Gifts and grants represent a vast resource for the future of Michigan State University. Certain gifts and grants may, however, be inconsistent with University needs or require additional support for which resources are too limited to permit proper administration of the gift. The President shall, therefore, promptly evaluate, or cause to be evaluated, any gift or grant tendered, to determine acceptability. If approved for acceptance, it shall be promptly acknowledged with appreciation.
The President shall cause a report of gifts and grants received to be presented to the Board of Trustees for acceptance at each regular meeting of the Board. Formal acceptance of all gifts and grants shall be by Board action.
Enacted: 9/26/80
Retired Policy No. 02-13-02
Disclaimer: The additional links, resources, and references provided below are for informational purposes only and are not part of this Board of Trustees policy. They are intended to supplement understanding and provide context. Always refer to the most current and official version of the board policy for authoritative direction.
MBP Section 315: Sponsored Projects, Fee-for-Service, and Gifts