Share your efficient business ideas...and be eligible to win up to $1500! CUSP is accepting submissions through April 30. Learn more about CUSP
Gift in Kind Acceptance
Effective Date: 3/25/2015
Used when accepting a non-monetary gift (e.g., art, books, manuscripts, antiques, collections, equipment, software, or intellectual property/patents) from a donor, in order to verify compliance with the Gift In Kind chapter of the Accounting Handbook.
Note: Acceptance of a Gift In Kind (GIK) requires preapproval by the appropriate campus controller.
Related Forms & Procedures:
- Accounting Handbook, Gift in Kind chapter