Gift Stewardship Committee

Assist the Board in fulfilling its responsibilities relative to the effective stewardship of gifts and grants. Specifically, the committee will:

1. Recognize and support the increasing and critical role of private philanthropy at a public university;
2. Understand the fund-raising initiatives and goals established by the University at the direction of the President;
3. Establish written policies and procedures, including gift acceptance policy, to guide the stewardship activities of the UB Foundation, support the University’s fund-raising program and to avoid issues of quid pro quo;
4. Review the use of gifts to ensure donor intent is met and that available funds are fully utilized;
5. Monitor the integrity of the foundation’s gift acceptance/receipting process and ensure compliance with written gift acceptance policy;
6. Establish donor-friendly language for endowment agreements and other UB Foundation gifting instruments;
7. Respond to matters pertaining to gift fees;
8. Consider and respond to proposed in-kind gifts of property, as appropriate;
9. Monitor board-designated endowments;
10. Review and recommend annual philanthropic projections for the UB Foundation financial plan;
11. Oversee matters pertaining to board giving, including annual giving expectations, and advise on solicitation strategies for board members.
12. Administer scholarship and award funds with restricted criteria.