K.04 Acceptance and Approval of Gifts, Grants, and Donations
Albuquerque Public Schools, as a district or as individual schools, may accept gifts, grants and donations.
Any and all gifts, grants and donations, including gifts or donations of a device, object or title to property, which have a fair market value of over five-thousand dollars ($5000) shall be subject to approval from the Board of Education prior to acceptance by the district or an individual school.
Presentation of memorials or other awards may be fittingly recognized by the Board of Education. Such recognition shall in no case be considered as a testimonial or endorsement by the district of a product or business enterprise.
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NSBA/NEPN Classification: KCD
Reviewed: January 17, 1990