FundSvcs Community

Typically, gift agreements do not need to be approved by the Board. Facility naming, however, often must be approved by a separate body that may include the Board. Therefore, much more often than not a facility naming agreement is separate from a gift agreement. One deals with the money and the other with the name. John John H. Taylor Principal, John H. Taylor Consulting 2604 Sevier St. Durham, NC 27705 johntaylorconsulting@gmail.com 919.816.5903 (cell/text) Serving the Advancement Community Since 1987 On Thu, Mar 28, 2019 at 2:35 PM Sarah Barclay <sbarclay@csusm.edu> wrote: > I’m looking for justification as to why a gift recognition agreement (ie: > document that details the potential naming of a facility with the “if your > name turns to mud” clause) should be separate from a gift agreement > (document that outlines area of support, pledge payment schedule, etc). > This is our current practice and is being called into question by a donor > who would like to see them on one document. > > > > By including the naming guidelines & “out clause” in the gift agreement, > are you establishing a quid pro quo? > > > > I’ve read campus policies that refer to a “naming agreement” as if it is a > separate document, and I’ve also read some gift agreements that include the > naming guidelines and “out clause.” > > > > If you could share why your campus does it one way or the other, that > would be helpful. > > > > Thank you! > > > > *Sarah Barclay* | Donor Relations Coordinator > > University Advancement > > California State University, San Marcos > > 760.750.7305 > > >

I'm looking for justification as to why a gift recognition agreement (ie: document that details the potential naming of a facility with the "if your name turns to mud" clause) should be separate from a gift agreement (document that outlines area of support, pledge payment schedule, etc). This is our current practice and is being called into question by a donor who would like to see them on one document. By including the naming guidelines & "out clause" in the gift agreement, are you establishing a quid pro quo? I've read campus policies that refer to a "naming agreement" as if it is a separate document, and I've also read some gift agreements that include the naming guidelines and "out clause." If you could share why your campus does it one way or the other, that would be helpful. Thank you! Sarah Barclay | Donor Relations Coordinator University Advancement California State University, San Marcos 760.750.7305

Same as what John says below. Our gift agreements in such a situation refer to the naming policy, which outlines the various approvals as well as remediation steps if necessary. If a donor wanted to see it all in one document, I’d engage in some education rather than water down either by combining them. -jsg _____________________ Joshua S. Greenbaum 09B, Executive Director Advancement Information Services Emory University, Advancement & Alumni Engagement 1762 Clifton Road, Office 1456, Atlanta, GA 30322 Office: (404) 712-2020, Fax: (404) 727-4876 josh.greenbaum@emory.edu<mailto:josh.greenbaum@emory.edu> From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG> On Behalf Of John Taylor Sent: Thursday, March 28, 2019 2:41 PM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG Subject: Re: [FUNDSVCS] Facility Naming & Gift Agreement Typically, gift agreements do not need to be approved by the Board. Facility naming, however, often must be approved by a separate body that may include the Board. Therefore, much more often than not a facility naming agreement is separate from a gift agreement. One deals with the money and the other with the name. John John H. Taylor Principal, John H. Taylor Consulting 2604 Sevier St. Durham, NC 27705 johntaylorconsulting@gmail.com<mailto:johntaylorconsulting@gmail.com> 919.816.5903 (cell/text) Serving the Advancement Community Since 1987 On Thu, Mar 28, 2019 at 2:35 PM Sarah Barclay <sbarclay@csusm.edu<mailto:sbarclay@csusm.edu>> wrote: I’m looking for justification as to why a gift recognition agreement (ie: document that details the potential naming of a facility with the “if your name turns to mud” clause) should be separate from a gift agreement (document that outlines area of support, pledge payment schedule, etc). This is our current practice and is being called into question by a donor who would like to see them on one document. By including the naming guidelines & “out clause” in the gift agreement, are you establishing a quid pro quo? I’ve read campus policies that refer to a “naming agreement” as if it is a separate document, and I’ve also read some gift agreements that include the naming guidelines and “out clause.” If you could share why your campus does it one way or the other, that would be helpful. Thank you! Sarah Barclay | Donor Relations Coordinator University Advancement California State University, San Marcos 760.750.7305 ________________________________ This e-mail message (including any attachments) is for the sole use of the intended recipient(s) and may contain confidential and privileged information. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution or copying of this message (including any attachments) is strictly prohibited. If you have received this message in error, please contact the sender by reply e-mail message and destroy all copies of the original message (including attachments).