Differences

This shows you the differences between two versions of the page.

Link to this comparison view

Both sides previous revision Previous revision
Next revision
Previous revision
board_measures:board_proposal_024 [2014/10/27 23:00]
wreality
board_measures:board_proposal_024 [2017/04/05 00:38] (current)
Line 1: Line 1:
 +===Board Proposal 024 - Adoption of Gift Acceptance Policy===
 ==== Summary ==== ==== Summary ====
  
Line 4: Line 5:
 Sponsor: Brian Adams\\ Sponsor: Brian Adams\\
 Co-Sponsor:​\\ Co-Sponsor:​\\
-Status: ​DRAFT\\+Status: ​Adopted [[meetings:​20141118_minutes|11/​18/​2014]]
  
 === Proposal === === Proposal ===
  
 +Adoption of the following gift acceptance policy:
  
 Lansing Makers Network solicits and accepts gifts for purposes that will help the organization further and fulfill its mission. Lansing Makers Network urges all prospective donors to seek the assistance of personal legal and financial advisors in matters relating to their gifts, including the resulting tax and estate planning consequences. The following policies and guidelines govern acceptance of gifts made to Lansing Makers Network for the benefit of any of its operations, programs or services. ​ Lansing Makers Network solicits and accepts gifts for purposes that will help the organization further and fulfill its mission. Lansing Makers Network urges all prospective donors to seek the assistance of personal legal and financial advisors in matters relating to their gifts, including the resulting tax and estate planning consequences. The following policies and guidelines govern acceptance of gifts made to Lansing Makers Network for the benefit of any of its operations, programs or services. ​
Line 25: Line 27:
   * are too difficult or too expensive to administer in relation to their value, ​   * are too difficult or too expensive to administer in relation to their value, ​
   * would result in any unacceptable consequences for Lansing Makers Network, or    * would result in any unacceptable consequences for Lansing Makers Network, or 
-  * are for purposes outside Lansing Makers Network’s mission. Decisions on the restrictive nature of a gift, and its acceptance or refusal, shall be made by the Executive Committee, in consultation with the Executive Director.+  * are for purposes outside Lansing Makers Network’s mission. Decisions on the restrictive nature of a gift, and its acceptance or refusal, shall be made by the Board of Directors.
  
 ==Gifts Generally Accepted Without Review== ==Gifts Generally Accepted Without Review==