505.01 Gifts, Grants, and Donations
Offers of appropriate gifts, grants, and donations to Sauk Valley Community College, whether real or monetary, may be officially accepted by action of the College Board on recommendation of the President.
When gifts or grants to the College are given in the name of an individual and/or for a specific purpose, this shall be noted by the Board and acknowledged by the President.
The Board of Trustees, through the College President, will encourage any persons who wish to give gifts to the College which require regular management, to instead make those gifts to the Sauk Valley Community College Foundation.
The President shall report all such actions and recommendations to the Board; provided, however, when the donor shall inform the President that the donor wishes his, her, or its identity to remain anonymous, the President shall not disclose such identity.