G-31-7 Acceptance of Gifts or Donations

The following policy will be used in connection with acceptance of gifts other than cash and this policy applies to gifts to the College and does not affect the current procedures used for handling donations to the COCC Foundation:

1. If an employee is approached and offered a gift or suggested donation, he/she should, in a tactful and appropriate way, indicate to the potential donor the College's interest and appreciation and advise them that the College will determine if a use can be found for the gift.
   
   
2. The employee should then provide information about the gift to their Senior Leadership Team Member and the Chief Advancement Officer, along with a recommendation for the acceptance or refusal of the gift.
   
   
3. If the gift can be used by the College, the department receiving the gift will complete requisite paperwork provided by the COCC Foundation, and the Foundation will then write a letter to the donor acknowledging the gift. If the gift cannot be used by the College, the appropriate Senior Leadership Team Member or Chief Advancement Officer will notify the donor.
   
   
4. Gifts of real property can only be accepted by the Board of Directors.