You are here

704.4 Gifts – Grants – Bequests

AUXILIARY SERVICES

Series 700

 

Policy Title:  Gifts – Grants – Bequests                                                                                                                                                                         Code No.  704.4

The Board believes gifts, grants, and bequests to the School District may be accepted when they will further the interests of the School District.  The Board will have sole authority to determine whether the gift furthers the interests of the School District.

Gifts, grants, and bequests are approved by the Board.  Once it has been approved by the Board, a Board member or the Superintendent may accept the gift on behalf of the School District.

Gifts, grants, and bequests once accepted on behalf of the School District become the property of the School District.  Gifts, grants, and bequests are administered in accordance with terms, if any, agreed to by the Board.

 

Approved:  December 16, 2003

Reviewed:  February 9, 2021

Revised: 

Legal Reference:  Iowa Code §§ 279.42; 565.6 

Cross Reference:  221 Gifts to Board of Directors; 402.4 Gifts to Employees; 508.1 Class or Student Group Gifts