Sample Designated Gift Policy

SAMPLE DESIGNATED GIFT POLICY

 

TITLE OF POLICY: Designated Gift Policy                                          POLICY #

 

APPROVAL DATE:

 

APPROVED BY:

 


PURPOSE: This policy deals with contributions designated in support of a program or project that has been approved by ABC Baptist Church. This policy also deals with the use of designated funds if a project is oversubscribed or is terminated.

 

SCOPE: This policy applies to all donors.

 

POLICY:

All funds designated by a donor will only be accepted for a fund, program or project approved by ABC Baptist Church. Such gifts must be appropriate to our work and in harmony with the adopted policies of ABC Baptist Church.

ABC Baptist Church reserves the right to accept, deny, or negotiate any proposed gift.

Each restricted contribution designated towards an approved fund, program or project will be used as designated with the understanding that when the need for such a fund, program or project has been met, or cannot be completed for any reason determined by ABC Baptist Church, the remaining restricted contributions designated for such fund, program or project will be used where needed most. Such action will be documented in the official church minutes.

This policy will be printed on the offering envelopes. (Or this policy will be printed in the church bulletin on a monthly basis.)

 


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