Policy Library

660 Fundraising from Private Sources

Authority: Approved by the Board of Trustees
Last updated on: May 10, 2024
Last reviewed on: May 10, 2024

660.1 Fundraising from Private Sources

The Indiana State University Foundation is a separately incorporated 501(c)(3) and serves as the primary fundraising and resource development entity for Indiana State University. The Foundation is responsible for identifying and nurturing relationships with potential donors and other friends of the University, soliciting cash, securities, real and intellectual property, and other private resources for the support of the University, and acknowledging and stewarding gifts in accordance with donor intent and the Foundation’s fiduciary responsibilities.

University employees shall direct all philanthropic gifts to the Foundation for receipt, management, and stewardship.

660.1.1 Gifts from Foreign Sources. All Gifts (as defined under IC 21-30-7-7) received by the University or the Foundation from any Foreign Source (as defined under IC 21-30-7-6) shall be reported to the President of the University not later than the date on which such a gift is received.

Related Information

Policy Administrator:
Office of the Vice President for Advancement
Policy Contact:
Vice President of Advancement
30 North Fifth Street
(812) 237-6100
Policy History:
Policy 660 was included in the 2001 University Handbook revision. Policy 660.1 was amended by the Board of Trustees on September 30, 2016. On May 10, 2024, the ISU Board of Trustees approved the addition of Section 660.1.1 to bring the Policy into compliance with recently enacted legislation.