The Board believes gifts, grants, and bequests to the District may be accepted when they will further the interests of the District. The Board shall have sole authority to determine whether the gift, grant, or bequest furthers the interests of the District.
Gifts, grants, and bequests shall be approved by the Board. Once a gift, grant, or bequest has been approved by the Board, a Board member or the Superintendent may accept the gift, grant, or bequest on behalf of the District. Gifts, grants, and bequests once accepted on behalf of the District become the property of the District. Gifts, grants, and bequests are administered in accordance with terms, if any, agreed to by the Board.
Approved: 1997-1998
Reviewed: FY 2016-2017, December 19, 2016
Revised: 02/24/17