Common use of Gift Acceptance and Acknowledgment Clause in Contracts

Gift Acceptance and Acknowledgment. The Foundation will establish, adhere to, and periodically assess its gift-management and acceptance policies. It will promptly acknowledge and issue receipts for all gifts on behalf of the Foundation and the University and provide appropriate recognition and stewardship of such gifts. If assets are received by the University in lieu of the Foundation, the Foundation will provide appropriate recognition for such gifts when properly notified by the University.

Gift Acceptance and Acknowledgment. The Foundation will establish, adhere to, and periodically assess its gift-gift acceptance and fund management policies and acceptance policiesprocedures, and further ensure that such is consistent with applicable laws. It The Foundation will promptly acknowledge and issue receipts for all gifts on behalf of assets given to the Foundation and the University and provide appropriate recognition and stewardship of such giftssupport. If assets are received by the University in lieu The Chancellor will also be informed within a reasonable time of the Foundation, the Foundation will provide appropriate recognition for such gifts when properly notified by the Universitygift acceptance and acknowledgment occur.

Gift Acceptance and Acknowledgment. The Foundation will establish, adhere to, and periodically assess its gift-gift acceptance and fund management policies and acceptance policiesprocedures. It The Foundation will promptly acknowledge and issue receipts for all gifts on behalf of assets given to the Foundation and the University and provide appropriate recognition and stewardship of such giftssupport. If assets are received by the University in lieu The Chancellor will also be informed within a reasonable time of the Foundation, the Foundation will provide appropriate recognition for such gifts when properly notified by the Universitygift acceptance and acknowledgment occur.

Gift Acceptance and Acknowledgment. The Foundation will establishestablishes, adhere adheres to, and periodically assess assesses its gift-gift acceptance and fund management policies and acceptance policiesprocedures. It will promptly acknowledge The Foundation acknowledges and issue issues receipts for all gifts on behalf of assets given to the Foundation and the University and provide provides appropriate recognition and stewardship of such giftssupport. If assets are received by the University in lieu of BVCC rather than the Foundation, the Foundation will provide provides appropriate recognition for such gifts when properly notified by the UniversityBVCC.