Good afternoon,
We are seeing an increase in agreements that include "cloud credits". For example, we recently received an agreement that included $70K in cash and $20K in cloud credits. I have always been under the impression that the cloud credits or compute portion can't be counted in our fundraising totals and are not considered GIKs because they can only be used on the platform of the company giving the credits. I'm getting pushback to re-visit this from our Corporate and Foundations area which are seeing more and more agreements that include this. Has anything changed in this realm? Am I incorrect.in assuming these don't qualify as a charitable donation?
Would value your thoughts and feedback if other universities are seeing more of these types of agreements.
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Diane Pierce
Cornell University
dmp296@cornell.edu------------------------------