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students tout MU's - Monmouth University

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stewardship<br />

the obligation<br />

O F S T E W A R D S H I P<br />

76<br />

As a reminder of our obligation to effectively steward contributions made to <strong>Monmouth</strong><br />

<strong>University</strong>, the <strong>University</strong> adheres to the following guidelines:<br />

ALL GIFTS WILL BE ACKNOWLEDGED IN A TIMELY AND PERSONAL MANNER.<br />

A CONTRIBUTION ACCEPTED WITH A RESTRICTED PURPOSE MUST BE USED FOR THAT PURPOSE.<br />

IF THE UNIVERSITY FINDS ITSELF UNABLE TO UTILIZE A CONTRIBUTION FOR ITS STATED PURPOSE, THIS WILL BE COMMUNICATED<br />

WITH THE DONOR SO THAT AN ALTERNATIVE USAGE CAN BE ARRANGED OR THE CONTRIBUTION RETURNED.<br />

WHENEVER FEASIBLE, AND ESPECIALLY WITH ENDOWMENT GIFTS, ANNUAL “IMPACT” REPORTS WILL BE GIVEN TO THE DONOR.<br />

THE VALUE OF ANY “SUBSTANTIAL” BENEFITS AS A RESULT OF CONTRIBUTIONS MUST BE REPORTED TO EACH CONTRIBUTOR.<br />

CONTRIBUTIONS WILL BE ACCOUNTED FOR USING UNIVERSALLY ACCEPTED ACCOUNTING STANDARDS, ALLOWING FOR MAXIMUM<br />

EFFICIENCY AND PRODUCTIVITY OF EACH GIFT.<br />

AGAIN, WE THANK YOU FOR YOUR FAITHFUL SUPPORT OF MONMOUTH UNIVERSITY.<br />

<strong>Monmouth</strong> <strong>University</strong> Magazine • FALL 2003

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