Donations and Contributions to Other Entities FIN-ACC-I-80
Donations and contributions to other entities cannot be made with university funds.
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.
Donations and contributions to other entities can be made utilizing an Indiana University Foundation account.
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.
This policy was established on July 1, 1992.