Indiana University Seal

Donations and Contributions to Other Entities FIN-ACC-I-80

Scope

-

Back to top

Policy Statement

Donations and contributions to other entities cannot be made with university funds.

Back to top

Reason for Policy

To establish rules for making donations and contributions to other entities with university funds. OMB Circular A-21, specifically disallows these types of expenses as a direct or indirect cost charged to grants and contracts.

Back to top

Procedures

Donations and contributions to other entities can be made utilizing an Indiana University Foundation account.

Back to top

Definitions

Examples of other entities are non-for-profit organizations such as American Heart Association, etc. These are not to be confused with matching funds as utilized in the administration of contracts and grants.

Back to top

History

This policy was established on July 1, 1992.

Back to top