LAUREL SPRINGS SCHOOL DISTRICT
Gifts, Grants and Bequests Policy #3280
Only the board of education may accept for the school district any bequest or gift or money, property or goods, except that the chief school administrator may accept on behalf of the board any such gift of less than $500 in value.
The board reserves the right to refuse to accept any gift which does not contribute toward the achievement of the goals of this district or the ownership of which would tend to deplete the resources of the district.
Any gift accepted by the board or the chief school administrator shall become the property of the board, may not be returned without the approval of the board, and is subject to the same controls and regulations as are other properties of the board. The board shall be responsible for the maintenance of any gift it accepts.
The board will make every effort to honor the intent of the donor in its use of the gift, but reserves the right to utilize any gift it accepts in the best interest of the educational program of the district. In no case shall acceptance of a gift be considered to be an endorsement by the board of a commercial product or business enterprise or institution of learning.
Grants
Staff members are encouraged to seek out sources of grants and gifts, and bring them to the attention of the chief school administrator, who shall investigate the conditions of such grants and make recommendations to the board regarding the advisability of seeking them.
First reading: November 15, 2006
Adopted: December 13, 2006
Legal References: N.J.S.A 18A:6.33.1 Incentive Grants
N.J.S.A 1 8A:20-4 Acceptance and use of gifts
N.J.S.A 18A:20-11 —l6 Property devised in trust
N.J.S.A 18A:29A-1 —7 Governor’s Annual Teacher Recognition
N.J.S.A 18A:71A-1 et. seq. Authority Structure and General Provisions