The University of Georgia Foundation Fund Agreements :: Fund Administration :: UGA Foundation

 


Fund Agreements

POLICY: 5.3
Effective Date: 01/01/2004
Last Updated: 03/25/2014
Policy Owner: Coyle, Cindy

A Fund Agreement is created to document the donor(s) gift intent when the donor wishes to restrict the gift and a current fund does not exist for this purpose. The gifts that cannot be deposited into an existing fund of the University of Georgia Foundation are generally used to establish a new fund if certain requirements are met. The fundraisers, or Development Officers, at the University of Georgia will determine this through their work with the donor(s) and/or donor representative(s) at the time the gift is made. The Foundation Accounting Office acts as the facilitator in this process to answer questions and prepare the fund agreements for approval.

The Development Officers work with the donor(s) and/or donor representative(s) to prepare a fund at the time the gift(s) is made. The Office of Financial Services should act as facilitator in this process to answer questions and prepare the fund agreements for approval.

Clauses for proposals, gift agreements, or solicitations that discriminate in favor of or against race, color, religion, nationality, national origin, age, disability, sex, or sexual orientation are prohibited as mandated by federal and state laws and regulations and UGA policy.