Fund Management. No gift shall be accepted that (1) represents an unreasonable burden to the Foundation, (2) would result in, or create the appearance of, any private benefit, or (3) would limit, or tend to limit, the overall strength of the Foundation. It will be the responsibility of the donor to secure an appraisal (where applicable) and independent legal counsel for all gifts to the Foundation. The Foundation may elect to consult its legal counsel before accepting a gift. Acknowledgement of all gifts made to the Foundation and compliance with the current IRS requirements for receipting and/or for maintaining or disposing of such gifts shall be the responsibility of the IEEE Development Office.
Appears in 5 contracts
Samples: Service Agreement, Service Agreement, Service Agreement
