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.

Administrative Position:

• Executive Director of Communications/Chief Financial Officer

Department Director:

• Board of Education Specialist/Executive Director of Accounting

References

Legal Cross Ref.:

Board Policy Cross Ref.:

• D.06 Fiscal Integrity

Procedural Directive Cross Ref.:

• Advertising, Gifts and Donations
• Fixed Asset Inventory

Forms:

• Gift Donation Form

NSBA/NEPN Classification: KCD

Reviewed: January 17, 1990
Revised: February 20, 1996
Reviewed: April 2001
Reviewed: December 13, 2010
Revised: December 15, 2010