Number: 3.45

Title: Fundraising and Donations

Effective date: November 2020

Supersedes: 3.402 Fundraising, 3.403R Donations

Dated: January 2010 November 2014

The school may initiate additional fundraising activities or receive unsolicited donations. Any major school fundraising activity shall be initiated jointly by the Board of Trustees and the Head of School and implemented and coordinated by the Alumni Relations and Development Office under the direction and supervision of the Admissions and Advancement Office and the Head of School. The school carries out and monitors its fundraising activities to ensure conformity with the school's mission, values and reputation. All solicitations of funds or in-kind gifts carried out by students, staff or student organizations in the name of the school or any of its organizations, must be approved by the Alumni Relations and Development Office under the supervision of the Admissions and Advancement Office.

The Alumni Relations and Development Office similarly coordinates any unsolicited donations. Significant donations are subject to the approval and oversight of the Head of School, including any agreements with a donor restricting the use of a donation for a specified purpose. Significant donations include any donation valued at 5,000 Euros or above. The Head of School shall report any significant donation to the Board of Trustees and discuss with the Board of Trustees any restrictions on the use of the donation, and any concerns about the values, interests or reputation of the donor. A donation from a person or organization with known values or interests that conflict with the school’s stated mission and beliefs will not be accepted by the school. Upon approval by the Board of Trustees, the school may name spaces, buildings or endowments in recognition of large donations meeting specified gift levels established by the Alumni Relations and Development Office.

Cross-Reference:

Policy 8.702, Student Activities Funds and Fundraising