804.04 - Gifts-Grants-Bequests

The board believes gifts, grants and bequests to the school district may be accepted if they will further the interests of the educational program.  The board shall have sole authority to determine whether the gift furthers the interests of the school district.

Gifts, grants, and bequests shall be approved by the board or the superintendent.  Once it has been approved by the board, a board member or the administration may accept the gift on behalf of the school district.

Gifts, grants, and bequests once accepted on behalf of the school district shall become the property of the school district.  Gifts, grants, and bequests shall be administered in accordance with terms, if any, agreed to by the board.

 

 

Legal Reference:  Iowa Code §§279.42, 565.6 (1991)

Cross Reference:  221        Gifts to Board of Directors Members
                                       402.4    Gifts to School District Personnel
                                       508.1    Class or Student Group Gifts

Approved:  4-23-92                            
Reviewed:  1-08-24              
Revised: