Good afternoon,
I realize there are restrictions on scholarships, and one cannot be given gift credit for monies received for a scholarship of which they have a deciding factor on the recipient.
I've got a couple other situations that have arose recently, and I am questioning whether or not these should be processed as gifts.
- A campus member sent out an e-mail advising anyone interested in helping with another member's medical bills to gift money to their discretionary fund. It goes to that discretionary fund and then most likely to that individual, with whom most of the contributors work.
- We have a regular donor that writes a check to a specific department and usually for a very specific amount, and is designates the monies for things such as carpeting or furniture. He has no vested interested in where any of these things are purchased.
Are either of these not considered gifts for any reason?
If the answer is that one or both of these should not be considered gifts, where is the line drawn? If, for example, someone writes a check to biology to purchase a microscope, can they specify the microscope (not vendor)? I can see this snowballing into endless examples, so I'll leave it at that.
Thank you.
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| Denise Mattie Director of Advancement Services |
| T: 325.793.4750 | M: 720.480.9369 | mattie.denise@mcm.edu |
| Institutional Advancement 1 McMurry University #938 Abilene, TX 79697 give.mcm.edu | McMurry University 1400 Sayles Blvd. Abilene, TX 79697 www.mcm.edu |
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