FundSvcs Community

I wondered if anyone had a particular policy or wording in a gift acceptance policy that deals with gifts and/or grants from foreign entities? Thanks for your help. Kathy Kathleen E. Stuber Assistant Vice President for Advancement Services Division of University Advancement University at Buffalo 1010 Kimball Towers Buffalo, NY 14214 716-881-7492 BOLDLY BUFFALO<http://www.buffalo.edu/campaign> THE CAMPAIGN FOR UB<http://www.buffalo.edu/campaign> buffalo.edu/campaign<http://www.buffalo.edu/campaign> buffalo.edu/alumni<http://www.buffalo.edu/alumni>

Thanks. From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG> On Behalf Of John Taylor Sent: July 08, 2019 1:45 PM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG Subject: Re: [FUNDSVCS] policy regarding gifts or grants from foreign entities Kathleen, the only specific language I have seen pertains to the exclusion of gifts from foreign governments - as well as how you will handle foreign currency conversion. I am not sure you really need to add much more! 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 Mon, Jul 8, 2019 at 1:41 PM Stuber, Kathleen <kstuber@buffalo.edu<mailto:kstuber@buffalo.edu>> wrote: I wondered if anyone had a particular policy or wording in a gift acceptance policy that deals with gifts and/or grants from foreign entities? Thanks for your help. Kathy Kathleen E. Stuber Assistant Vice President for Advancement Services Division of University Advancement University at Buffalo 1010 Kimball Towers Buffalo, NY 14214 716-881-7492 BOLDLY BUFFALO<http://www.buffalo.edu/campaign> THE CAMPAIGN FOR UB<http://www.buffalo.edu/campaign> buffalo.edu/campaign<http://www.buffalo.edu/campaign> buffalo.edu/alumni<http://www.buffalo.edu/alumni>

Thanks. From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG> On Behalf Of John Taylor Sent: July 08, 2019 1:45 PM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG Subject: Re: [FUNDSVCS] policy regarding gifts or grants from foreign entities Kathleen, the only specific language I have seen pertains to the exclusion of gifts from foreign governments - as well as how you will handle foreign currency conversion. I am not sure you really need to add much more! 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 Mon, Jul 8, 2019 at 1:41 PM Stuber, Kathleen <kstuber@buffalo.edu<mailto:kstuber@buffalo.edu>> wrote: I wondered if anyone had a particular policy or wording in a gift acceptance policy that deals with gifts and/or grants from foreign entities? Thanks for your help. Kathy Kathleen E. Stuber Assistant Vice President for Advancement Services Division of University Advancement University at Buffalo 1010 Kimball Towers Buffalo, NY 14214 716-881-7492 BOLDLY BUFFALO<http://www.buffalo.edu/campaign> THE CAMPAIGN FOR UB<http://www.buffalo.edu/campaign> buffalo.edu/campaign<http://www.buffalo.edu/campaign> buffalo.edu/alumni<http://www.buffalo.edu/alumni>

For those unfamiliar, the foreign gift reporting requirement mentioned in this document stems from the 1965 Higher Education Act. It only applies to institutions participating in a Title IV student assistance program. It's probably a good idea to know of this requirement. However, I tend to see compliance handled by either the Business Office or Financial Aid - not usually the Advancement Office. 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 Fri, Jul 12, 2019 at 9:09 AM Tracy Forkin <Tracy.Forkin@jwu.edu> wrote: > Sorry for the late response. Here is what we have in place. > > > > Tracy > > > > *From:* Advancement Services Discussion List < > FUNDSVCS@LISTSERV.FUNDSVCS.ORG> *On Behalf Of *Stuber, Kathleen > *Sent:* Monday, July 08, 2019 1:41 PM > *To:* FUNDSVCS@LISTSERV.FUNDSVCS.ORG > *Subject:* [FUNDSVCS] policy regarding gifts or grants from foreign > entities > > > > *WARNING:* This email originated from *outside* of Johnson & Wales > University. > *Do not click links or open attachments* unless you recognize the sender > & are expecting the message. > > I wondered if anyone had a particular policy or wording in a gift > acceptance policy that deals with gifts and/or grants from foreign entities? > > > > Thanks for your help. > > > > Kathy > > > > *Kathleen E. Stuber* > Assistant Vice President for Advancement Services > Division of University Advancement > > University at Buffalo > > 1010 Kimball Towers > > Buffalo, NY 14214 > > 716-881-7492 > > > > > *BOLDLY BUFFALO > <https://clicktime.symantec.com/3u569rkkZbrM6T8RpY4hVd7Vc?u=http%3A%2F%2Fwww.buffalo.edu%2Fcampaign>* > > *THE CAMPAIGN FOR UB > <https://clicktime.symantec.com/3u569rkkZbrM6T8RpY4hVd7Vc?u=http%3A%2F%2Fwww.buffalo.edu%2Fcampaign>* > > > > buffalo.edu/campaign > <https://clicktime.symantec.com/3u569rkkZbrM6T8RpY4hVd7Vc?u=http%3A%2F%2Fwww.buffalo.edu%2Fcampaign> > > buffalo.edu/alumni > <https://clicktime.symantec.com/3Kry8PbveMRwQupaqieM91G7Vc?u=http%3A%2F%2Fwww.buffalo.edu%2Falumni> > > >

Sorry for the late response. Here is what we have in place. Tracy From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG> On Behalf Of Stuber, Kathleen Sent: Monday, July 08, 2019 1:41 PM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG Subject: [FUNDSVCS] policy regarding gifts or grants from foreign entities WARNING: This email originated from outside of Johnson & Wales University. Do not click links or open attachments unless you recognize the sender & are expecting the message. I wondered if anyone had a particular policy or wording in a gift acceptance policy that deals with gifts and/or grants from foreign entities? Thanks for your help. Kathy Kathleen E. Stuber Assistant Vice President for Advancement Services Division of University Advancement University at Buffalo 1010 Kimball Towers Buffalo, NY 14214 716-881-7492 BOLDLY BUFFALO<https://clicktime.symantec.com/3u569rkkZbrM6T8RpY4hVd7Vc?u=http%3A%2F%2Fwww.buffalo.edu%2Fcampaign> THE CAMPAIGN FOR UB<https://clicktime.symantec.com/3u569rkkZbrM6T8RpY4hVd7Vc?u=http%3A%2F%2Fwww.buffalo.edu%2Fcampaign> buffalo.edu/campaign<https://clicktime.symantec.com/3u569rkkZbrM6T8RpY4hVd7Vc?u=http%3A%2F%2Fwww.buffalo.edu%2Fcampaign> buffalo.edu/alumni<https://clicktime.symantec.com/3Kry8PbveMRwQupaqieM91G7Vc?u=http%3A%2F%2Fwww.buffalo.edu%2Falumni>

Interesting. At Duke and NC State my Business Office told me to mind my own business :-). No, seriously, I asked and was told that they had GL triggers in place to alert them automatically. 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 Fri, Jul 12, 2019 at 12:30 PM Tracy Forkin <Tracy.Forkin@jwu.edu> wrote: > Thanks for clarifying, John. I was asked to create this document for our > auditors. Basically, it is my responsibility to notify the Finance office > when we receive gifts of this nature. > > > > Tracy > > > > *From:* Advancement Services Discussion List < > FUNDSVCS@LISTSERV.FUNDSVCS.ORG> *On Behalf Of *John Taylor > *Sent:* Friday, July 12, 2019 12:03 PM > *To:* FUNDSVCS@LISTSERV.FUNDSVCS.ORG > *Subject:* Re: [FUNDSVCS] policy regarding gifts or grants from foreign > entities > > > > *WARNING:* This email originated from *outside* of Johnson & Wales > University. > *Do not click links or open attachments* unless you recognize the sender > & are expecting the message. > > For those unfamiliar, the foreign gift reporting requirement mentioned in > this document stems from the 1965 Higher Education Act. It only applies to > institutions participating in a Title IV student assistance program. > > > > It's probably a good idea to know of this requirement. However, I tend to > see compliance handled by either the Business Office or Financial Aid - not > usually the Advancement Office. > > > > 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 Fri, Jul 12, 2019 at 9:09 AM Tracy Forkin <Tracy.Forkin@jwu.edu> wrote: > > Sorry for the late response. Here is what we have in place. > > > > Tracy > > > > *From:* Advancement Services Discussion List < > FUNDSVCS@LISTSERV.FUNDSVCS.ORG> *On Behalf Of *Stuber, Kathleen > *Sent:* Monday, July 08, 2019 1:41 PM > *To:* FUNDSVCS@LISTSERV.FUNDSVCS.ORG > *Subject:* [FUNDSVCS] policy regarding gifts or grants from foreign > entities > > > > *WARNING:* This email originated from *outside* of Johnson & Wales > University. > *Do not click links or open attachments* unless you recognize the sender > & are expecting the message. > > I wondered if anyone had a particular policy or wording in a gift > acceptance policy that deals with gifts and/or grants from foreign entities? > > > > Thanks for your help. > > > > Kathy > > > > *Kathleen E. Stuber* > Assistant Vice President for Advancement Services > Division of University Advancement > > University at Buffalo > > 1010 Kimball Towers > > Buffalo, NY 14214 > > 716-881-7492 > > > > > *BOLDLY BUFFALO > <https://clicktime.symantec.com/3u569rkkZbrM6T8RpY4hVd7Vc?u=http%3A%2F%2Fwww.buffalo.edu%2Fcampaign>* > > *THE CAMPAIGN FOR UB > <https://clicktime.symantec.com/3u569rkkZbrM6T8RpY4hVd7Vc?u=http%3A%2F%2Fwww.buffalo.edu%2Fcampaign>* > > > > buffalo.edu/campaign > <https://clicktime.symantec.com/3u569rkkZbrM6T8RpY4hVd7Vc?u=http%3A%2F%2Fwww.buffalo.edu%2Fcampaign> > > buffalo.edu/alumni > <https://clicktime.symantec.com/3Kry8PbveMRwQupaqieM91G7Vc?u=http%3A%2F%2Fwww.buffalo.edu%2Falumni> > > > >

Thanks for clarifying, John. I was asked to create this document for our auditors. Basically, it is my responsibility to notify the Finance office when we receive gifts of this nature. Tracy From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG> On Behalf Of John Taylor Sent: Friday, July 12, 2019 12:03 PM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG Subject: Re: [FUNDSVCS] policy regarding gifts or grants from foreign entities WARNING: This email originated from outside of Johnson & Wales University. Do not click links or open attachments unless you recognize the sender & are expecting the message. For those unfamiliar, the foreign gift reporting requirement mentioned in this document stems from the 1965 Higher Education Act. It only applies to institutions participating in a Title IV student assistance program. It's probably a good idea to know of this requirement. However, I tend to see compliance handled by either the Business Office or Financial Aid - not usually the Advancement Office. 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 Fri, Jul 12, 2019 at 9:09 AM Tracy Forkin <Tracy.Forkin@jwu.edu<mailto:Tracy.Forkin@jwu.edu>> wrote: Sorry for the late response. Here is what we have in place. Tracy From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG>> On Behalf Of Stuber, Kathleen Sent: Monday, July 08, 2019 1:41 PM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG> Subject: [FUNDSVCS] policy regarding gifts or grants from foreign entities WARNING: This email originated from outside of Johnson & Wales University. Do not click links or open attachments unless you recognize the sender & are expecting the message. I wondered if anyone had a particular policy or wording in a gift acceptance policy that deals with gifts and/or grants from foreign entities? Thanks for your help. Kathy Kathleen E. Stuber Assistant Vice President for Advancement Services Division of University Advancement University at Buffalo 1010 Kimball Towers Buffalo, NY 14214 716-881-7492 BOLDLY BUFFALO<https://clicktime.symantec.com/3u569rkkZbrM6T8RpY4hVd7Vc?u=http%3A%2F%2Fwww.buffalo.edu%2Fcampaign> THE CAMPAIGN FOR UB<https://clicktime.symantec.com/3u569rkkZbrM6T8RpY4hVd7Vc?u=http%3A%2F%2Fwww.buffalo.edu%2Fcampaign> buffalo.edu/campaign<https://clicktime.symantec.com/3u569rkkZbrM6T8RpY4hVd7Vc?u=http%3A%2F%2Fwww.buffalo.edu%2Fcampaign> buffalo.edu/alumni<https://clicktime.symantec.com/3Kry8PbveMRwQupaqieM91G7Vc?u=http%3A%2F%2Fwww.buffalo.edu%2Falumni>

Thanks you all… From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG> On Behalf Of Tracy Forkin Sent: July 12, 2019 12:30 PM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG Subject: Re: [FUNDSVCS] policy regarding gifts or grants from foreign entities Thanks for clarifying, John. I was asked to create this document for our auditors. Basically, it is my responsibility to notify the Finance office when we receive gifts of this nature. Tracy From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG>> On Behalf Of John Taylor Sent: Friday, July 12, 2019 12:03 PM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG> Subject: Re: [FUNDSVCS] policy regarding gifts or grants from foreign entities WARNING: This email originated from outside of Johnson & Wales University. Do not click links or open attachments unless you recognize the sender & are expecting the message. For those unfamiliar, the foreign gift reporting requirement mentioned in this document stems from the 1965 Higher Education Act. It only applies to institutions participating in a Title IV student assistance program. It's probably a good idea to know of this requirement. However, I tend to see compliance handled by either the Business Office or Financial Aid - not usually the Advancement Office. 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 Fri, Jul 12, 2019 at 9:09 AM Tracy Forkin <Tracy.Forkin@jwu.edu<mailto:Tracy.Forkin@jwu.edu>> wrote: Sorry for the late response. Here is what we have in place. Tracy From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG>> On Behalf Of Stuber, Kathleen Sent: Monday, July 08, 2019 1:41 PM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG<mailto:FUNDSVCS@LISTSERV.FUNDSVCS.ORG> Subject: [FUNDSVCS] policy regarding gifts or grants from foreign entities WARNING: This email originated from outside of Johnson & Wales University. Do not click links or open attachments unless you recognize the sender & are expecting the message. I wondered if anyone had a particular policy or wording in a gift acceptance policy that deals with gifts and/or grants from foreign entities? Thanks for your help. Kathy Kathleen E. Stuber Assistant Vice President for Advancement Services Division of University Advancement University at Buffalo 1010 Kimball Towers Buffalo, NY 14214 716-881-7492 BOLDLY BUFFALO<https://clicktime.symantec.com/3u569rkkZbrM6T8RpY4hVd7Vc?u=http%3A%2F%2Fwww.buffalo.edu%2Fcampaign> THE CAMPAIGN FOR UB<https://clicktime.symantec.com/3u569rkkZbrM6T8RpY4hVd7Vc?u=http%3A%2F%2Fwww.buffalo.edu%2Fcampaign> buffalo.edu/campaign<https://clicktime.symantec.com/3u569rkkZbrM6T8RpY4hVd7Vc?u=http%3A%2F%2Fwww.buffalo.edu%2Fcampaign> buffalo.edu/alumni<https://clicktime.symantec.com/3Kry8PbveMRwQupaqieM91G7Vc?u=http%3A%2F%2Fwww.buffalo.edu%2Falumni>