| VOLUME: I |
POLICIES RELATED TO ACCOUNTING ADMINISTRATION |
| SUBJECT: |
Donations and Contributions to Other Entities |
| SOURCE: |
Financial Management Support, Office of Management and Budget (OMB A-21) on Disallowances for Indirect Cost |
| DATE ISSUED: |
July 1992 |
| POLICY NO.: |
I - 80 |
| RATIONALE: |
To establish rules for making donations and contributions to other entities with university funds. |
| POLICY: |
Donations and contributions to other entities cannot be made with university funds. |
| DEFINITIONS: |
Examples of other entities are non-for-profit organizations such as American Heart Association, etc. These are not to be confused with matching funds as utilized in the administration of contracts and grants. |
| PROCEDURE REFERENCE: |
Donations and contributions to other entities can be made utilizing an Indiana University Foundation account. |
| CROSS REFERENCE: |
OMB Circular A-21, specifically disallows these types of expenses as a direct or indirect cost charged to grants and contracts |
| RESPONSIBLE ORGANIZATION: |
Financial Management Support |
