Gift Purchases

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Type: 
Procedure
Category: 
Finance
Department: 
College Finance
Phone: 
(541) 463-5608
Primary Contact: 
Greg Holmes
Contact Email: 
Responsible Executive Authority: 
Chief Financial Officer
Purpose: 

The purpose of this procedure is to assure that the College remains compliant in reporting de minimis fringe benefits with the IRS.

Narrative: 

Gifts officially presented by the college to college employees, students, and others to recognize certain personal occasions that arise (retirements, serious illness/injuries, deaths, special awards, etc.) may be purchased only from non-tax generated funds.  Employee gifts or awards must first be approved by the College president or the president's appointee.

This policy does not preclude the purchase of a gift by departmental employees or individuals who may wish to make personal contributions for a gift to be presented.

Date Adopted: 
Saturday, May 1, 1999
Date Last Reviewed: 
Tuesday, May 13, 2014