall be the policy of the District to accept a gift, provided it is made within the statutory authority granted to school Districts and receives the approval of the Board of Education.
Section 41.2 Acceptance or Rejection of Gifts
(A) In determining whether to accept or reject a gift, the Board of Education will review the following factors:
(1) The terms of the gift must identify:
(a) the subject of the gift;
(b) the purpose of the gift;
(c) the beneficiary or beneficiaries (if any); and
(d) all conditions or restrictions that may apply.
(2) The gift must not benefit a particular or named individual or individuals.
(3) If the purpose of the gift is an award to a single student, the determination of the recipient of such award shall be made on the basis that all students shall have an equal opportunity to qualify for it and shall not be denied its receipt on the basis of any factor which may not lawfully be used as a basis for a decision.
(4) If the gift is in trust, the obligation of the investment and reinvestment of the principal shall be clearly specified and the application of the income or investment proceeds shall be clearly set forth. No gift or trust will be accepted by the Board unless:
(a) it is in support of and a benefit to all or to a particular public school in the District; or
(b) it is for a purpose for which the school District could legally expend its own funds; or
(c) it is for the purpose of awarding scholarships to students graduating from the District.
(B) Any gift rejected by the Board of Education shall be returned to the donor or his/her estate within 60 days together with a statement indicating the reasons for the rejection of such gift.