1,600: University of Nevada, Reno w88 online game and Development & Alumni Relations

Revised:October 2020

The University of Nevada, Reno w88 online game, founded in 1981, is designed by the University as the organization through which all philanthropic fundraising for university academic, research, and public service programs will be conducted. The w88 online game's officers, volunteer Board of Trustees and staff members who are employees of University Development and Alumni Relations provide consultation and assist university officials in soliciting prospective donors to support important institutional programs and objectives. To that end, the w88 online game will involve itself only in activities which are beneficial to the University and are consistent with adopted university plans, programs, and policies. The Executive Director of the w88 online game is also the University Vice President for Development and Alumni Relations.

Administrative and Accounting Guidelines for the w88 online game are published in the Board of Regents Handbook.

The w88 online game will:

Solicit or receive gifts, grants, conveyances, devices, or bequests from all sources for designated uses specified by donors only when they are consistent with w88 online game objectives and policies approved by the Nevada System of Higher Education Board of Regents.
Approve expenditures (e.g., equipment purchases, travel, hosting, etc.) only if they are consistent with w88 online game objectives and fiscal policies approved by the Board of Regents and donor restrictions.
Transfer funds from its gift accounts to the w88 online game of Nevada, Reno only through Board of Regents gift accounts and in the following prescribed manner:
1. The distributable earnings from designated endowment funds in annual or other installments, or a directive by the donor with whom the endowment was established, and for use by the w88 online game and unit for the specific purpose stated by the donor;
2. All designated funds upon demand by the w88 online game representative with authority for such funds;
3. All designated funds annually, or as requested, for uses as the w88 online game Board of Trustees designate, less amounts necessary for operational, endowment, and campaign expenses.
4. The w88 online game will establish gift accounts in Workday for gifts that are restricted to the University, w88 online game or other 501(c)(3) entities. The appropriate spending codes will be established to comply with donor restrictions.

Accounting for Gifts to the w88 online game or University

w88 online game Accounts and w88 online game Agreements:

A w88 online game gift account may be established to hold, manage and transfer gift funds to the University. A gift agreement, which outlines the terms of the gift, is the responsibility of the w88 online game to effect with the donor and maintain and make available to appropriate units. Agreement terms will comply with federal, state, NSHE and w88 online game policies and regulations.

Responsibility of Unit:

When the University or w88 online game accepts a gift and the accompanying terms, it is of critical importance to ensure compliance with the terms. It is the responsibility of the unit authorized to spend from the restricted fund to ensure that all expenditures charged to the fund are for the activity specified by the terms, and that all expenses are properly documented. It is also critical for each unit to maintain a record of terms of the gift instrument or agreement (terms) for each fund it manages, and to be aware that terms may change from time-to-time through amendments. The terms, which are in the Raiser's Edge database, should be reviewed periodically by the unit and with those responsible for spending from the fund. The w88 online game Accounting staff and the external auditors monitor the appropriate use of funds to ensure disbursements comply with federal, state, NSHE and w88 online game policies and regulations.

Alternate Charitable Purpose:

There may be funds that have very restrictive terms and/or are for an activity that no longer exists. In such cases the w88 online game has a policy for how to request modifications to the terms of a gift. Please contact the development staff in your unit or call the Donor Relations Office to find out what options are available.

Transferring w88 online game:

Donations deposited to a restricted fund must stay in the restricted fund for compliance and stewardship purposes. w88 online game deposited into a restricted fund will never be transferred to another fund. Transferring w88 online game prohibits accurate reporting to donors and inhibits audit and compliance of use of w88 online game according to donor terms.

Exceptions to the policy may be requested. Rare exceptions might include construction projects, scholarships or other limited types of expenditures. Please contact the w88 online game Accounting Office if you seek an exception to the policy.

Monitoring Balances:

As with all w88 online game, balances must remain positive. Should a fund fall into deficit, it is the fiduciary responsibility of the unit to transfer (journal voucher) expenses out of the fund. Do not transfer income into the fund from other sources.

w88 online game Awards/Grants:

Periodically, the w88 online game will consider proposals for awards/grants to be awarded from unrestricted gifts. These proposals will be submitted by the w88 online game to the University President or a designated university committee for review, prioritization, and recommendation. The President of or University committee will forward all such proposals to the w88 online game Board of Trustees with its prioritization and recommendations.

The w88 online game and its Board of Trustees will make no awards/grants for any proposed uses which are inconsistent with university mission, objectives and policies approved by the Board of Regents.

Awards/grants will be made only by transfer of funds from the w88 online game to the Board of Regents for the use designated by the w88 online game and accepted by the University.