Gift Acceptance Committee (GAC)

POLICY: 4.1
Effective Date: 09/21/2010
Last Updated: 09/21/2010

The Gift Acceptance Committee (GAC) is comprised of the Executive Director/Chief Financial Officer of the Foundations, Associate Vice President of Development and the Executive Director of Planned Giving. The committee considers each gift presented to it as per the policy documented in Section 3.0. The committee reviews all gifts regardless of the entity the donor has designated to receive the gift. If a gift to one of the foundations and further approvals are required per the policy, then the Executive Director/Chief Financial Officer of the foundations will present it to the appropriate foundation committee for their review. If a gift to UGA, before the gift is approved by the committee, the appropriate unit at UGA receiving the gift and the Senior Vice President for Finance and Administration will be notified by the committee in order to seek their approval.