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(1) The La Trobe University Foundation recognises that it must merit the respect and trust of those who make a contribution to it. To ensure that donors and prospective donors can have full confidence in the La Trobe University Foundation, the Foundation has developed this Policy. (2) This Policy applies to all Colleges , campuses, divisions and organisational units of the University. (3) This Policy applies to all gifts in cash and in-kind received by the University. (4) The Australian Tax Office defines a donation as a gift which does not promise direct benefits to the donor. However, all donors to the University who have presented a gift in cash or kind, regardless of value, have the right to expect that: (5) The University Alumni and Advancement Office will be responsible for the co-ordination, assignment and management of donations, donors and prospective donors to La Trobe University. (6) The Alumni and Advancement Office will be the central co-ordinator for all University fundraising activities, also acting as an advisory service, a repository of information on all donors and prospective donors and as a clearinghouse for all fundraising campaigns, appeals, submissions and approaches. (7) All donors to the University who have presented a gift in cash or kind, regardless of value, will be stewarded by the University Alumni and Advancement Office. (8) When the Alumni and Advancement Office first contacts a donor to acknowledge their gift to the organisation, they will be provided with information on the La Trobe University Foundation’s mission, of the way the organisation intends to use donated resources, and of its capacity to use donations effectively for their intended purposes. (9) They will also be sent information on the La Trobe University Foundation Committee. (10) The La Trobe University Foundation reserves the right not to accept any gift. (11) Donations to the La Trobe University Foundation may be eligible deductions for income tax purposes. (12) The Alumni and Advancement Office is required to produce an Annual Report for the La Trobe University Foundation. The Annual Report will contain information on the financial statements of the Foundation and the report will be circulated or made available (via the web) to all donors recorded on the databases held by the Alumni and Advancement Office. (13) All cash gifts and all gifts-in-kind valued at $1000 will be acknowledged in the La Trobe University Foundation Annual Report. (14) The Alumni and Advancement Office is required to follow the procedures outlined in the Gift Policy to recognise each gift from donors to the University. (15) The University will issue a receipt for all cash donations over $2. This receipt will be issued in the name of the drawer of the cheque, the person named on the credit card, or as indicated in the donation form. A letter of acknowledgment will be part of the receipt which will be forwarded to the donor. In-kind contributions will be acknowledged but not receipted. (16) Payments made to the La Trobe University Foundation should be forwarded to La Trobe University Foundation, La Trobe University, Victoria, 3086. A letter outlining the purpose of the donation or a completed donation form should accompany the payment. The University accepts credit cards (Visa, MasterCard), electronic funds transfer and cheques. (17) The Alumni and Advancement Office is expected to manage the stewardship of each donor according to the procedures outlined in the Gift Procedures (Stewardship of Gifts and Stewardship of Donors). (18) The Alumni and Advancement Office will be required to manage any questions, concerns, complaints etc received from donors. Any individual or group (such as a campus, college or division) that receive direct communication from donors to the organisation should forward these to the Alumni and Advancement Office to be addressed. (19) For the purpose of this Policy:Donor Rights Policy
Section 1 - Background and Purpose
Section 2 - Scope
Section 3 - Policy Statement
Top of PageSection 4 - Procedures
Overview
Provision of Information to Donors
Alumni and Advancement Office Annual Report
Acknowledgement Letters and Receipts for Donations
Stewardship of Donors
Management of Complaints
Section 5 - Definitions
Top of PageSection 6 - Stakeholders