6150 Gifts and Bequests

Policy Type: 

The Board of Trustees is duly appreciative of public interest in and good will toward the College manifested through gifts and bequests.

All monetary gifts and donations will be processed through the Office of Development before being deposited to the HFC Foundation.

All gifts-in-kind or monetary gifts with restrictions to the College will be coordinated through the Office of Development in conjunction with the unit designated to receive the gift, as well as the President and President's Cabinet when necessary prior to acceptance.

The Board reserves the right not to accept gifts that involve financial commitments or other obligations disproportionate to the usefulness of the gift.

Adopted Date: 
Monday, February 20, 1995
Board Approved