Number: 3.403R
Title: Donations
Effective date: November 2014
Replaces: 3.403R, January 2009
A donation is an investment in the school and is an opportunity for the donor to support the mission of the school, as well as an opportunity for the school to further its relationship with the donor.
Every donation shall receive a thank you from the receiving party. Large donations shall be recognized by the Head of School, and reported to the Board of Trustees.
Donations shall be reviewed by the Head of School and if the donation is from a person or organization with known values or interests that conflict with FIS values or interests, it must be discussed with the Board of Trustees before acceptance.
If the purpose of the gift is not designated by the donor, it will be considered an unrestricted gift and the school will be allowed to determine how the funds will be used to support FIS students and programs.
Designated or special-purpose gifts must be allocated toward the purpose specified by the donor. Only with the written consent of the donor can the designation of a gift be changed for another purpose.
Donors of designated donations or donations to special fund-raising projects shall receive follow-up correspondence from the school about the use of the gift.
The appropriate tax receipt, as specified by German law, will be issued to the donor.
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